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Polaris AI (XKRX:039980) Inventory-to-Revenue : 1.41 (As of Jun. 2024)


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What is Polaris AI 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. Polaris AI's Average Total Inventories for the quarter that ended in Jun. 2024 was ₩17,262 Mil. Polaris AI's Revenue for the three months ended in Jun. 2024 was ₩12,240 Mil. Polaris AI's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.41.

Polaris AI's Inventory-to-Revenue for the quarter that ended in Jun. 2024 declined from Mar. 2024 (1.51) to Mar. 2024 (1.41)

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. Polaris AI's Days Inventory for the three months ended in Jun. 2024 was 203.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Polaris AI's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.45.


Polaris AI Inventory-to-Revenue Historical Data

The historical data trend for Polaris AI'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.

Polaris AI Inventory-to-Revenue Chart

Polaris AI 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 0.56 0.50 0.45 0.41 0.40

Polaris AI Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.59 1.87 1.20 1.51 1.41

Competitive Comparison of Polaris AI's Inventory-to-Revenue

For the Information Technology Services subindustry, Polaris AI'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.


Polaris AI's Inventory-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Polaris AI's Inventory-to-Revenue distribution charts can be found below:

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



Polaris AI 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.

Polaris AI'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 )
=( (27345.575 + 20318.781) / 2 ) / 59435.98
=23832.178 / 59435.98
=0.40

Polaris AI's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (17129.282 + 17395.579) / 2 ) / 12240.363
=17262.4305 / 12240.363
=1.41

* 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.


Polaris AI  (XKRX:039980) 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.

Polaris AI's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=17262.4305/7730.505*365 / 4
=203.76

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

Polaris AI's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=7730.505 / 17262.4305
=0.45

* 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.


Polaris AI Inventory-to-Revenue Related Terms

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Polaris AI Business Description

Traded in Other Exchanges
N/A
Address
KIRA Building, 2 and 6 Floors, 317, Hyoryeon-ro, Seocho-gu, Seoul, KOR, 137-877
Leenos Corp engages in the service, manufacturing, construction, and wholesale/retail businesses in South Korea. It offers IT solutions, including integrated control systems, intelligent transport systems, and Internet of Things; system integration solutions, such as system construction, IT consulting, and integrated maintenance services; IT services comprising financial IT and radio communication services; and radio communication solutions, such as disaster safety and network train radio communications.

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