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Kingcan Holdings (TPE:8411) Inventory-to-Revenue : 0.49 (As of Mar. 2024)


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What is Kingcan Holdings 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. Kingcan Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$992 Mil. Kingcan Holdings's Revenue for the three months ended in Mar. 2024 was NT$2,030 Mil. Kingcan Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.49.

Kingcan Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.50) to Dec. 2023 (0.49)

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. Kingcan Holdings's Days Inventory for the three months ended in Mar. 2024 was 49.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kingcan Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.86.


Kingcan Holdings Inventory-to-Revenue Historical Data

The historical data trend for Kingcan Holdings'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.

Kingcan Holdings Inventory-to-Revenue Chart

Kingcan Holdings 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 0.18 0.19 0.15 0.11

Kingcan Holdings 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 0.51 0.52 0.48 0.50 0.49

Competitive Comparison of Kingcan Holdings's Inventory-to-Revenue

For the Packaging & Containers subindustry, Kingcan Holdings'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.


Kingcan Holdings's Inventory-to-Revenue Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kingcan Holdings's Inventory-to-Revenue distribution charts can be found below:

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



Kingcan Holdings 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.

Kingcan Holdings'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 )
=( (848.706 + 1007.894) / 2 ) / 8260.364
=928.3 / 8260.364
=0.11

Kingcan Holdings'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 )
=( (1007.894 + 976.367) / 2 ) / 2029.512
=992.1305 / 2029.512
=0.49

* 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.


Kingcan Holdings  (TPE:8411) 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.

Kingcan Holdings'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
=992.1305/1840.411*365 / 4
=49.19

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

Kingcan Holdings'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 )
=1840.411 / 992.1305
=1.86

* 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.


Kingcan Holdings Inventory-to-Revenue Related Terms

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Kingcan Holdings (TPE:8411) Business Description

Traded in Other Exchanges
N/A
Address
Hibiscus Way, 802 West Bay Road, PO Box 31119 Grand Pavilion, Grand Cayman, CYM, KY1-1205
Kingcan Holdings Ltd specializes in the production of metal packaging containers for all types of easy-to-open three-piece tinplate beverage cans, food, and vegetable cans. Its products and services include Tinplate packaging containers, Aluminum product packaging containers, Tinplate color printing, Tinplate coating, Food, and beverage filling, and others. The majority of the revenue is generated from China.

Kingcan Holdings (TPE:8411) Headlines

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