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. Fuxing China Group's Average Total Inventories for the quarter that ended in Jun. 2024 was €8.71 Mil. Fuxing China Group's Revenue for the
six
months ended in Jun. 2024 was €43.41 Mil.
Fuxing China Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.20.
Fuxing China Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024
increased
from Dec. 2023 (0.19) to Dec. 2023 (0.20)
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.
Fuxing China Group's Days Inventory for the
six
months ended in Jun. 2024 was 38.86.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Fuxing China Group's Inventory Turnover for the quarter that ended in Jun. 2024 was 4.70.
Fuxing China Group Inventory-to-Revenue Historical Data
The historical data trend for Fuxing China Group'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.
Competitive Comparison of Fuxing China Group's Inventory-to-Revenue
For the Apparel Manufacturing subindustry, Fuxing China Group'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.
Fuxing China Group's Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fuxing China Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Fuxing China Group's Inventory-to-Revenue falls into.
Fuxing China Group 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.
Fuxing China Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 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.
Fuxing China Group (FRA:3FU1) 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.
Fuxing China Group's Days Inventory for the
six
months ended in Jun. 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.
Fuxing China Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Fuxing China Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Fuxing China Group Ltd is an investment holding company. The company has four reportable operating segments: Zippers, Processing, Trading, and Corporate. The zipper segment is further subdivided into Zipper Chains and Zipper Sliders. The processing segment includes color dyeing of fabric tapes for zippers, electroplating services for zipper sliders, and manufacturing and sales of dyed yarn. The Trading segment represents the trading of raw materials, including rubber thread, nylon fabric, and nylon yarn. The corporate segment is involved in Group-level corporate services and treasury functions. Its geographical segments are China and Hong Kong, of which China accounts for the majority of its revenue.
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