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Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Inventory-to-Revenue : 0.66 (As of Dec. 2023)


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What is Yue Yuen Industrial (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. Yue Yuen Industrial (Holdings)'s Average Total Inventories for the quarter that ended in Dec. 2023 was $1,247 Mil. Yue Yuen Industrial (Holdings)'s Revenue for the three months ended in Dec. 2023 was $1,904 Mil. Yue Yuen Industrial (Holdings)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.66.

Yue Yuen Industrial (Holdings)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.68) to Sep. 2023 (0.66)

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. Yue Yuen Industrial (Holdings)'s Days Inventory for the three months ended in Dec. 2023 was 81.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yue Yuen Industrial (Holdings)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 1.11.


Yue Yuen Industrial (Holdings) Inventory-to-Revenue Historical Data

The historical data trend for Yue Yuen Industrial (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.

* Premium members only.

Yue Yuen Industrial (Holdings) Inventory-to-Revenue Chart

Yue Yuen Industrial (Holdings) 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 0.18 0.20 0.21 0.21 0.18

Yue Yuen Industrial (Holdings) Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 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 0.81 0.81 - 0.68 0.66

Competitive Comparison of Yue Yuen Industrial (Holdings)'s Inventory-to-Revenue

For the Footwear & Accessories subindustry, Yue Yuen Industrial (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.


Yue Yuen Industrial (Holdings)'s Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yue Yuen Industrial (Holdings)'s Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Yue Yuen Industrial (Holdings)'s Inventory-to-Revenue falls into.



Yue Yuen Industrial (Holdings) 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.

Yue Yuen Industrial (Holdings)'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 )
=( (1625.117 + 1247.003) / 2 ) / 7890.168
=1436.06 / 7890.168
=0.18

Yue Yuen Industrial (Holdings)'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0 + 1247.003) / 1 ) / 1903.547
=1247.003 / 1903.547
=0.66

* 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.


Yue Yuen Industrial (Holdings)  (OTCPK:YUEIY) 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.

Yue Yuen Industrial (Holdings)'s Days Inventory for the three 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
=1247.003/1387.816*365 / 4
=81.99

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

Yue Yuen Industrial (Holdings)'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 )
=1387.816 / 1247.003
=1.11

* 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.


Yue Yuen Industrial (Holdings) Inventory-to-Revenue Related Terms

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Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Business Description

Traded in Other Exchanges
Address
108 Wai Yip Street, 22nd Floor, C-Bons International Center, Kwun Tong, Kowloon, Hong Kong, HKG
Yue Yuen Industrial (Holdings) Ltd is engaged in footwear businesses. The company operates in two reportable segments: Manufacturing Business and Retailing Business. Manufacturing Business contributes the majority of the revenue. Its products include athletic shoes, casual shoes, outdoor shoes, sports sandals, soles, components, and Apparel wholesale. The company operates in the United States, China, Europe, Asia, and Others.

Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Headlines

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