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. Asiana Airlines's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩237,373 Mil. Asiana Airlines's Revenue for the
three
months ended in Mar. 2024 was ₩2,008,866 Mil.
Asiana Airlines's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.12.
Asiana Airlines's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.12) to Dec. 2023 (0.12)
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.
Asiana Airlines's Days Inventory for the
three
months ended in Mar. 2024 was 12.14.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Asiana Airlines's Inventory Turnover for the quarter that ended in Mar. 2024 was 7.51.
Asiana Airlines Inventory-to-Revenue Historical Data
The historical data trend for Asiana Airlines'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 Asiana Airlines's Inventory-to-Revenue
For the Airlines subindustry, Asiana Airlines'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.
Asiana Airlines's Inventory-to-Revenue Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Asiana Airlines's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Asiana Airlines's Inventory-to-Revenue falls into.
Asiana Airlines 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.
Asiana Airlines'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.
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.
Asiana Airlines's Days Inventory for the
three
months 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.
Asiana Airlines Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Asiana Airlines's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Asiana Airlines (XKRX:020560) Business Description
Asiana Airlines Inc is one of South Korea's major airlines. It generates revenue by transporting passengers, cargo, and by providing supplementary services related to airlines and travel industries. The company offers many different classes, or cabin experiences, for each flight. A customer may purchase tickets, check the flight status, check-in, and order/confirm other amenities on the company's website. Only a small portion of revenue is derived from domestic passengers (South Korea), with international passengers and carrying cargo constituting a majority. The majority of Asiana's revenue is from routes conducted throughout Asia.
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