What is Citychamp Watch & Jewellery Group 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. Citychamp Watch & Jewellery Group's Average Total Inventories for the quarter that ended in Dec. 2023 was $230.0 Mil. Citychamp Watch & Jewellery Group's Revenue for the
six
months ended in Dec. 2023 was $113.4 Mil.
Citychamp Watch & Jewellery Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.03.
Citychamp Watch & Jewellery Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (2.22) to Jun. 2023 (2.03)
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.
Citychamp Watch & Jewellery Group's Days Inventory for the
six
months ended in Dec. 2023 was 1,017.28.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Citychamp Watch & Jewellery Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.18.
Citychamp Watch & Jewellery Group 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.
* Premium members only.
Citychamp Watch & Jewellery Group Inventory-to-Revenue Chart
Competitive Comparison of Citychamp Watch & Jewellery Group's Inventory-to-Revenue
For the Luxury Goods subindustry, Citychamp Watch & Jewellery Group'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.
Citychamp Watch & Jewellery Group's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Citychamp Watch & Jewellery Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Citychamp Watch & Jewellery Group's Inventory-to-Revenue falls into.
Citychamp Watch & Jewellery Group 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.
Citychamp Watch & Jewellery Group (OTCPK:CEBTF) 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.
Citychamp Watch & Jewellery Group'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.
Citychamp Watch & Jewellery Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Citychamp Watch & Jewellery Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Citychamp Watch & Jewellery Group (Citychamp Watch & Jewellery Group) Business Description
Citychamp Watch & Jewellery Group Ltd is a Hong Kong-based investment holding company principally engaged in watches and timepieces product businesses. It has three reportable segments namely manufacture and distribution of watches and timepieces, property investments, and banking and financial businesses. The company possesses proprietary brands, highlighted by Rossini and EBOHR, which both manufacture and sell their own branded watches throughout China. It also possesses renowned global watch brands Corum, Eterna, Rotary, Dreyfuss & Co, and J&T Windmills among others. Watches and timepieces are the major sources of revenue for the company.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CEBTF has been successfully added to your 