What is LOTTE Fine Chemical 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. LOTTE Fine Chemical Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩294,253 Mil. LOTTE Fine Chemical Co's Revenue for the
three
months ended in Mar. 2024 was ₩399,444 Mil.
LOTTE Fine Chemical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.74.
LOTTE Fine Chemical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.69) to Dec. 2023 (0.74)
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.
LOTTE Fine Chemical Co's Days Inventory for the
three
months ended in Mar. 2024 was 75.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
LOTTE Fine Chemical Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.22.
LOTTE Fine Chemical Co Inventory-to-Revenue Historical Data
The historical data trend for LOTTE Fine Chemical 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 LOTTE Fine Chemical Co's Inventory-to-Revenue
For the Chemicals subindustry, LOTTE Fine Chemical 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.
LOTTE Fine Chemical Co's Inventory-to-Revenue Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, LOTTE Fine Chemical Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where LOTTE Fine Chemical Co's Inventory-to-Revenue falls into.
LOTTE Fine Chemical 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.
LOTTE Fine Chemical 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.
LOTTE Fine Chemical Co (XKRX:004000) 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.
LOTTE Fine Chemical 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.
LOTTE Fine Chemical Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of LOTTE Fine Chemical Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
LOTTE Fine Chemical Co (XKRX:004000) Business Description
LOTTE Fine Chemical Co Ltd manufactures and sells a variety of chemicals, and chemical-based products. The firm organizes itself into three segments based on product type. The chlorine/cellulose segment, which generates the majority of revenue, sells cellulose and caustic soda used to make products for the construction, cement, ceramics, paint, detergent, and personal care industries. The electronic materials segment sells toner for color laser printers, liquid crystal display materials, and lithium nickel cobalt manganese oxide, used in rechargeable batteries. The ammonia segment's products are used in the production of fertilizer, textiles, and pharmaceuticals. The majority of sales come from Asia.
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