FY Financial (Shenzhen) Co (HKSE:08452) Inventory-to-Revenue : 0.21 (As of Dec. 2023)

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What is FY Financial (Shenzhen) Co 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. FY Financial (Shenzhen) Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$5.05 Mil. FY Financial (Shenzhen) Co's Revenue for the three months ended in Dec. 2023 was HK$23.60 Mil. FY Financial (Shenzhen) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.21.

FY Financial (Shenzhen) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.30) to Sep. 2023 (0.21)

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. FY Financial (Shenzhen) Co's Days Inventory for the three months ended in Dec. 2023 was 21.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. FY Financial (Shenzhen) Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.20.

FY Financial (Shenzhen) Co Inventory-to-Revenue Historical Data

The historical data trend for FY Financial (Shenzhen) Co'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.

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FY Financial (Shenzhen) Co Inventory-to-Revenue Chart

FY Financial (Shenzhen) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.02

0.04

FY Financial (Shenzhen) Co 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															0.05	0.07	0.17	0.30	0.21

Competitive Comparison of FY Financial (Shenzhen) Co's Inventory-to-Revenue

For the Credit Services subindustry, FY Financial (Shenzhen) Co'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.

FY Financial (Shenzhen) Co's Inventory-to-Revenue Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, FY Financial (Shenzhen) Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where FY Financial (Shenzhen) Co's Inventory-to-Revenue falls into.

FY Financial (Shenzhen) Co Inventory-to-Revenue Calculation

FY Financial (Shenzhen) Co'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 )
=	( (0.708	+	5.052)	/	2 )	/	66.025
=	2.88					/	66.025
=	0.04

FY Financial (Shenzhen) Co'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (0	+	5.052)	/	1 )	/	23.599
=	5.052					/	23.599
=	0.21

FY Financial (Shenzhen) Co (HKSE:08452) 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:

More Related Terms:

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

FY Financial (Shenzhen) Co's Days Inventory for the three 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
	=	5.052	/	21.201	*	365 / 4
	=	21.74

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

FY Financial (Shenzhen) Co'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 )
	=	21.201	/	5.052
	=	4.20

FY Financial (Shenzhen) Co Inventory-to-Revenue Related Terms

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FY Financial (Shenzhen) Co (HKSE:08452) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » FY Financial (Shenzhen) Co Ltd (HKSE:08452) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 128 Xinzhou 11th Street, Room 1603, Cheung Kei Building, Futian District, Guangdong, Shenzhen, CHN

Website

http://www.fyleasing.com

FY Financial (Shenzhen) Co Ltd is a financial services company. It focuses on providing financial leasing, provision of factoring and advisory services and customer referral services, and the supply of medical equipment in the People's Republic of China region. The group's segment includes Financial and advisory business and Trading operation business. It derives majority of its revenues from a Financial and advisory business.

Executives

A Plus Capital Management Limited	2102 Investment manager
Tiger Capital Fund Spc - Tiger Global Sp	2101 Beneficial owner
Kkc Capital Limited	2102 Investment manager
Kkc Capital Spc - Kkc Capital High Growth Fund Segregated Portfolio	2101 Beneficial owner

FY Financial (Shenzhen) Co (HKSE:08452) Headlines

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