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Lichen China (Lichen China) Inventory-to-Revenue : 0.01 (As of Dec. 2023)


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What is Lichen China 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. Lichen China's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.11 Mil. Lichen China's Revenue for the six months ended in Dec. 2023 was $23.83 Mil. Lichen China's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Lichen China's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.01) to Jun. 2023 (0.01)

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. Lichen China's Days Inventory for the six months ended in Dec. 2023 was 2.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lichen China's Inventory Turnover for the quarter that ended in Dec. 2023 was 86.89.


Lichen China Inventory-to-Revenue Historical Data

The historical data trend for Lichen China'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.

Lichen China Inventory-to-Revenue Chart

Lichen China Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
- - - -

Lichen China Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Lichen China's Inventory-to-Revenue

For the Specialty Business Services subindustry, Lichen China'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.


Lichen China's Inventory-to-Revenue Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Lichen China's Inventory-to-Revenue distribution charts can be found below:

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



Lichen China 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.

Lichen China'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 )
=( (0.127 + 0.087) / 2 ) / 39.759
=0.107 / 39.759
=0.00

Lichen China'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0.128 + 0.087) / 2 ) / 23.833
=0.1075 / 23.833
=0.00

* 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.


Lichen China  (NAS:LICN) 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.

Lichen China's Days Inventory for the six 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
=0.1075/9.341*365 / 2
=2.10

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

Lichen China'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 )
=9.341 / 0.1075
=86.89

* 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.


Lichen China Inventory-to-Revenue Related Terms

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Lichen China (Lichen China) Business Description

Traded in Other Exchanges
N/A
Address
888 Century Avenue Meiling Street, Tower 3, Jinjiang Wanda Plaza Commercial Complex, B2306, Block B, Fujian Province, Jinjiang, CHN, 362000
Lichen China Ltd is a holding company. The company, along with its subsidiaries provides financial and taxation solution services; education support services; and software and maintenance services. The company generates Majority revenue from Financial and taxation solution services.