GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Hanchang Paper Co Ltd (XKRX:009460) » Definitions » Inventory-to-Revenue

Hanchang Paper Co (XKRX:009460) Inventory-to-Revenue : 0.55 (As of Mar. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Hanchang Paper 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. Hanchang Paper Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩40,394 Mil. Hanchang Paper Co's Revenue for the three months ended in Mar. 2024 was ₩73,940 Mil. Hanchang Paper Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.55.

Hanchang Paper Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.58) to Dec. 2023 (0.55)

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. Hanchang Paper Co's Days Inventory for the three months ended in Mar. 2024 was 57.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hanchang Paper Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.60.


Hanchang Paper Co Inventory-to-Revenue Historical Data

The historical data trend for Hanchang Paper 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.

Hanchang Paper Co Inventory-to-Revenue Chart

Hanchang Paper Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.17 0.17 0.19 0.17

Hanchang Paper Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.61 0.62 0.58 0.55

Competitive Comparison of Hanchang Paper Co's Inventory-to-Revenue

For the Paper & Paper Products subindustry, Hanchang Paper 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.


Hanchang Paper Co's Inventory-to-Revenue Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Hanchang Paper Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Hanchang Paper Co's Inventory-to-Revenue falls into.



Hanchang Paper 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.

Hanchang Paper 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 )
=( (48589.234 + 42644.217) / 2 ) / 276033.576
=45616.7255 / 276033.576
=0.17

Hanchang Paper 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 )
=( (42644.217 + 38143.769) / 2 ) / 73940.136
=40393.993 / 73940.136
=0.55

* 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.


Hanchang Paper Co  (XKRX:009460) 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.

Hanchang Paper 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
=40393.993/64490.891*365 / 4
=57.15

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

Hanchang Paper 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 )
=64490.891 / 40393.993
=1.60

* 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.


Hanchang Paper Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Hanchang Paper Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Hanchang Paper Co (XKRX:009460) Business Description

Traded in Other Exchanges
N/A
Address
270 Yong Dang-Ri, Ungsang-Eup, Yangsan, KOR, 626-290
Hanchang Paper Co Ltd is involved in developing, manufacturing, and selling bio-degradable bio-mass materials/products in South Korea. It offers art boards under the I PAPERS brand; duplex boards, including ivory, SC, and TM paperboards; and functional white paper boards. The company also provides cups, lids, sleeves, shopping bags/ envelopes, films, forks/spoons/knives, and various kind of containers under the Greenus brand name.

Hanchang Paper Co (XKRX:009460) Headlines

No Headlines