GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Egtronics Co Ltd (XKRX:377330) » Definitions » Inventory-to-Revenue

Egtronics Co (XKRX:377330) Inventory-to-Revenue : 0.51 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Egtronics Co 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. Egtronics Co's Average Total Inventories for the quarter that ended in Dec. 2023 was ₩8,969 Mil. Egtronics Co's Revenue for the three months ended in Dec. 2023 was ₩17,493 Mil. Egtronics Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.51.

Egtronics Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (1.69) to Sep. 2023 (0.51)

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. Egtronics Co's Days Inventory for the three months ended in Dec. 2023 was 48.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Egtronics Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.89.


Egtronics Co Inventory-to-Revenue Historical Data

The historical data trend for Egtronics 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.

* Premium members only.

Egtronics Co Inventory-to-Revenue Chart

Egtronics Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.18 0.23 0.27 0.31 0.23

Egtronics Co Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.65 2.93 1.13 1.69 0.51

Competitive Comparison of Egtronics Co's Inventory-to-Revenue

For the Electronic Components subindustry, Egtronics 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.


Egtronics Co's Inventory-to-Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Egtronics Co's Inventory-to-Revenue distribution charts can be found below:

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



Egtronics 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.

Egtronics Co'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 )
=( (7675.035 + 8265.279) / 2 ) / 35198.12
=7970.157 / 35198.12
=0.23

Egtronics Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (9673.339 + 8265.279) / 2 ) / 17493.426
=8969.309 / 17493.426
=0.51

* 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.


Egtronics Co  (XKRX:377330) 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.

Egtronics Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=8969.309/16970.228*365 / 4
=48.23

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

Egtronics Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=16970.228 / 8969.309
=1.89

* 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.


Egtronics Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Egtronics Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Egtronics Co (XKRX:377330) Business Description

Traded in Other Exchanges
N/A
Address
63-100, Geumgok-ro 163 beon-gil, Gyeonggi-do, Hwaseong-si, KOR, 63-100
Egtronics Co Ltd is focused on communication power supplies and their technologies. The product portfolio of the company DC-DC Converter, Driving Inverter, Auxiliary Inverter, Generator controller, Multi-Voltage Output PSU for Optical Repeater, Communication environmental monitoring devices and Light-train non-contact charger.

Egtronics Co (XKRX:377330) Headlines

No Headlines