What is Goldin Financial 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. Goldin Financial Holdings's Average Total Inventories for the quarter that ended in Jun. 2021 was HK$718.3 Mil. Goldin Financial Holdings's Revenue for the
six
months ended in Jun. 2021 was HK$198.0 Mil.
Goldin Financial Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 3.63.
Goldin Financial Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2021
declined
from Dec. 2020 (4.32) to Dec. 2020 (3.63)
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.
Goldin Financial Holdings's Days Inventory for the
six
months ended in Jun. 2021 was 9,043.31.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Goldin Financial Holdings's Inventory Turnover for the quarter that ended in Jun. 2021 was 0.02.
Goldin Financial 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.
Competitive Comparison of Goldin Financial Holdings's Inventory-to-Revenue
For the Beverages - Wineries & Distilleries subindustry, Goldin Financial 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.
Goldin Financial Holdings's Inventory-to-Revenue Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Goldin Financial Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Goldin Financial 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.
Goldin Financial Holdings's Inventory-to-Revenue for the fiscal year that ended in Jun. 2021 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.
Goldin Financial Holdings's Days Inventory for the
six
months ended in Jun. 2021 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.
Goldin Financial Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Goldin Financial Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Goldin Financial Holdings (HKSE:00530) Business Description
Goldin Financial Holdings Ltd is an investment holding company. The company's operating segment includes Property; Winery and wine related; Factoring and Financial investments. It generates maximum revenue from the Property segment. The Property segment engages in property development and investment. Its Factoring segment engages in the provision of factoring services. The Winery and wine related segment engage in the trading of wines, wine storage, and the operation of vineyards and restaurants. Its Financial investments segment engages in securities and derivative investment and trading and investment in financial instruments. Geographically, it derives a majority of revenue from Hong Kong.
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