GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cathay Pacific Airways Ltd (HKSE:00293) » Definitions » Inventory-to-Revenue

Cathay Pacific Airways (HKSE:00293) Inventory-to-Revenue : 0.02 (As of Dec. 2023)


View and export this data going back to 1986. Start your Free Trial

What is Cathay Pacific Airways 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. Cathay Pacific Airways's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$954 Mil. Cathay Pacific Airways's Revenue for the six months ended in Dec. 2023 was HK$50,892 Mil. Cathay Pacific Airways's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Cathay Pacific Airways's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.02) to Jun. 2023 (0.02)

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. Cathay Pacific Airways's Days Inventory for the six months ended in Dec. 2023 was 4.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cathay Pacific Airways's Inventory Turnover for the quarter that ended in Dec. 2023 was 42.59.


Cathay Pacific Airways Inventory-to-Revenue Historical Data

The historical data trend for Cathay Pacific Airways'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.

Cathay Pacific Airways Inventory-to-Revenue Chart

Cathay Pacific Airways 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 0.02 0.04 0.03 0.02 0.01

Cathay Pacific Airways Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.05 0.07 0.04 0.02 0.02

Competitive Comparison of Cathay Pacific Airways's Inventory-to-Revenue

For the Airlines subindustry, Cathay Pacific Airways'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.


Cathay Pacific Airways's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Cathay Pacific Airways's Inventory-to-Revenue distribution charts can be found below:

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



Cathay Pacific Airways 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.

Cathay Pacific Airways'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 )
=( (1137 + 967) / 2 ) / 94485
=1052 / 94485
=0.01

Cathay Pacific Airways'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 )
=( (941 + 967) / 2 ) / 50892
=954 / 50892
=0.02

* 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.


Cathay Pacific Airways  (HKSE:00293) 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.

Cathay Pacific Airways'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
=954/40627*365 / 2
=4.29

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

Cathay Pacific Airways'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 )
=40627 / 954
=42.59

* 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.


Cathay Pacific Airways Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Cathay Pacific Airways's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Cathay Pacific Airways (HKSE:00293) Business Description

Traded in Other Exchanges
Address
88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, HKG
Cathay Pacific Airways is the largest airline group in Hong Kong. It operated a fleet of 222 aircraft as of December 2022 and carried more than 35 million passengers in 2019. Its route network extends to 119 destinations in 35 countries. The group operates the full-service airline Cathay Pacific and the low-cost carrier HK Express. It also runs the cargo carrier Air Hong Kong.

Cathay Pacific Airways (HKSE:00293) Headlines

No Headlines