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W-Scope Chungju Plant Co (XKRX:393890) Inventory-to-Revenue : 0.59 (As of Mar. 2024)


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What is W-Scope Chungju Plant 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. W-Scope Chungju Plant Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩71,712 Mil. W-Scope Chungju Plant Co's Revenue for the three months ended in Mar. 2024 was ₩122,406 Mil. W-Scope Chungju Plant Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.59.

W-Scope Chungju Plant Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.78) to Dec. 2023 (0.59)

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. W-Scope Chungju Plant Co's Days Inventory for the three months ended in Mar. 2024 was 55.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. W-Scope Chungju Plant Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.64.


W-Scope Chungju Plant Co Inventory-to-Revenue Historical Data

The historical data trend for W-Scope Chungju Plant 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.

* Premium members only.

W-Scope Chungju Plant Co Inventory-to-Revenue Chart

W-Scope Chungju Plant Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.39 0.12 0.10 0.15 0.21

W-Scope Chungju Plant Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.63 0.92 0.78 0.59

Competitive Comparison of W-Scope Chungju Plant Co's Inventory-to-Revenue

For the Electrical Equipment & Parts subindustry, W-Scope Chungju Plant 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.


W-Scope Chungju Plant Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, W-Scope Chungju Plant Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where W-Scope Chungju Plant Co's Inventory-to-Revenue falls into.



W-Scope Chungju Plant 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.

W-Scope Chungju Plant Co'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 )
=( (50774.887 + 76796.249) / 2 ) / 304986.337
=63785.568 / 304986.337
=0.21

W-Scope Chungju Plant Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (76796.249 + 66627.183) / 2 ) / 122406.361
=71711.716 / 122406.361
=0.59

* 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.


W-Scope Chungju Plant Co  (XKRX:393890) 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.

W-Scope Chungju Plant Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=71711.716/117528.957*365 / 4
=55.68

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

W-Scope Chungju Plant Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=117528.957 / 71711.716
=1.64

* 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.


W-Scope Chungju Plant Co Inventory-to-Revenue Related Terms

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W-Scope Chungju Plant Co (XKRX:393890) Business Description

Traded in Other Exchanges
N/A
Address
Shinagawa-ku, Tokyo, JPN
Website
W-Scope Chungju Plant Co Ltd is engaged in the business of battery parts and materials for automobiles and energy storage.

W-Scope Chungju Plant Co (XKRX:393890) Headlines

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