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Holy Stone Enterprise Co (TPE:3026) Inventory-to-Revenue : 1.03 (As of Mar. 2024)


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What is Holy Stone Enterprise Co 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. Holy Stone Enterprise Co's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$3,018 Mil. Holy Stone Enterprise Co's Revenue for the three months ended in Mar. 2024 was NT$2,939 Mil. Holy Stone Enterprise Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.03.

Holy Stone Enterprise Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (1.10) to Dec. 2023 (1.03)

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. Holy Stone Enterprise Co's Days Inventory for the three months ended in Mar. 2024 was 112.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Holy Stone Enterprise Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.81.


Holy Stone Enterprise Co Inventory-to-Revenue Historical Data

The historical data trend for Holy Stone Enterprise Co'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.

Holy Stone Enterprise Co Inventory-to-Revenue Chart

Holy Stone Enterprise Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.16 0.16 0.22 0.26

Holy Stone Enterprise Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.01 1.03 0.97 1.10 1.03

Competitive Comparison of Holy Stone Enterprise Co's Inventory-to-Revenue

For the Electronic Components subindustry, Holy Stone Enterprise Co'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.


Holy Stone Enterprise Co's Inventory-to-Revenue Distribution in the Hardware Industry

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

* The bar in red indicates where Holy Stone Enterprise Co's Inventory-to-Revenue falls into.



Holy Stone Enterprise Co 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.

Holy Stone Enterprise Co'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 )
=( (3626.554 + 3127.761) / 2 ) / 13240.3
=3377.1575 / 13240.3
=0.26

Holy Stone Enterprise Co'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 )
=( (3127.761 + 2908.251) / 2 ) / 2939.487
=3018.006 / 2939.487
=1.03

* 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.


Holy Stone Enterprise Co  (TPE:3026) 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.

Holy Stone Enterprise Co'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
=3018.006/2438.441*365 / 4
=112.94

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

Holy Stone Enterprise Co'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 )
=2438.441 / 3018.006
=0.81

* 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.


Holy Stone Enterprise Co Inventory-to-Revenue Related Terms

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Holy Stone Enterprise Co (TPE:3026) Business Description

Traded in Other Exchanges
N/A
Address
No. 62, Section 2, Huang Shan Road, 1st Floor, Nei Hu District, Taipei, TWN, 11452
Holy Stone Enterprise Co Ltd is a manufacturer and distributor of capacitors, integrated circuits, and other electronic components. The Group has two operating segments: the Electronics department segment is engaged in the development, design, manufacturing, and sales of electronics-related products, And the other department segment does professional investment and the wholesaling of western medicine and medical equipment. Geographically, The company operates in China, Taiwan, the United States, and Other countries. It derives a majority of its revenue from China.

Holy Stone Enterprise Co (TPE:3026) Headlines

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