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. SK Innovation Co's Average Total Inventories for the quarter that ended in Dec. 2023 was ₩12,065,980 Mil. SK Innovation Co's Revenue for the
three
months ended in Dec. 2023 was ₩19,529,300 Mil.
SK Innovation Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.62.
SK Innovation Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.60) to Sep. 2023 (0.62)
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.
SK Innovation Co's Days Inventory for the
three
months ended in Dec. 2023 was 58.74.
Inventory Turnover measures how fast the company turns over its inventory within a year.
SK Innovation Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.55.
SK Innovation Co Inventory-to-Revenue Historical Data
The historical data trend for SK Innovation 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 SK Innovation Co's Inventory-to-Revenue
For the Oil & Gas Refining & Marketing subindustry, SK Innovation 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.
SK Innovation Co's Inventory-to-Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, SK Innovation Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where SK Innovation Co's Inventory-to-Revenue falls into.
SK Innovation 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.
SK Innovation 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.
SK Innovation Co (XKRX:096775) 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.
SK Innovation Co's Days Inventory for the
three
months 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.
SK Innovation Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of SK Innovation Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
SK Innovation Co (XKRX:096775) Business Description
SK Innovation Co Ltd is a global energy and chemical company. It operates in petroleum production, refining, chemicals, and lubricants. Operations are divided into four segments: Petroleum, Petrochemicals, Lubricants, and Others. The Petroleum segment provides majority of the revenue for the group. SK engages in exploration and production activities around the world. Petroleum products like gasoline, diesel, and asphalt are produced at its refineries in Korea. The business has a network of gas stations with a paid membership service. Additional subsidiaries under the Petroleum segment provide customized service information for freight truck business operators and a website for enterprise customers of SK Energy.
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