HeartCore Enterprises (HeartCore Enterprises) Inventory-to-Revenue : 0.00 (As of Mar. 2024)

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What is HeartCore Enterprises 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. HeartCore Enterprises's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.00 Mil. HeartCore Enterprises's Revenue for the three months ended in Mar. 2024 was $5.05 Mil. HeartCore Enterprises's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

HeartCore Enterprises's Inventory-to-Revenue for the quarter that ended in Mar. 2024 stayed the same from Dec. 2023 (0.00) to Dec. 2023 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HeartCore Enterprises's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

HeartCore Enterprises Inventory-to-Revenue Historical Data

The historical data trend for HeartCore Enterprises'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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HeartCore Enterprises Inventory-to-Revenue Chart

HeartCore Enterprises Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

HeartCore Enterprises Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory-to-Revenue	Get a 7-Day Free Trial											-	-	-	-	-

Competitive Comparison of HeartCore Enterprises's Inventory-to-Revenue

For the Software - Application subindustry, HeartCore Enterprises'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.

HeartCore Enterprises's Inventory-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, HeartCore Enterprises's Inventory-to-Revenue distribution charts can be found below:

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

HeartCore Enterprises Inventory-to-Revenue Calculation

HeartCore Enterprises'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	+	0)	/	1 )	/	21.846
=	0					/	21.846
=	0.00

HeartCore Enterprises's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

	Inventory-to-Revenue (Q: Mar. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Revenue (Q: Mar. 2024 )
=	( (0	+	0)	/	1 )	/	5.047
=	0					/	5.047
=	0.00

HeartCore Enterprises (NAS:HTCR) 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.

HeartCore Enterprises's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	3.015	*	365 / 4
	=	0.00

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

HeartCore Enterprises's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	3.015	/	0
	=

HeartCore Enterprises Inventory-to-Revenue Related Terms

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HeartCore Enterprises (HeartCore Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » HeartCore Enterprises Inc (NAS:HTCR) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-33, Higashigotanda, Shinagawa-ku, Tokyo, JPN

Website

https://www.heartcore.co.jp

HeartCore Enterprises Inc is a software development company. It provides software through two business units. The first business unit includes a customer experience management business that has been in existence for 12 years. The customer experience management platform includes marketing, sales, service and content management systems, as well as other tools and integrations, that enable companies to attract and engage customers throughout the customer experience. It also provides education, services and support to help customers be successful with CXM Platform.

Executives

Keisuke Kuno	officer: CX Division Vice President	2-10-1 HORINOUCHI, HACHIOJI-SHI, TOKYO M0 192-0355
Kimio Hosaka	director, officer: Chief Operating Officer	2-16-2-312 OSHIAGE, SUMIDA-KU, TOKYO M0 131-0045
Sumitaka Yamamoto	director, 10 percent owner, officer: Chairman,CEO & President	848 JORDAN AVE. #G, LOS ALTOS CA 94022
Ferdinand Groenewald	director	C/O MUSCLE MAKER, INC,, 2200 SPACE PARK DRIVE,SUITE 310, HOUSTON TX 77058
Qizhi Gao	officer: Chief Financial Officer	1-8-17-302, SHITTE, TSURUMI-KU, YOKOHAMA-SHI, KANAGAWA M0 230-0003
Hidekazu Miyata	officer: Chief Technical Officer	4-6-6-1106, KONAN, MINATO-KU, TOKYO M0 108-0075
Yuta Katai	director	1-14-604 SUIDOUCHO,SHINJYUKU-KU, TOKYO M0 162-0811
Takeshi Omoto	director	1-16-5 HIG A SHIG A OK A , MEGURO-KU, TOKYO M0 152-0021
Yoshitomo Yamano	director	3-12-22-301, SENDAGAYA, SHIBUYA-KU, TOKYO M0 151-0051
Yuki Tan	director	2-14-8, AZAMINOMINAMI, AOBA-KU, YOKOHAMA-SHI, KANGAWA M0 225-0012