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Hunan Friendship & Apollo Commercial Co (SZSE:002277) Inventory-to-Revenue : 7.57 (As of Mar. 2024)


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What is Hunan Friendship & Apollo Commercial 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. Hunan Friendship & Apollo Commercial Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥2,556 Mil. Hunan Friendship & Apollo Commercial Co's Revenue for the three months ended in Mar. 2024 was ¥338 Mil. Hunan Friendship & Apollo Commercial Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 7.57.

Hunan Friendship & Apollo Commercial Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (7.81) to Dec. 2023 (7.57)

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. Hunan Friendship & Apollo Commercial Co's Days Inventory for the three months ended in Mar. 2024 was 1,987.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hunan Friendship & Apollo Commercial Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.05.


Hunan Friendship & Apollo Commercial Co Inventory-to-Revenue Historical Data

The historical data trend for Hunan Friendship & Apollo Commercial 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.

Hunan Friendship & Apollo Commercial Co Inventory-to-Revenue Chart

Hunan Friendship & Apollo Commercial Co 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 0.46 1.28 1.18 1.56 1.91

Hunan Friendship & Apollo Commercial Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.94 7.77 8.15 7.81 7.57

Competitive Comparison of Hunan Friendship & Apollo Commercial Co's Inventory-to-Revenue

For the Department Stores subindustry, Hunan Friendship & Apollo Commercial 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.


Hunan Friendship & Apollo Commercial Co's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hunan Friendship & Apollo Commercial Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Hunan Friendship & Apollo Commercial Co's Inventory-to-Revenue falls into.



Hunan Friendship & Apollo Commercial 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.

Hunan Friendship & Apollo Commercial 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 )
=( (2581.359 + 2551.313) / 2 ) / 1342.452
=2566.336 / 1342.452
=1.91

Hunan Friendship & Apollo Commercial Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (2551.313 + 2560.133) / 2 ) / 337.509
=2555.723 / 337.509
=7.57

* 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.


Hunan Friendship & Apollo Commercial Co  (SZSE:002277) 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.

Hunan Friendship & Apollo Commercial Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=2555.723/117.359*365 / 4
=1,987.15

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

Hunan Friendship & Apollo Commercial Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=117.359 / 2555.723
=0.05

* 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.


Hunan Friendship & Apollo Commercial Co Inventory-to-Revenue Related Terms

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Hunan Friendship & Apollo Commercial Co (SZSE:002277) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Bayi Road Furong District, Changsha, Hunan, CHN, 410001
Hunan Friendship & Apollo Commercial Co Ltd operates as department stores, discount stores, shopping centers, specialty stores, and online shopping platforms.
Executives
Xu Hui Ming Director
Liu Yi Man Director
Deng Zhong Hua Independent director
Yang Juan Securities Affairs Representative
Chen Jing Supervisors
Cao Guang Rong Director
Yang Qi Zhong Supervisors

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