Macau Legend Development (HKSE:01680) Inventory-to-Revenue

: 0.13 (As of Dec. 2022)

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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. Macau Legend Development's Average Total Inventories for the quarter that ended in Dec. 2022 was HK$22.1 Mil. Macau Legend Development's Revenue for the six months ended in Dec. 2022 was HK$167.9 Mil. Macau Legend Development's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.13.

Macau Legend Development's Inventory-to-Revenue for the quarter that ended in Dec. 2022 increased from Jun. 2022 (0.04) to Jun. 2022 (0.13)

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. Macau Legend Development's Days Inventory for the six months ended in Dec. 2022 was 12.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. Macau Legend Development's Inventory Turnover for the quarter that ended in Dec. 2022 was 14.40.

Macau Legend Development Inventory-to-Revenue Historical Data

The historical data trend for Macau Legend Development'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.

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Macau Legend Development Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory-to-Revenue

0.02

0.01

0.04

0.02

0.03

Macau Legend Development Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Inventory-to-Revenue																0.08	0.05	0.04	0.04	0.13

Competitive Comparison

For the Resorts & Casinos subindustry, Macau Legend Development'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.

Annual Data Quarterly Data

Macau Legend Development Inventory-to-Revenue Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Macau Legend Development's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Macau Legend Development's Inventory-to-Revenue falls in comparison to its industry or sector. The grey bar indicates the Inventory-to-Revenue's extreme value range as defined by GuruFocus.

Macau Legend Development Inventory-to-Revenue Calculation

Macau Legend Development's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory-to-Revenue (A: Dec. 2022 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )
=	( (24.289	+	21.304)	/	2 )	/	711.605
=	22.7965					/	711.605
=	0.03

Macau Legend Development's Inventory-to-Revenue for the quarter that ended in Dec. 2022 is calculated as

	Inventory-to-Revenue (Q: Dec. 2022 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Revenue (Q: Dec. 2022 )
=	( (22.866	+	21.304)	/	2 )	/	167.854
=	22.085					/	167.854
=	0.13

Macau Legend Development (HKSE:01680) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

Macau Legend Development's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	22.085	/	317.92	*	365 / 2
	=	12.68

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

Macau Legend Development's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2022 )	/	Average Total Inventories (Q: Dec. 2022 )
	=	317.92	/	22.085
	=	14.40

Macau Legend Development Inventory-to-Revenue Related Terms

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Macau Legend Development (HKSE:01680) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Macau Legend Development Ltd (HKSE:01680) » Definitions » Inventory-to-Revenue

Traded in Other Exchanges

MALDF:USA

Address

Avenida da Amizade e Avenida da, Palace Building, Macau Fisherman’s Wharf, Dr. Sun Yat Sen, Macau, MAC

Website

http://www.macaulegend.com

Macau Legend Development Ltd is an investment holdings company,It is engaged in the resorts and casinos industry. The business has two segments: Gaming and Non-Gaming. The Gaming segment is engaged in gaming-related services such as gaming tables and electronic gaming machines. The company's flagship resort and gaming center is The Landmark Macau, a hotel, casino, and luxury shopping center. The Non-Gaming segment is involved in hotel operations, such as food and beverage services and others. The company generates the vast majority of its revenue in Macau.

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