GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vital Innovations Holdings Ltd (HKSE:06133) » Definitions » Inventory-to-Revenue

Vital Innovations Holdings (HKSE:06133) Inventory-to-Revenue : 0.01 (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Vital Innovations Holdings Inventory-to-Revenue?

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Vital Innovations Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$4.7 Mil. Vital Innovations Holdings's Revenue for the six months ended in Dec. 2023 was HK$529.2 Mil. Vital Innovations Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Vital Innovations Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.02) to Jun. 2023 (0.01)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vital Innovations Holdings's Days Inventory for the six months ended in Dec. 2023 was 1.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vital Innovations Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 113.21.


Vital Innovations Holdings Inventory-to-Revenue Historical Data

The historical data trend for Vital Innovations Holdings's Inventory-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vital Innovations Holdings Inventory-to-Revenue Chart

Vital Innovations Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.03 0.01 0.01

Vital Innovations Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.02 0.02 0.02 0.01

Competitive Comparison of Vital Innovations Holdings's Inventory-to-Revenue

For the Consumer Electronics subindustry, Vital Innovations Holdings's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vital Innovations Holdings's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vital Innovations Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Vital Innovations Holdings's Inventory-to-Revenue falls into.



Vital Innovations Holdings Inventory-to-Revenue Calculation

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Vital Innovations Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (8.949 + 1.325) / 2 ) / 913.967
=5.137 / 913.967
=0.01

Vital Innovations Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (7.992 + 1.325) / 2 ) / 529.205
=4.6585 / 529.205
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vital Innovations Holdings  (HKSE:06133) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Vital Innovations Holdings's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=4.6585/527.384*365 / 2
=1.61

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Vital Innovations Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=527.384 / 4.6585
=113.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vital Innovations Holdings Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Vital Innovations Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Vital Innovations Holdings (HKSE:06133) Business Description

Traded in Other Exchanges
N/A
Address
No. 55 Jiachuang Second Road, Zone B, 7th Floor, Zhongguancun Science Park, OTPO-Merchatronics Industrial Park, Tongzhou District, Beijing, CHN, 101111
Vital Innovations Holdings Ltd is an investment holding company. It operates in two segments: Trading of mobile telecommunication devices, which includes mobile telecommunication-related components and smart appliances; and Trading of AI and other equipment. Its geographical segments are Hong Kong, China, and Others, of which the majority of its revenue comes from Hong Kong.

Vital Innovations Holdings (HKSE:06133) Headlines

No Headlines