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. Golik Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$718 Mil. Golik Holdings's Revenue for the
six
months ended in Dec. 2023 was HK$2,185 Mil.
Golik Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.
Golik Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Jun. 2023 (0.42) to Jun. 2023 (0.33)
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.
Golik Holdings's Days Inventory for the
six
months ended in Dec. 2023 was 71.13.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Golik Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.57.
Golik Holdings Inventory-to-Revenue Historical Data
The historical data trend for Golik Holdings'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.
Competitive Comparison of Golik Holdings's Inventory-to-Revenue
For the Steel subindustry, Golik 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.
Golik Holdings's Inventory-to-Revenue Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Golik Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Golik Holdings's Inventory-to-Revenue falls into.
Golik 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.
Golik Holdings's Inventory-to-Revenue for the fiscal year that 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.
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.
Golik 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.
Golik Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Golik Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Golik Holdings Ltd is involved in the manufacturing, processing, and distribution of steel, metal products, and building construction materials. The operating segments of the group are Metal products and Building Construction Materials. It offers Steel coil processing, steel wires and wire rope products, Concrete products, Construction steel products and processing, and other construction products and Printing materials. The group has a business presence in Hong Kong, Mainland China, Macau, and other countries, of which key revenue is derived from Hong Kong.
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