What is China Golden Classic Group 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. China Golden Classic Group's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$32.0 Mil. China Golden Classic Group's Revenue for the
three
months ended in Dec. 2023 was HK$97.1 Mil.
China Golden Classic Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.
China Golden Classic Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (0.52) to Sep. 2023 (0.33)
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.
China Golden Classic Group's Days Inventory for the
three
months ended in Dec. 2023 was 46.73.
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Golden Classic Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.95.
China Golden Classic Group Inventory-to-Revenue Historical Data
* 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.
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China Golden Classic Group Inventory-to-Revenue Chart
Competitive Comparison of China Golden Classic Group's Inventory-to-Revenue
For the Household & Personal Products subindustry, China Golden Classic 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.
China Golden Classic Group's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, China Golden Classic Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where China Golden Classic Group's Inventory-to-Revenue falls into.
China Golden Classic 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.
China Golden Classic 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.
China Golden Classic Group (HKSE:08281) 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.
China Golden Classic 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.
China Golden Classic Group Inventory-to-Revenue Related Terms
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China Golden Classic Group (HKSE:08281) Business Description
China Golden Classic Group Ltd is a daily household product producer in China. The company's reportable segment includes Oral care products, Household Hygiene products, and Leather care products. The Oral Care Products segment involves the manufacturing and selling of oral care products including functional toothpaste, mouthwash, oral spray, and toothbrush. The Leather Care Products segment offers leather shoe care products and leather clothing care products. The Household Hygiene Products segment comprises household hygiene products such as surface cleaners, laundry care products, toilet care products, and mould proof products. The group's operations are mainly located in the PRC.
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