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HL Global Enterprises (SGX:AVX) Inventory-to-Revenue : 1.00 (As of Dec. 2023)


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What is HL Global Enterprises 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. HL Global Enterprises's Average Total Inventories for the quarter that ended in Dec. 2023 was S$3.18 Mil. HL Global Enterprises's Revenue for the six months ended in Dec. 2023 was S$3.20 Mil. HL Global Enterprises's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.00.

HL Global Enterprises's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (1.22) to Jun. 2023 (1.00)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HL Global Enterprises's Days Inventory for the six months ended in Dec. 2023 was 381.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. HL Global Enterprises's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.48.


HL Global Enterprises Inventory-to-Revenue Historical Data

The historical data trend for HL Global Enterprises'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.

HL Global Enterprises Inventory-to-Revenue Chart

HL Global Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.75 1.43 0.51 0.56

HL Global Enterprises Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.91 1.10 0.96 1.22 1.00

Competitive Comparison of HL Global Enterprises's Inventory-to-Revenue

For the Lodging subindustry, HL Global Enterprises'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.


HL Global Enterprises's Inventory-to-Revenue Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, HL Global Enterprises's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where HL Global Enterprises's Inventory-to-Revenue falls into.



HL Global Enterprises 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.

HL Global Enterprises'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 )
=( (3.349 + 3.179) / 2 ) / 5.869
=3.264 / 5.869
=0.56

HL Global Enterprises'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 )
=( (3.185 + 3.179) / 2 ) / 3.198
=3.182 / 3.198
=0.99

* 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.


HL Global Enterprises  (SGX:AVX) 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.

HL Global Enterprises'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
=3.182/1.522*365 / 2
=381.55

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

HL Global Enterprises'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 )
=1.522 / 3.182
=0.48

* 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.


HL Global Enterprises Inventory-to-Revenue Related Terms

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HL Global Enterprises (SGX:AVX) Business Description

Traded in Other Exchanges
N/A
Address
10 Anson Road, Number 19-08 International Plaza, Singapore, SGP, 079903
HL Global Enterprises Ltd operates and manages hotels and restaurants in Singapore, Malaysia, and China. It is also engaged in the development of properties for sale and rental, and property and development project management. It operates in three segments: Investment and others, which involves investment holding; Hospitality and restaurant which is engaged in operating and management of hotels and restaurants; and Property development which includes development of properties for sale and rental and property and development project management. The hospitality and restaurant segment generates maximum revenue for the company. The company operates in Singapore, the People's Republic of China and Malaysia.