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Funko (FNKO) Inventory-to-Revenue : 0.54 (As of Mar. 2024)


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What is Funko 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. Funko's Average Total Inventories for the quarter that ended in Mar. 2024 was $116 Mil. Funko's Revenue for the three months ended in Mar. 2024 was $216 Mil. Funko's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.54.

Funko's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.48) to Dec. 2023 (0.54)

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. Funko's Days Inventory for the three months ended in Mar. 2024 was 81.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Funko's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.12.


Funko Inventory-to-Revenue Historical Data

The historical data trend for Funko'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.

Funko Inventory-to-Revenue Chart

Funko Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.09 0.09 0.11 0.16 0.17

Funko Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.87 0.79 0.56 0.48 0.54

Competitive Comparison of Funko's Inventory-to-Revenue

For the Leisure subindustry, Funko'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.


Funko's Inventory-to-Revenue Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Funko's Inventory-to-Revenue distribution charts can be found below:

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



Funko 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.

Funko'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 )
=( (246.429 + 119.458) / 2 ) / 1096.086
=182.9435 / 1096.086
=0.17

Funko'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 )
=( (119.458 + 112.282) / 2 ) / 215.699
=115.87 / 215.699
=0.54

* 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.


Funko  (NAS:FNKO) 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.

Funko'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
=115.87/129.427*365 / 4
=81.69

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

Funko'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 )
=129.427 / 115.87
=1.12

* 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.


Funko Inventory-to-Revenue Related Terms

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Funko (FNKO) Business Description

Traded in Other Exchanges
Address
2802 Wetmore Avenue, Everett, WA, USA, 98201
Funko Inc is an us-based pop culture consumer products company. It creates whimsical, fun, and different products which enable the customer to express their affinity for their favorite through the movie, TV show, video game, musician, or sports team. The company holds licenses and the rights to create tens of thousands of characters including Game of Thornes, Walking Dead, Disney, Marvel, Harry Potter, Fallout, and others. Its products include Pop, Dorbz, Mystery Vinyl, Plush, Action Figures, and Others. The company sells its products through a diverse network of retail customers across multiple retail channels, including specialty retailers, mass-market retailers, and e-commerce sites.
Executives
Mike Kerns director 12180 MILLENNIUM DRIVE, SUITE 500, PLAYA VISTA CA 90094
Working Capital Advisors (uk) Ltd. 10 percent owner QUERIPEL HOUSE, UNIT 2, 1 DUKE OF YORK SQUARE, LONDON X0 SW3 4LY
Steve Nave officer: CFO and COO 300 MADISON AVENUE, 7TH FLOOR, TOLEDO OH 43604
Kenneth Chan Hsiang-tze 10 percent owner QUERIPEL HOUSE UNIT 2, 1 DUKE OF YORK SQUARE, LONDON X0 SW3 4LY
Working Capital Management Pte. Ltd. 10 percent owner 3 PHILLIP STREET,, 17-01 ROYAL GROUP BUILDING, SINGAPORE U0 048693
Andrew Mark Perlmutter officer: PRESIDENT C/O FUNKO, INC., 2802 WETMORE AVENUE, EVERETT WA 98201
Andrew David Oddie officer: CHIEF REVENUE OFFICER C/O FUNCO, INC., 2802 WETMORE AVENUE, EVERETT WA 98201
Tracy D Daw officer: See Remarks 2601 ELLIOTT AVENUE, SUITE 1000, SEATTLE WA 98121
Scott Yessner officer: Interim CFO C/O FUNKO, INC., 2802 WETMORE AVENUE, EVERETT WA 98201
Jung Jennifer Fall officer: Chief Financial Officer C/O FUNKO, INC., WETMORE AVENUE, EVERETT WA 98201
Trevor A Edwards director 2080 NW 133RD PLACE, PORTLAND OR 97229
Kenneth R. Brotman director C/O FUNKO, INC., 2802 WETMORE AVENUE, EVERETT WA 98201
Tcg Capital Management, Lp 10 percent owner 12180 MILLENNIUM DRIVE, SUITE 500, PLAYA VISTA CA 90094
Tcg 3.0 Fuji, Lp 10 percent owner 12180 MILLENNIUM DRIVE, SUITE 500, PLAYA VISTA CA 90094
Richard A. Paul director 80 PINE STREET, SUITE 3202, NEW YORK NY 10005