What is Byte Metaverse 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. Byte Metaverse Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$10.2 Mil. Byte Metaverse Holdings's Revenue for the
three
months ended in Dec. 2023 was HK$25.6 Mil.
Byte Metaverse Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.40.
Byte Metaverse Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.32) to Sep. 2023 (0.40)
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.
Byte Metaverse Holdings's Days Inventory for the
three
months ended in Dec. 2023 was 42.74.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Byte Metaverse Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.14.
Byte Metaverse Holdings Inventory-to-Revenue Historical Data
The historical data trend for Byte Metaverse 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 Byte Metaverse Holdings's Inventory-to-Revenue
For the Information Technology Services subindustry, Byte Metaverse 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.
Byte Metaverse Holdings's Inventory-to-Revenue Distribution in the Software Industry
For the Software industry and Technology sector, Byte Metaverse Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Byte Metaverse 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.
Byte Metaverse Holdings's Inventory-to-Revenue for the fiscal year that 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.
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.
Byte Metaverse Holdings's Days Inventory for the
three
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.
Byte Metaverse Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Byte Metaverse Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Byte Metaverse Holdings (HKSE:08645) Business Description
Michong Metaverse (China) Holdings Group Ltd is an investment holding company. The company is engaged in network support services which mainly encompass network infrastructure design and hardware installation, network management and security services; network connectivity services that focus on providing intranet and internet connectivity solutions and value-added services; and E-Commerce.
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