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Smart Radar System (XKRX:424960) Inventory-to-Revenue : 1.60 (As of Mar. 2024)


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What is Smart Radar System 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. Smart Radar System's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩3,166 Mil. Smart Radar System's Revenue for the three months ended in Mar. 2024 was ₩1,974 Mil. Smart Radar System's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.60.

Smart Radar System's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (2.40) to Dec. 2023 (1.60)

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. Smart Radar System's Days Inventory for the three months ended in Mar. 2024 was 149.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Smart Radar System's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.61.


Smart Radar System Inventory-to-Revenue Historical Data

The historical data trend for Smart Radar System'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.

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Smart Radar System Inventory-to-Revenue Chart

Smart Radar System Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.21 0.37 0.52 0.72

Smart Radar System Quarterly Data
Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial 1.50 3.29 2.74 2.40 1.60

Competitive Comparison of Smart Radar System's Inventory-to-Revenue

For the Scientific & Technical Instruments subindustry, Smart Radar System'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.


Smart Radar System's Inventory-to-Revenue Distribution in the Hardware Industry

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

* The bar in red indicates where Smart Radar System's Inventory-to-Revenue falls into.



Smart Radar System 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.

Smart Radar System'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 )
=( (2593.62 + 3245.932) / 2 ) / 4075.935
=2919.776 / 4075.935
=0.72

Smart Radar System's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (3245.932 + 3085.705) / 2 ) / 1973.828
=3165.8185 / 1973.828
=1.60

* 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.


Smart Radar System  (XKRX:424960) 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.

Smart Radar System's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=3165.8185/1932.716*365 / 4
=149.47

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

Smart Radar System's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=1932.716 / 3165.8185
=0.61

* 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.


Smart Radar System Inventory-to-Revenue Related Terms

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Smart Radar System (XKRX:424960) Business Description

Traded in Other Exchanges
N/A
Address
925beon-gil, 3F Fine Digital, 41, Seongnam-daero, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13496
Smart Radar System Inc is a company developing radar solutions for autonomous cars and industrial applications. They provide RF antenna design, hardware module fabrication, radar signal processing algorithms and software APIs. It offers products such as RETINA-4FN, RETINA-4SN and IRISc-03A which are 4D Imaging Radars, Single chip Radars.

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