What is Smoore International Holdings 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. Smoore International Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $106.97 Mil. Smoore International Holdings's Revenue for the
six
months ended in Dec. 2023 was $846.69 Mil.
Smoore International Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.13.
Smoore International Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.16) to Jun. 2023 (0.13)
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.
Smoore International Holdings's Days Inventory for the
six
months ended in Dec. 2023 was 39.08.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Smoore International Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.67.
Smoore International Holdings Inventory-to-Revenue Historical Data
* 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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Smoore International Holdings Inventory-to-Revenue Chart
Competitive Comparison of Smoore International Holdings's Inventory-to-Revenue
For the Tobacco subindustry, Smoore International 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.
Smoore International Holdings's Inventory-to-Revenue Distribution in the Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Smoore International Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Smoore International Holdings's Inventory-to-Revenue falls into.
Smoore International Holdings 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.
* 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.
Smoore International Holdings (OTCPK:SMHRY) 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.
Smoore International Holdings's Days Inventory for the
six
months 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.
Smoore International Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Smoore International Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Smoore International Holdings (Smoore International Holdings) Business Description
Smoore International Holdings Ltd offers vaping technology solutions, including manufacturing vaping devices and vaping components for Heat-not-burn products. It operates in three segments namely research, design and manufacturing of closed-system vaping devices and vaping components for tobacco companies and independent vaping companies, and research, design, manufacturing, and sale of self-branded open-system vaping devices, or APV, for retail clients and new business such as atomization in medical treatment to provide patients with inhalation drug delivery products on a basis of atomization technology. The company generates maximum revenue from Vaping devices and components, other than APV.
Smoore International Holdings (Smoore International Holdings) Headlines
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