What is Hon Hai Precision Industry 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. Hon Hai Precision Industry Co's Average Total Inventories for the quarter that ended in Mar. 2024 was NT$741,958 Mil. Hon Hai Precision Industry Co's Revenue for the
three
months ended in Mar. 2024 was NT$1,323,992 Mil.
Hon Hai Precision Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.56.
Hon Hai Precision Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.41) to Dec. 2023 (0.56)
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.
Hon Hai Precision Industry Co's Days Inventory for the
three
months ended in Mar. 2024 was 54.59.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Hon Hai Precision Industry Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.67.
Hon Hai Precision Industry Co 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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Hon Hai Precision Industry Co Inventory-to-Revenue Chart
Competitive Comparison of Hon Hai Precision Industry Co's Inventory-to-Revenue
For the Electronic Components subindustry, Hon Hai Precision Industry 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.
Hon Hai Precision Industry Co's Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Hon Hai Precision Industry Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Hon Hai Precision Industry Co's Inventory-to-Revenue falls into.
Hon Hai Precision Industry 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.
* 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.
Hon Hai Precision Industry Co (TPE:2317) 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.
Hon Hai Precision Industry Co's Days Inventory for the
three
months ended in Mar. 2024 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.
Hon Hai Precision Industry Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Hon Hai Precision Industry Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Hon Hai Precision Industry Co (TPE:2317) Business Description
Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products. It is the biggest supplier to Apple, whose business accounted for 55% of overall revenue in 2022. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, and metal casings for smartphones. These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet and FIH Mobile. In response to its traditional end markets of computers, smartphones, and telecom equipment maturing in 2019 it started on a strategy to develop expertise in three new growth areas—electric vehicles, digital health, and robotics.
Hon Hai Precision Industry Co (TPE:2317) Headlines
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