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RaemongRaein Co (XKRX:200350) Inventory-to-Revenue : 0.61 (As of Mar. 2024)


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What is RaemongRaein 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. RaemongRaein Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩3,307 Mil. RaemongRaein Co's Revenue for the three months ended in Mar. 2024 was ₩5,435 Mil. RaemongRaein Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.61.

RaemongRaein Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.41) to Dec. 2023 (0.61)

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. RaemongRaein Co's Days Inventory for the three months ended in Mar. 2024 was 59.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. RaemongRaein Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.53.


RaemongRaein Co Inventory-to-Revenue Historical Data

The historical data trend for RaemongRaein 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.

RaemongRaein Co Inventory-to-Revenue Chart

RaemongRaein Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.17 0.13 0.11 0.09 0.08

RaemongRaein Co Quarterly Data
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 0.38 0.20 0.62 0.41 0.61

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

For the Entertainment subindustry, RaemongRaein 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.


RaemongRaein Co's Inventory-to-Revenue Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, RaemongRaein Co's Inventory-to-Revenue distribution charts can be found below:

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



RaemongRaein 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.

RaemongRaein 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 )
=( (3701.147 + 3088.258) / 2 ) / 41863.614
=3394.7025 / 41863.614
=0.08

RaemongRaein 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 )
=( (3088.258 + 3525.858) / 2 ) / 5435.327
=3307.058 / 5435.327
=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.


RaemongRaein Co  (XKRX:200350) 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.

RaemongRaein 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
=3307.058/5048.9*365 / 4
=59.77

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

RaemongRaein 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 )
=5048.9 / 3307.058
=1.53

* 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.


RaemongRaein Co Inventory-to-Revenue Related Terms

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RaemongRaein Co (XKRX:200350) Business Description

Traded in Other Exchanges
N/A
Address
729, Eonju-ro, Gangnam-gu, 12th Floor, Masters 729 Building, Seoul, KOR, 06050
RaemongRaein Co Ltd is an entertainment management company. It is engaged in production and broadcast of entertainment management, film, animation, publishing, music, and games. The company's business divisions include drama production division, content planning division, business management division, marketing business division, management business division and music business division.

RaemongRaein Co (XKRX:200350) Headlines

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