GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wooshin Systems Co Ltd (XKRX:017370) » Definitions » Inventory-to-Revenue

Wooshin Systems Co (XKRX:017370) Inventory-to-Revenue : 0.64 (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Wooshin Systems 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. Wooshin Systems Co's Average Total Inventories for the quarter that ended in Dec. 2023 was ₩34,878 Mil. Wooshin Systems Co's Revenue for the three months ended in Dec. 2023 was ₩54,821 Mil. Wooshin Systems Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.64.

Wooshin Systems Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.38) to Sep. 2023 (0.64)

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. Wooshin Systems Co's Days Inventory for the three months ended in Dec. 2023 was 66.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wooshin Systems Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.38.


Wooshin Systems Co Inventory-to-Revenue Historical Data

The historical data trend for Wooshin Systems 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.

Wooshin Systems Co Inventory-to-Revenue Chart

Wooshin Systems Co 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 0.14 0.17 0.14 0.12 0.13

Wooshin Systems Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.42 0.36 0.38 0.64

Competitive Comparison of Wooshin Systems Co's Inventory-to-Revenue

For the Auto Parts subindustry, Wooshin Systems 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.


Wooshin Systems Co's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wooshin Systems Co's Inventory-to-Revenue distribution charts can be found below:

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



Wooshin Systems 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.

Wooshin Systems 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 )
=( (22937.893 + 41669.266) / 2 ) / 242195.761
=32303.5795 / 242195.761
=0.13

Wooshin Systems 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 )
=( (28086.714 + 41669.266) / 2 ) / 54820.668
=34877.99 / 54820.668
=0.64

* 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.


Wooshin Systems Co  (XKRX:017370) 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.

Wooshin Systems 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
=34877.99/48105.143*365 / 4
=66.16

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

Wooshin Systems 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 )
=48105.143 / 34877.99
=1.38

* 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.


Wooshin Systems Co Inventory-to-Revenue Related Terms

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


Wooshin Systems Co (XKRX:017370) Business Description

Traded in Other Exchanges
N/A
Address
Sihwa Plant 1: 333, Sihwa Industrial Complex 3 or 506, Gyeonggi-do, Siheung, KOR, 150-102
Wooshin Systems Co Ltd manufactures and sells automotive body assembly systems and body parts. Geographically the company holds its presence in both South korea region and even at the international level.

Wooshin Systems Co (XKRX:017370) Headlines

No Headlines