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. Workforce Holdings's Average Total Inventories for the quarter that ended in Jun. 2024 was R2 Mil. Workforce Holdings's Revenue for the
six
months ended in Jun. 2024 was R2,356 Mil.
Workforce Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.
Workforce Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024
declined
from Dec. 2023 (0.00) to Dec. 2023 (0.00)
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.
Workforce Holdings's Days Inventory for the
six
months ended in Jun. 2024 was 0.22.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Workforce Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 844.05.
Workforce Holdings Inventory-to-Revenue Historical Data
The historical data trend for Workforce 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.
Competitive Comparison of Workforce Holdings's Inventory-to-Revenue
For the Staffing & Employment Services subindustry, Workforce 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.
Workforce Holdings's Inventory-to-Revenue Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Workforce Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Workforce Holdings's Inventory-to-Revenue falls into.
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.
Workforce Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
Workforce Holdings's Days Inventory for the
six
months ended in Jun. 2024 is calculated as:
* 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.
Workforce Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Workforce Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Workforce Holdings Ltd is an investment holding company. It has structured its operations into the following business segments: the Staffing and outsourcing segment comprises the provision of staff and labor outsourcing solutions; the Training and education segment provides industry and job-specific skills assessments; the Healthcare segment comprises recruitment and placement of medical professionals for hospitals and other healthcare-related business; Financial services segment comprises death and disability cover, funeral cover, hospital cover, day-to-day medical insurance, and financial and mobile products and services. The majority of its revenue comes from the Staffing and outsourcing segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
JSE:WKF has been successfully added to your 