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. Korean Air Lines Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩858,536 Mil. Korean Air Lines Co's Revenue for the
three
months ended in Mar. 2024 was ₩4,291,445 Mil.
Korean Air Lines Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.20.
Korean Air Lines Co's Inventory-to-Revenue for the quarter that ended in Mar. 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.
Korean Air Lines Co's Days Inventory for the
three
months ended in Mar. 2024 was 23.31.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Korean Air Lines Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.91.
Korean Air Lines Co Inventory-to-Revenue Historical Data
The historical data trend for Korean Air Lines 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.
Competitive Comparison of Korean Air Lines Co's Inventory-to-Revenue
For the Airlines subindustry, Korean Air Lines 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.
Korean Air Lines Co's Inventory-to-Revenue Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Korean Air Lines Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Korean Air Lines Co's Inventory-to-Revenue falls into.
Korean Air Lines 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.
Korean Air Lines Co'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.
Korean Air Lines Co (XKRX:003490) 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.
Korean Air Lines 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.
Korean Air Lines Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Korean Air Lines Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Korean Air Lines Co (XKRX:003490) Business Description
Korean Air Lines Co Ltd is an airline operator with a global reach. The company has four operating segments: Air transport (majority of total revenues), Aerospace (maintenance and repairs), In-flight meals, and Hotel/limousine and others. Passenger tickets can be bought on the company's website or at the airport counter. Multiple options related to passenger class or cabin experience, baggage fees, and other services are offered to customers. Revenues derived from Republic of Korea account for approximately one-fourth of total revenues, with the remainder coming from international operations. The company has created an alliance with global carriers to help connect flights, and give passengers better options to travel.
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