China Unicom (Hong Kong) (China Unicom (Hong Kong)) Inventory-to-Revenue : 0.02 (As of Dec. 2023)

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What is China Unicom (Hong Kong) 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. China Unicom (Hong Kong)'s Average Total Inventories for the quarter that ended in Dec. 2023 was $310 Mil. China Unicom (Hong Kong)'s Revenue for the three months ended in Dec. 2023 was $12,731 Mil. China Unicom (Hong Kong)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

China Unicom (Hong Kong)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.04) to Sep. 2023 (0.02)

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. China Unicom (Hong Kong)'s Days Inventory for the three months ended in Dec. 2023 was 7.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Unicom (Hong Kong)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 12.00.

China Unicom (Hong Kong) Inventory-to-Revenue Historical Data

The historical data trend for China Unicom (Hong Kong)'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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China Unicom (Hong Kong) Inventory-to-Revenue Chart

China Unicom (Hong Kong) Annual Data

Trend

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Dec23

Inventory-to-Revenue

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0.01

China Unicom (Hong Kong) Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Inventory-to-Revenue	Get a 7-Day Free Trial															0.02	-	0.04	0.02	0.02

Competitive Comparison of China Unicom (Hong Kong)'s Inventory-to-Revenue

For the Telecom Services subindustry, China Unicom (Hong Kong)'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.

China Unicom (Hong Kong)'s Inventory-to-Revenue Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Unicom (Hong Kong)'s Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where China Unicom (Hong Kong)'s Inventory-to-Revenue falls into.

China Unicom (Hong Kong) Inventory-to-Revenue Calculation

China Unicom (Hong Kong)'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 )
=	( (269.949	+	310.496)	/	2 )	/	52182.992
=	290.2225					/	52182.992
=	0.01

China Unicom (Hong Kong)'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (0	+	310.496)	/	1 )	/	12731.296
=	310.496					/	12731.296
=	0.02

China Unicom (Hong Kong) (NYSE:CHU) 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:

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

China Unicom (Hong Kong)'s Days Inventory for the three 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
	=	310.496	/	3724.826	*	365 / 4
	=	7.61

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

China Unicom (Hong Kong)'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 )
	=	3724.826	/	310.496
	=	12.00

China Unicom (Hong Kong) Inventory-to-Revenue Related Terms

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China Unicom (Hong Kong) (China Unicom (Hong Kong)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Unicom (Hong Kong) Ltd (NYSE:CHU) » Definitions » Inventory-to-Revenue

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Traded in Other Exchanges

00762:Hong Kong XCI:Germany

Address

99 Queen's Road, 75th Floor, The Center, Central, Hong Kong, HKG

Website

https://www.chinaunicom.com.hk

China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As at June 2023, it had 328 million billing wireless customers and around 108 million broadband subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China and its Cloud Service revenue is also showing very strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.