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Chosun Refractories Co spin off (XKRX:462520) Inventory-to-Revenue : 0.73 (As of Sep. 2023)


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What is Chosun Refractories Co spin off 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. Chosun Refractories Co spin off's Average Total Inventories for the quarter that ended in Sep. 2023 was ₩89,294 Mil. Chosun Refractories Co spin off's Revenue for the six months ended in Sep. 2023 was ₩123,208 Mil. Chosun Refractories Co spin off's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.73.

Chosun Refractories Co spin off's Inventory-to-Revenue for the quarter that ended in Sep. 2023 increased from . 20 (0.00) to . 20 (0.73)

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. Chosun Refractories Co spin off's Days Inventory for the six months ended in Sep. 2023 was 156.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chosun Refractories Co spin off's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.16.


Chosun Refractories Co spin off Inventory-to-Revenue Historical Data

The historical data trend for Chosun Refractories Co spin off'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.

Chosun Refractories Co spin off Inventory-to-Revenue Chart

Chosun Refractories Co spin off Annual Data
Trend Dec23
Inventory-to-Revenue
0.31

Chosun Refractories Co spin off Semi-Annual Data
Sep23
Inventory-to-Revenue 0.73

Competitive Comparison of Chosun Refractories Co spin off's Inventory-to-Revenue

For the Building Materials subindustry, Chosun Refractories Co spin off'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.


Chosun Refractories Co spin off's Inventory-to-Revenue Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Chosun Refractories Co spin off's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Chosun Refractories Co spin off's Inventory-to-Revenue falls into.



Chosun Refractories Co spin off 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.

Chosun Refractories Co spin off'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: . 20 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( ( + 87108.824) / 1 ) / 279366.908
=87108.824 / 279366.908
=0.31

Chosun Refractories Co spin off's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: . 20 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( ( + 89293.827) / 1 ) / 123207.715
=89293.827 / 123207.715
=0.72

* 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.


Chosun Refractories Co spin off  (XKRX:462520) 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.

Chosun Refractories Co spin off's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=89293.827/103939.272*365 / 2
=156.79

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

Chosun Refractories Co spin off's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=103939.272 / 89293.827
=1.16

* 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.


Chosun Refractories Co spin off Inventory-to-Revenue Related Terms

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Chosun Refractories Co spin off (XKRX:462520) Business Description

Traded in Other Exchanges
N/A
Address
55 Saneop-ro, Jeollanam-do, Taein-dong, Gwangyang-si, KOR
Chosun Refractories Co Ltd spin off manufactures general-purpose products and high-functionality products (refractories for continuous casting, special refractories) based on domestic production facilities. Its product offerings comprise Shaped and unshaped refractories, Special alumina bricks, high alumina bricks, casting blocks, castable refractories, metal plating/ shaft alleys for the mortar production refractories industry, technical service for the refractories industry, and manufacturing of industrial furnaces.

Chosun Refractories Co spin off (XKRX:462520) Headlines

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