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WONIK CUBE (XKRX:014190) Inventory-to-Revenue : 0.54 (As of Sep. 2024)


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What is WONIK CUBE 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. WONIK CUBE's Average Total Inventories for the quarter that ended in Sep. 2024 was ₩38,967 Mil. WONIK CUBE's Revenue for the three months ended in Sep. 2024 was ₩72,660 Mil. WONIK CUBE's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.54.

WONIK CUBE's Inventory-to-Revenue for the quarter that ended in Sep. 2024 increased from Jun. 2024 (0.48) to Jun. 2024 (0.54)

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. WONIK CUBE's Days Inventory for the three months ended in Sep. 2024 was 53.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. WONIK CUBE's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.70.


WONIK CUBE Inventory-to-Revenue Historical Data

The historical data trend for WONIK CUBE'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.

WONIK CUBE Inventory-to-Revenue Chart

WONIK CUBE 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 0.11 0.11 0.09 0.12 0.12

WONIK CUBE Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.51 0.49 0.49 0.48 0.54

Competitive Comparison of WONIK CUBE's Inventory-to-Revenue

For the Specialty Chemicals subindustry, WONIK CUBE'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.


WONIK CUBE's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, WONIK CUBE's Inventory-to-Revenue distribution charts can be found below:

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



WONIK CUBE 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.

WONIK CUBE'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 )
=( (29441.461 + 28247.696) / 2 ) / 244376.147
=28844.5785 / 244376.147
=0.12

WONIK CUBE's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (41528.195 + 36405.775) / 2 ) / 72660.153
=38966.985 / 72660.153
=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.


WONIK CUBE  (XKRX:014190) 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.

WONIK CUBE's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=38966.985/66340.135*365 / 4
=53.60

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

WONIK CUBE's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=66340.135 / 38966.985
=1.70

* 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.


WONIK CUBE Inventory-to-Revenue Related Terms

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WONIK CUBE Business Description

Traded in Other Exchanges
N/A
Address
22-2, Sunae-Dong, Bundang-Gu, Gyeonggi-do, Seongnam, KOR
WONIK CUBE Corp is a South Korean company engaged in chemical business which include supplying of paint, ink, adhesive, and artificial marble, resin business, silicon business, construction business, P&P business which include supplying automatic paper box folding machine, and development business which include supplying of electronic materials.

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