GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Neo-Concept International Group Holdings Ltd (NAS:NCI) » Definitions » Inventory-to-Revenue

Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Inventory-to-Revenue : 0.04 (As of Dec. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Neo-Concept International Group 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. Neo-Concept International Group Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.51 Mil. Neo-Concept International Group Holdings's Revenue for the six months ended in Dec. 2023 was $12.33 Mil. Neo-Concept International Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

Neo-Concept International Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.03) to Jun. 2023 (0.04)

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. Neo-Concept International Group Holdings's Days Inventory for the six months ended in Dec. 2023 was 9.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Neo-Concept International Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 18.37.


Neo-Concept International Group Holdings Inventory-to-Revenue Historical Data

The historical data trend for Neo-Concept International Group 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.

Neo-Concept International Group Holdings Inventory-to-Revenue Chart

Neo-Concept International Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.01 - - 0.02

Neo-Concept International Group Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial - - 0.01 0.03 0.04

Competitive Comparison of Neo-Concept International Group Holdings's Inventory-to-Revenue

For the Apparel Manufacturing subindustry, Neo-Concept International Group 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.


Neo-Concept International Group Holdings's Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Neo-Concept International Group Holdings's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Neo-Concept International Group Holdings's Inventory-to-Revenue falls into.



Neo-Concept International Group 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.

Neo-Concept International Group 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 )
=( (0.167 + 0.681) / 2 ) / 22.306
=0.424 / 22.306
=0.02

Neo-Concept International Group 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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0.342 + 0.681) / 2 ) / 12.329
=0.5115 / 12.329
=0.04

* 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.


Neo-Concept International Group Holdings  (NAS:NCI) 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.

Neo-Concept International Group Holdings'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
=0.5115/9.398*365 / 2
=9.93

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

Neo-Concept International Group 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 )
=9.398 / 0.5115
=18.37

* 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.


Neo-Concept International Group Holdings Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Neo-Concept International Group Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
10th floor, Seaview Centre, No.139-141 Hoi Bun Road, Kwun Tong, Kowloon, HKG
Neo-Concept International Group Holdings Ltd is a company whose a one-stop apparel solution services provider. They offer a full suite of services in the apparel supply chain, including market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management serving customers located in the European, and North American markets through Neo-Concept HK.

Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Headlines