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XiangXing International Holding (HKSE:01732) Inventory-to-Revenue : 0.04 (As of Dec. 2023)


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What is XiangXing International Holding 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. XiangXing International Holding's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$4.5 Mil. XiangXing International Holding's Revenue for the six months ended in Dec. 2023 was HK$107.4 Mil. XiangXing International Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

XiangXing International Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.06) to Jun. 2023 (0.04)

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. XiangXing International Holding's Days Inventory for the six months ended in Dec. 2023 was 9.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. XiangXing International Holding's Inventory Turnover for the quarter that ended in Dec. 2023 was 19.61.


XiangXing International Holding Inventory-to-Revenue Historical Data

The historical data trend for XiangXing International Holding'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.

XiangXing International Holding Inventory-to-Revenue Chart

XiangXing International Holding 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 0.02 0.01 0.02 0.03

XiangXing International Holding Semi-Annual Data
Dec14 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 0.03 0.04 0.05 0.06 0.04

Competitive Comparison of XiangXing International Holding's Inventory-to-Revenue

For the Integrated Freight & Logistics subindustry, XiangXing International Holding'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.


XiangXing International Holding's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, XiangXing International Holding's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where XiangXing International Holding's Inventory-to-Revenue falls into.



XiangXing International Holding 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.

XiangXing International Holding'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 )
=( (5.007 + 4.646) / 2 ) / 192.019
=4.8265 / 192.019
=0.03

XiangXing International Holding'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 )
=( (4.338 + 4.646) / 2 ) / 107.386
=4.492 / 107.386
=0.04

* 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.


XiangXing International Holding  (HKSE:01732) 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.

XiangXing International Holding'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
=4.492/88.106*365 / 2
=9.30

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

XiangXing International Holding'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 )
=88.106 / 4.492
=19.61

* 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.


XiangXing International Holding Inventory-to-Revenue Related Terms

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XiangXing International Holding (HKSE:01732) Business Description

Traded in Other Exchanges
N/A
Address
No. 233 Jiangang Road, Xiamen Area (Bonded Port), China (Fujian) Pilot Free Trade Zone, Haicang District, Fujian Province, Xiamen City, CHN
XiangXing International Holding Ltd is an investment holding company. The operating segments of the group are Import and export agency services; Container and stone blocks road freight forwarding services; Intra-port ancillary services; Intra-port container transportation services; and Trading of building materials and automobile accessories. Geographically, the operations of the company are carried out in the PRC.

XiangXing International Holding (HKSE:01732) Headlines

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