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. Jimu Group's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$12.97 Mil. Jimu Group's Revenue for the
three
months ended in Dec. 2023 was HK$9.93 Mil.
Jimu Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.31.
Jimu Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (2.69) to Sep. 2023 (1.31)
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.
Jimu Group's Days Inventory for the
three
months ended in Dec. 2023 was 145.77.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Jimu Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.63.
Jimu Group Inventory-to-Revenue Historical Data
The historical data trend for Jimu Group'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.
Competitive Comparison of Jimu Group's Inventory-to-Revenue
For the Footwear & Accessories subindustry, Jimu Group'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.
Jimu Group's Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jimu Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Jimu Group's Inventory-to-Revenue falls into.
Jimu Group 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.
Jimu Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Jimu Group (HKSE:08187) 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.
Jimu Group's Days Inventory for the
three
months ended in Dec. 2023 is calculated as:
* 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.
Jimu Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Jimu Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Jimu Group Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the footwear business and the provision of loan facilitation services. The company operates in two segments footwear and apparel businesses which include trading of footwear and apparel, and loan facilitation and credit assessment services which include the provision of pre-loan facilitation services, post-loan facilitation services, and credit assessment services. The company generates the majority of its revenue from footwear and apparel businesses. Geographically, the group has a business presence all over the world.
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