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Hyundai Everdigm (XKRX:041440) Inventory-to-Revenue : 1.61 (As of Dec. 2023)


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What is Hyundai Everdigm 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. Hyundai Everdigm's Average Total Inventories for the quarter that ended in Dec. 2023 was ₩140,364 Mil. Hyundai Everdigm's Revenue for the three months ended in Dec. 2023 was ₩87,311 Mil. Hyundai Everdigm's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.61.

Hyundai Everdigm's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (1.88) to Sep. 2023 (1.61)

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. Hyundai Everdigm's Days Inventory for the three months ended in Dec. 2023 was 168.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hyundai Everdigm's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.54.


Hyundai Everdigm Inventory-to-Revenue Historical Data

The historical data trend for Hyundai Everdigm'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.

Hyundai Everdigm Inventory-to-Revenue Chart

Hyundai Everdigm 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 0.46 0.43 0.37 0.35 0.38

Hyundai Everdigm Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.41 1.42 1.54 1.88 1.61

Competitive Comparison of Hyundai Everdigm's Inventory-to-Revenue

For the Farm & Heavy Construction Machinery subindustry, Hyundai Everdigm'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.


Hyundai Everdigm's Inventory-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hyundai Everdigm's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Hyundai Everdigm's Inventory-to-Revenue falls into.



Hyundai Everdigm 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.

Hyundai Everdigm'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 )
=( (135857.679 + 132553.793) / 2 ) / 358052.34
=134205.736 / 358052.34
=0.37

Hyundai Everdigm's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (148173.929 + 132553.793) / 2 ) / 87310.517
=140363.861 / 87310.517
=1.61

* 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.


Hyundai Everdigm  (XKRX:041440) 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.

Hyundai Everdigm's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=140363.861/75817.911*365 / 4
=168.93

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

Hyundai Everdigm's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=75817.911 / 140363.861
=0.54

* 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.


Hyundai Everdigm Inventory-to-Revenue Related Terms

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Hyundai Everdigm (XKRX:041440) Business Description

Traded in Other Exchanges
N/A
Address
332-3 Janggwan-ri, Jincheon-eub, Jincheon-gun, Chungbuk, KOR, 365-802
Hyundai Everdigm Corp is engaged in producing and selling construction and mining equipment, and rescue products in South Korea and internationally. The company offers Concrete Pumps, Attachment, Tower Cranes, Telescopic Cranes, Blast-hole drill rigs, and Special vehicles among others.

Hyundai Everdigm (XKRX:041440) Headlines

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