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China Tobacco International (HK) Co (HKSE:06055) Inventory-to-Revenue : 0.67 (As of Dec. 2023)


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What is China Tobacco International (HK) Co 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. China Tobacco International (HK) Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$2,731 Mil. China Tobacco International (HK) Co's Revenue for the six months ended in Dec. 2023 was HK$4,092 Mil. China Tobacco International (HK) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.67.

China Tobacco International (HK) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.32) to Jun. 2023 (0.67)

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. China Tobacco International (HK) Co's Days Inventory for the six months ended in Dec. 2023 was 132.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Tobacco International (HK) Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.37.


China Tobacco International (HK) Co Inventory-to-Revenue Historical Data

The historical data trend for China Tobacco International (HK) Co'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.

China Tobacco International (HK) Co Inventory-to-Revenue Chart

China Tobacco International (HK) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.07 0.26 0.18 0.23 0.23

China Tobacco International (HK) Co Semi-Annual Data
Dec16 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 0.17 0.49 0.56 0.32 0.67

Competitive Comparison of China Tobacco International (HK) Co's Inventory-to-Revenue

For the Tobacco subindustry, China Tobacco International (HK) Co'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.


China Tobacco International (HK) Co's Inventory-to-Revenue Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, China Tobacco International (HK) Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where China Tobacco International (HK) Co's Inventory-to-Revenue falls into.



China Tobacco International (HK) Co 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.

China Tobacco International (HK) Co'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 )
=( (2509.288 + 2973.65) / 2 ) / 11836.221
=2741.469 / 11836.221
=0.23

China Tobacco International (HK) Co'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 )
=( (2487.587 + 2973.65) / 2 ) / 4092.222
=2730.6185 / 4092.222
=0.67

* 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.


China Tobacco International (HK) Co  (HKSE:06055) 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.

China Tobacco International (HK) Co'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
=2730.6185/3749.243*365 / 2
=132.92

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

China Tobacco International (HK) Co'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 )
=3749.243 / 2730.6185
=1.37

* 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.


China Tobacco International (HK) Co Inventory-to-Revenue Related Terms

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China Tobacco International (HK) Co (HKSE:06055) Business Description

Traded in Other Exchanges
N/A
Address
18 Hung Leun Road, China Life Center, Room 1002, 10th Floor, Tower A, One Harbour Gate, Hung Hom, Kowloon, Hong Kong, HKG
China Tobacco International (HK) Co Ltd is engaged in the tobacco business. It operates through the following segments: Tobacco Leaf Products Export Business, the Tobacco Leaf Product Import Business, the Cigarettes Export Business, and New Tobacco Product Export Business. The company's geographical segments are China (excluding the SARs), Indonesia, Hong Kong, Philippines, Vietnam, Singapore, Thailand, and others.
Executives
China National Tobacco Corporation 2201 Interest of corporation controlled by you
Tian Li International Company Limited 2101 Beneficial owner

China Tobacco International (HK) Co (HKSE:06055) Headlines

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