What is Medtecs International 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. Medtecs International's Average Total Inventories for the quarter that ended in Dec. 2023 was S$51.48 Mil. Medtecs International's Revenue for the
six
months ended in Dec. 2023 was S$34.77 Mil.
Medtecs International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.48.
Medtecs International's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Jun. 2023 (1.43) to Jun. 2023 (1.48)
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.
Medtecs International's Days Inventory for the
six
months ended in Dec. 2023 was 289.07.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Medtecs International's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.63.
Medtecs International Inventory-to-Revenue Historical Data
The historical data trend for Medtecs International'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.
Competitive Comparison of Medtecs International's Inventory-to-Revenue
For the Medical Instruments & Supplies subindustry, Medtecs International'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.
Medtecs International's Inventory-to-Revenue Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Medtecs International's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Medtecs International's Inventory-to-Revenue falls into.
Medtecs International 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.
Medtecs International's Inventory-to-Revenue for the fiscal year that 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.
Medtecs International (SGX:546) 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.
Medtecs International's Days Inventory for the
six
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.
Medtecs International Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Medtecs International's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Medtecs International (SGX:546) Business Description
Medtecs International Corp Ltd is an investment holding company. The company along with its subsidiaries is a manufacturer of medical consumables and provides healthcare products and services. It operates in three segments The Manufacturing segment produces and sub-contracts medical consumables, including patients apparels, disposable surgical masks, boot covers and surgical gowns, adult diapers, underpads, crochet blankets, bed linens and medical bandages. The Hospital services segment provides laundry and leasing services. The Distribution segment is involved in the marketing of Medtecs-branded medical consumables to hospitals, pharmacies, and other end users. It generates the highest revenue from the Manufacturing segment.
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