Confidence Intelligence Holdings (HKSE:01967) Inventory-to-Revenue : 0.16 (As of Dec. 2023)

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What is Confidence Intelligence 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. Confidence Intelligence Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$22.3 Mil. Confidence Intelligence Holdings's Revenue for the six months ended in Dec. 2023 was HK$138.0 Mil. Confidence Intelligence Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.

Confidence Intelligence Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.15) to Jun. 2023 (0.16)

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. Confidence Intelligence Holdings's Days Inventory for the six months ended in Dec. 2023 was 30.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Confidence Intelligence Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.00.

Confidence Intelligence Holdings Inventory-to-Revenue Historical Data

The historical data trend for Confidence Intelligence 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.

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Confidence Intelligence Holdings Inventory-to-Revenue Chart

Confidence Intelligence Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.10

0.08

0.10

0.07

Confidence Intelligence Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial								0.22	0.20	0.14	0.15	0.16

Competitive Comparison of Confidence Intelligence Holdings's Inventory-to-Revenue

For the Electronic Components subindustry, Confidence Intelligence 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.

Confidence Intelligence Holdings's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Confidence Intelligence Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Confidence Intelligence Holdings's Inventory-to-Revenue falls into.

Confidence Intelligence Holdings Inventory-to-Revenue Calculation

Confidence Intelligence Holdings'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 )
=	( (19.926	+	19.674)	/	2 )	/	289.257
=	19.8					/	289.257
=	0.07

Confidence Intelligence Holdings'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 )
=	( (25.006	+	19.674)	/	2 )	/	138.046
=	22.34					/	138.046
=	0.16

Confidence Intelligence Holdings (HKSE:01967) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

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.

Confidence Intelligence Holdings'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
	=	22.34	/	133.959	*	365 / 2
	=	30.44

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

Confidence Intelligence Holdings'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 )
	=	133.959	/	22.34
	=	6.00

Confidence Intelligence Holdings Inventory-to-Revenue Related Terms

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Confidence Intelligence Holdings (HKSE:01967) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Confidence Intelligence Holdings Ltd (HKSE:01967) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fuyong Street, No. 7 Building, New Development Zone, Baoan District, Baishixia, Shenzhen, CHN

Website

http://www.szxinken.com/cn/

Confidence Intelligence Holdings Ltd is an electronic manufacturing services provider. It offers comprehensive assembling and production services of printed circuit board assembly in the PRC that integrate research and design, selection and procurement of raw materials, assembling of PCBAs, quality control, testing, logistics and aftersales services. The operating segments of the company comprises of Provision of EMS and Provision of Financial Application Platform and Platform Maintenance Services.

Executives

Yuan Shuntang	2201 Interest of corporation controlled by you
Central Wealth Limited	2101 Beneficial owner
Zhang Juan	2202 Interest of your spouse
Regan International Growth Fund Spc	2101 Beneficial owner
Regan Fund Management Company Limited	2102 Investment manager
Li Hao	2201 Interest of corporation controlled by you
Skyflying Company Limited	2101 Beneficial owner
Chen Juan	2202 Interest of your spouse
Realtime Limited	2101 Beneficial owner
Zhang Bizhong	2201 Interest of corporation controlled by you

Confidence Intelligence Holdings (HKSE:01967) Headlines

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