What is Niche-Tech Semiconductor Materials 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. Niche-Tech Semiconductor Materials's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$37.4 Mil. Niche-Tech Semiconductor Materials's Revenue for the
three
months ended in Dec. 2023 was HK$59.0 Mil.
Niche-Tech Semiconductor Materials's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.63.
Niche-Tech Semiconductor Materials's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.55) to Sep. 2023 (0.63)
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.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Niche-Tech Semiconductor Materials's Days Inventory for the
three
months ended in Dec. 2023 was 77.99.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Niche-Tech Semiconductor Materials's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.17.
Niche-Tech Semiconductor Materials 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.
Competitive Comparison of Niche-Tech Semiconductor Materials's Inventory-to-Revenue
For the Semiconductor Equipment & Materials subindustry, Niche-Tech Semiconductor Materials'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.
Niche-Tech Semiconductor Materials's Inventory-to-Revenue Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Niche-Tech Semiconductor Materials's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Niche-Tech Semiconductor Materials's Inventory-to-Revenue falls into.
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.
* 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.
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.
Niche-Tech Semiconductor Materials'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.
Niche-Tech Semiconductor Materials Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Niche-Tech Semiconductor Materials's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Niche-Tech Semiconductor Materials (HKSE:08490) Business Description
Niche-Tech Semiconductor Materials Ltd is a semiconductor packaging materials manufacturer. Its products are divided into Bonding Wires, Encapsulants, and Others. Bonding wires include developing, manufacturing, and supply of fine and ultra-fine Bonding Wires such as gold, gold alloy, silver alloy, aluminum, silicone aluminum, copper, copper alloy, and palladium-coated copper. Other products mainly include solder wire, solder bar, solder paste, and bonding tools for PCB application, and Encapsulant includes high-purity liquid glob-top epoxy for COB applications and others. The company generates a majority of its revenue from Bonding wires, and geographically from the People's Republic of China.
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