What is Prosperous Industrial (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. Prosperous Industrial (Holdings)'s Average Total Inventories for the quarter that ended in Dec. 2023 was HK$240 Mil. Prosperous Industrial (Holdings)'s Revenue for the
six
months ended in Dec. 2023 was HK$725 Mil.
Prosperous Industrial (Holdings)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.
Prosperous Industrial (Holdings)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Jun. 2023 (0.29) to Jun. 2023 (0.33)
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.
Prosperous Industrial (Holdings)'s Days Inventory for the
six
months ended in Dec. 2023 was 77.79.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Prosperous Industrial (Holdings)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 2.35.
Prosperous Industrial (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 Prosperous Industrial (Holdings)'s Inventory-to-Revenue
For the Footwear & Accessories subindustry, Prosperous Industrial (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.
Prosperous Industrial (Holdings)'s Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Prosperous Industrial (Holdings)'s Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Prosperous Industrial (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.
* 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.
Prosperous Industrial (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.
Prosperous Industrial (Holdings) Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Prosperous Industrial (Holdings)'s Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Prosperous Industrial (Holdings) (HKSE:01731) Business Description
Prosperous Industrial (Holdings) Ltd is an investment holding company principally engaged in the manufacturing and sale of sports bags, handbags and luggage bags. The company's products are categorized as outdoor and sporting bags including day packs and overnight backpacks, which are designed with larger volumes; functional bags such as camera backpacks with multiple pockets and waterproof hydration backpacks; fashion and casual bags, as well as other bags and packs. The company mainly operates its products to North America, Asia, and Europe market.
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