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A8 New Media Group (HKSE:00800) Inventory-to-Revenue : 0.02 (As of Dec. 2023)


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What is A8 New Media 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. A8 New Media Group's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$0.55 Mil. A8 New Media Group's Revenue for the six months ended in Dec. 2023 was HK$33.99 Mil. A8 New Media Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

A8 New Media Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.01) to Jun. 2023 (0.02)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. A8 New Media Group's Days Inventory for the six months ended in Dec. 2023 was 10.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. A8 New Media Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 18.10.


A8 New Media Group Inventory-to-Revenue Historical Data

The historical data trend for A8 New Media Group'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.

* Premium members only.

A8 New Media Group Inventory-to-Revenue Chart

A8 New Media Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.04 0.01 0.01 0.01

A8 New Media Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.01 0.02

Competitive Comparison of A8 New Media Group's Inventory-to-Revenue

For the Conglomerates subindustry, A8 New Media 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.


A8 New Media Group's Inventory-to-Revenue Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, A8 New Media Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where A8 New Media Group's Inventory-to-Revenue falls into.



A8 New Media 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.

A8 New Media Group'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 )
=( (0.562 + 0.547) / 2 ) / 75.009
=0.5545 / 75.009
=0.01

A8 New Media Group'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0.547 + 0.547) / 2 ) / 33.987
=0.547 / 33.987
=0.02

* 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.


A8 New Media Group  (HKSE:00800) 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.

A8 New Media Group's Days Inventory for the six 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
=0.547/9.898*365 / 2
=10.09

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

A8 New Media Group'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 )
=9.898 / 0.547
=18.10

* 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.


A8 New Media Group Inventory-to-Revenue Related Terms

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A8 New Media Group (HKSE:00800) Business Description

Traded in Other Exchanges
N/A
Address
No. 1002 Keyuan Road, 25th Floor, A8 Music Building, Hi-tech Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518054
A8 New Media Group Ltd is an investment holding company. It is organized into business units based on their services and has two reportable operating segments as follows: the cultural business segment engages in the provision of music-based entertainment, film and television production and game-related services in the People's Republic of China, and the Property Investment segment invests in properties for rental and management fee income in the People's Republic of China. Majority of the revenue derives from Property Investment segment.
Executives
Liu Xiaosong 2101 Beneficial owner
Hsbc International Trustee Limited 2301 Trustee
Prime Century Technology Limited 2101 Beneficial owner
Ever Novel Holdings Limited 2101 Beneficial owner

A8 New Media Group (HKSE:00800) Headlines

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