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Mustek (JSE:MST) Inventory-to-Revenue : 0.57 (As of Jun. 2024)


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What is Mustek 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. Mustek's Average Total Inventories for the quarter that ended in Jun. 2024 was R2,399 Mil. Mustek's Revenue for the six months ended in Jun. 2024 was R4,241 Mil. Mustek's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.57.

Mustek's Inventory-to-Revenue for the quarter that ended in Jun. 2024 declined from Dec. 2023 (0.61) to Dec. 2023 (0.57)

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. Mustek's Days Inventory for the six months ended in Jun. 2024 was 116.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mustek's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.57.


Mustek Inventory-to-Revenue Historical Data

The historical data trend for Mustek'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.

Mustek Inventory-to-Revenue Chart

Mustek Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.19 0.22 0.26 0.30

Mustek Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.49 0.47 0.47 0.61 0.57

Competitive Comparison of Mustek's Inventory-to-Revenue

For the Computer Hardware subindustry, Mustek'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.


Mustek's Inventory-to-Revenue Distribution in the Hardware Industry

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

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



Mustek 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.

Mustek's Inventory-to-Revenue for the fiscal year that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (A: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )
=( (2790.335 + 2352.401) / 2 ) / 8507.282
=2571.368 / 8507.282
=0.30

Mustek's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (2445.754 + 2352.401) / 2 ) / 4240.67
=2399.0775 / 4240.67
=0.57

* 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.


Mustek  (JSE:MST) 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.

Mustek's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=2399.0775/3770.827*365 / 2
=116.11

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

Mustek's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=3770.827 / 2399.0775
=1.57

* 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.


Mustek Inventory-to-Revenue Related Terms

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Mustek Business Description

Industry
Traded in Other Exchanges
Address
322 15th Road, Randjespark, Midrand, GT, ZAF, 1685
Mustek Ltd is an assembler and distributor of personal computers and complementary Information and Communication Technology (ICT) products in South Africa. The company's segment includes Mustek; Rectron; MIE and Group. Mustek includes assembly and distribution of computer products and peripherals, including Mecer-branded products and related services. Rectron includes distribution of computer components and peripherals. Mecer Inter-Ed (MIE) includes training provider of accredited training programmes and the group includes investments in associates and other investments and loans. Geographically, operates through the region of South Africa. It derives substantial part of its revenue from the Mustek segment.