What is Howkingtech International Holding 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. Howkingtech International Holding's Average Total Inventories for the quarter that ended in Jun. 2023 was HK$4.9 Mil. Howkingtech International Holding's Revenue for the
six
months ended in Jun. 2023 was HK$193.3 Mil.
Howkingtech International Holding's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.03.
Howkingtech International Holding's Inventory-to-Revenue for the quarter that ended in Jun. 2023
increased
from Dec. 2022 (0.02) to Dec. 2022 (0.03)
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.
Howkingtech International Holding's Days Inventory for the
six
months ended in Jun. 2023 was 5.41.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Howkingtech International Holding's Inventory Turnover for the quarter that ended in Jun. 2023 was 33.72.
Howkingtech International Holding 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.
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Howkingtech International Holding Inventory-to-Revenue Chart
Howkingtech International Holding Annual Data
Trend
Dec19
Dec20
Dec21
Dec22
Dec23
Inventory-to-Revenue
0.03
0.02
0.01
0.01
0.01
Howkingtech International Holding Semi-Annual Data
Competitive Comparison of Howkingtech International Holding's Inventory-to-Revenue
For the Telecom Services subindustry, Howkingtech International Holding'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.
Howkingtech International Holding's Inventory-to-Revenue Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Howkingtech International Holding's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Howkingtech International Holding's Inventory-to-Revenue falls into.
Howkingtech International Holding 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.
* 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.
Howkingtech International Holding (HKSE:02440) 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.
Howkingtech International Holding's Days Inventory for the
six
months ended in Jun. 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.
Howkingtech International Holding Inventory-to-Revenue Related Terms
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Howkingtech International Holding (HKSE:02440) Business Description
Howkingtech International Holding Ltd is a provider for data transmission and processing services for IoT applications and telecommunication equipment in China, serving a broad range of industrial customers. It mainly provides customized data transmission and processing services to customers in manufacturing, municipal services and other industries in China, and research, develop and sell telecommunication equipment.
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