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Purit Co (XKRX:445180) Inventory-to-Revenue : 0.35 (As of Sep. 2024)


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What is Purit 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. Purit Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ₩11,070 Mil. Purit Co's Revenue for the three months ended in Sep. 2024 was ₩31,962 Mil. Purit Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.35.

Purit Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 declined from Jun. 2024 (0.36) to Jun. 2024 (0.35)

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. Purit Co's Days Inventory for the three months ended in Sep. 2024 was 39.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Purit Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.31.


Purit Co Inventory-to-Revenue Historical Data

The historical data trend for Purit 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.

Purit Co Inventory-to-Revenue Chart

Purit Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.09 0.07 0.07 0.08

Purit Co Quarterly Data
Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Inventory-to-Revenue Get a 7-Day Free Trial 0.38 0.31 0.34 0.36 0.35

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

For the Specialty Chemicals subindustry, Purit 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.


Purit Co's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Purit Co's Inventory-to-Revenue distribution charts can be found below:

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



Purit 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.

Purit 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 )
=( (10491.92 + 8785.47) / 2 ) / 120458.972
=9638.695 / 120458.972
=0.08

Purit Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (10847.421 + 11292.527) / 2 ) / 31962.272
=11069.974 / 31962.272
=0.35

* 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.


Purit Co  (XKRX:445180) 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.

Purit Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=11069.974/25583.458*365 / 4
=39.48

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

Purit Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=25583.458 / 11069.974
=2.31

* 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.


Purit Co Inventory-to-Revenue Related Terms

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Purit Co Business Description

Traded in Other Exchanges
N/A
Address
21 Sabak-gil, Angang-eup, Gyeongsangbuk-do, Gyeongju-si, KOR
Purit Co Ltd is a company whose business is for recovering and refining waste organic solvents generated in industrial and display processes. The Company's primary business activity is Refinement and manufacture of organic solvents. The business focuses on producing ultra-high purity chemical products for semiconductors and displays by synthesizing raw materials based on purification of waste organic solvents.

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