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AGTech Holdings (HKSE:08279) Inventory-to-Revenue : 0.22 (As of Sep. 2023)


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What is AGTech 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. AGTech Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$33.9 Mil. AGTech Holdings's Revenue for the three months ended in Sep. 2023 was HK$153.2 Mil. AGTech Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.22.

AGTech Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 declined from Jun. 2023 (0.27) to Jun. 2023 (0.22)

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. AGTech Holdings's Days Inventory for the three months ended in Sep. 2023 was 113.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. AGTech Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.80.


AGTech Holdings Inventory-to-Revenue Historical Data

The historical data trend for AGTech 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.

AGTech Holdings Inventory-to-Revenue Chart

AGTech 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 0.08 0.11 0.09 0.08 0.06

AGTech Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.32 0.20 0.27 0.22 0.25

Competitive Comparison of AGTech Holdings's Inventory-to-Revenue

For the Gambling subindustry, AGTech 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.


AGTech Holdings's Inventory-to-Revenue Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, AGTech Holdings's Inventory-to-Revenue distribution charts can be found below:

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



AGTech 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.

AGTech 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 )
=( (33.072 + 37.308) / 2 ) / 596.449
=35.19 / 596.449
=0.06

AGTech Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (33.876 + 0) / 1 ) / 153.225
=33.876 / 153.225
=0.22

* 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.


AGTech Holdings  (HKSE:08279) 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.

AGTech Holdings's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=33.876/27.206*365 / 4
=113.62

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

AGTech Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=27.206 / 33.876
=0.80

* 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.


AGTech Holdings Inventory-to-Revenue Related Terms

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AGTech Holdings (HKSE:08279) Business Description

Traded in Other Exchanges
Address
Times Square, Causeway Bay, Unit 3912, 39th Floor, Tower Two, Hong Kong, HKG
AGTech Holdings Ltd is an investment holding company that operates in two segments. The lottery operation segment includes sales and leasing of lottery hardware (including the provision of related after-sale services), provision of lottery distribution and ancillary services in Mainland China; and other related services. The electronic payment & related services segment includes the provision of payment card services and ancillary services; the provision of e-wallet services; the provision of acquiring services for other payment service providers; the sale and leasing of payment terminals and equipment; and other related services in Macau & generates the majority of revenue. Its geographical segments are Hong Kong, China, and Others, of which the majority of its revenue comes from China.
Executives
Sun Ho 2101 Beneficial owner
Hangzhou Yunbo Investment Consulting Co., Ltd.
Hu Simon Xiaoming
Jiang Fang
Jing Eric Xiandong
Ma Yun
Cheung Lup Kwan Vitor 2201 Interest of corporation controlled by you
Rainwood Resources Limited 2101 Beneficial owner
Ali Fortune Investment Holding Limited 2101 Beneficial owner
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
Alibaba Investment Limited 2201 Interest of corporation controlled by you
Ant Small And Micro Financial Services Group Co., Ltd. 2201 Interest of corporation controlled by you
Api (hong Kong) Investment Limited 2201 Interest of corporation controlled by you
Api Holdings Limited 2201 Interest of corporation controlled by you
Shanghai Yunju Venture Capital Co., Ltd. 2201 Interest of corporation controlled by you

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