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MOBI Development Co (HKSE:00947) Inventory-to-Revenue : 0.59 (As of Dec. 2023)


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What is MOBI Development 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. MOBI Development Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$191.2 Mil. MOBI Development Co's Revenue for the six months ended in Dec. 2023 was HK$322.8 Mil. MOBI Development Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.59.

MOBI Development Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.56) to Jun. 2023 (0.59)

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. MOBI Development Co's Days Inventory for the six months ended in Dec. 2023 was 118.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. MOBI Development Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.54.


MOBI Development Co Inventory-to-Revenue Historical Data

The historical data trend for MOBI Development 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.

MOBI Development Co Inventory-to-Revenue Chart

MOBI Development 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 0.30 0.30 0.36 0.30 0.26

MOBI Development Co 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 0.63 0.67 0.55 0.56 0.59

Competitive Comparison of MOBI Development Co's Inventory-to-Revenue

For the Communication Equipment subindustry, MOBI Development 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.


MOBI Development Co's Inventory-to-Revenue Distribution in the Hardware Industry

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

* The bar in red indicates where MOBI Development Co's Inventory-to-Revenue falls into.



MOBI Development 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.

MOBI Development 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 )
=( (201.942 + 163.984) / 2 ) / 700.947
=182.963 / 700.947
=0.26

MOBI Development Co'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 )
=( (218.419 + 163.984) / 2 ) / 322.787
=191.2015 / 322.787
=0.59

* 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.


MOBI Development Co  (HKSE:00947) 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.

MOBI Development Co'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
=191.2015/293.527*365 / 2
=118.88

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

MOBI Development Co'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 )
=293.527 / 191.2015
=1.54

* 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.


MOBI Development Co Inventory-to-Revenue Related Terms

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MOBI Development Co (HKSE:00947) Business Description

Traded in Other Exchanges
N/A
Address
7 Langshan First Road, Science and Technology Park, Nanshan District, Guangdong Province, Shenzen, CHN
MOBI Development Co Ltd is engaged in the communications business sector. It specializes in antenna, radiofrequency, communications products, and solutions of wi-fi series. It operates in three business segments that are Antenna systems engaged in the manufacturing and sales of the antenna systems and related products; the Base station RF subsystem consists of the manufacturing and sales of base station RF subsystem and related products; the Coverage extension solution segment manufactures and sales of coverage products. The majority of the revenue comes from the Base station RF subsystem.

MOBI Development Co (HKSE:00947) Headlines

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