GURUFOCUS.COM » STOCK LIST » Technology » Software » Hanssak Co Ltd (XKRX:430690) » Definitions » Inventory-to-Revenue

Hanssak Co (XKRX:430690) Inventory-to-Revenue : 0.46 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Hanssak 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. Hanssak Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩1,561 Mil. Hanssak Co's Revenue for the three months ended in Mar. 2024 was ₩3,410 Mil. Hanssak Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.46.

Hanssak Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.14) to Dec. 2023 (0.46)

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. Hanssak Co's Days Inventory for the three months ended in Mar. 2024 was 59.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hanssak Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.54.


Hanssak Co Inventory-to-Revenue Historical Data

The historical data trend for Hanssak 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.

Hanssak Co Inventory-to-Revenue Chart

Hanssak Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.03 0.03 0.06 0.07

Hanssak Co Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial 0.18 0.67 0.64 0.14 0.46

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

For the Software - Infrastructure subindustry, Hanssak 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.


Hanssak Co's Inventory-to-Revenue Distribution in the Software Industry

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

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



Hanssak 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.

Hanssak 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 )
=( (1881.365 + 1385.458) / 2 ) / 24095.099
=1633.4115 / 24095.099
=0.07

Hanssak Co'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 )
=( (1385.458 + 1736.004) / 2 ) / 3409.75
=1560.731 / 3409.75
=0.46

* 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.


Hanssak Co  (XKRX:430690) 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.

Hanssak Co'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
=1560.731/2407.895*365 / 4
=59.15

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

Hanssak Co'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 )
=2407.895 / 1560.731
=1.54

* 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.


Hanssak Co Inventory-to-Revenue Related Terms

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


Hanssak Co (XKRX:430690) Business Description

Traded in Other Exchanges
N/A
Address
Room 401, 27, Digital-ro 34-gil, Guro-gu, Daeryung Post Tower No.3, Seoul, KOR
Hanssak Co Ltd is an IT security company whose main business is application software development and supply. Their portfolio of products include manganese data transmission solution, password management solution, secure electronic fax solution, smart billing solution, and integrated control system.

Hanssak Co (XKRX:430690) Headlines

No Headlines