Ring Net Co's change in inventory for the quarter that ended in Mar. 2024 was ₩3,552 Mil. It means Ring Net Co's inventory
declined by ₩3,552 Mil
from Dec. 2023 to Mar. 2024 .
Ring Net Co's change in inventory for the fiscal year that ended in Dec. 2023 was ₩46,530 Mil. It means Ring Net Co's inventory
declined by ₩46,530 Mil
from Dec. 2022 to Dec. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ring Net Co's Days Inventory for the quarter that ended in Mar. 2024 was 56.15.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ring Net Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.62.
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.
Ring Net Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.52.
Ring Net Co Change In Inventory Historical Data
The historical data trend for Ring Net Co's Change In Inventory 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.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩32,221 Mil.
* 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.
Ring Net Co (XKRX:042500) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ring Net Co's Days Inventory for the quarter that ended in is calculated as:
3. 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.
Ring Net Co's Inventory to Revenue for the quarter that ended in Mar. 2024 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.
Ring Net Co Change In Inventory Related Terms
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Ring Net Co Ltd is a specialized ICT service company. It offers solutions in the business areas of Network integration, System integration, Advanced service, Cloud, Collaboration and Security. System integration establishes an optimum information system through convergence and integration of complex IT resources; Network Integration relates to building network architecture and optimizing network infrastructure; Advanced Service provides services according to IT life cycle for consulting, construction, maintenance, and optimization; Cloud service provides virtualization, server and storage solutions for cloud computing environments; Collaboration covers IT telephony, unified communication, video conference and CCTV solution; and Security area provides security solutions.
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