RingCentral (RNG) Inventory Average (2013 - 2018)
RingCentral (RNG) posted quarterly Inventory Average of $183500.0 for Q4 2018, up 3.09% year-over-year from $178000.0 in Q4 2017, and down 12.41% quarter-over-quarter from $209500.0 in Q3 2018.
RingCentral (RNG) Inventory Average (2013 - 2018) Analysis & Trends
RingCentral (RNG) has reported Inventory Average for 6 consecutive years, with $183500.0 the latest figure, recorded in Q4 2018.
- In Q4 2018, Inventory Average rose 3.09% year-over-year to $183500.0; the TTM figure through Dec 2018 stood at $183500.0 (up 3.09% YoY), while the FY2018 annual figure was $198500.0, up 52.11% from the prior year.
- Inventory Average slipped to $183500.0 in Q4 2018 per RNG's latest filing, from $209500.0 in the prior quarter.
- Across five years, Inventory Average topped out at $2.3 million in Q3 2015 and bottomed at $73500.0 in Q4 2016.
- Historically, Inventory Average has averaged $1.0 million across 5 years, with a median of $376000.0 in 2016.
- Annual changes were most pronounced in 2016 — Inventory Average tumbled 96.81% — and 2017, when it surged 142.18%.
- RingCentral's Inventory Average stood at $1.9 million in 2014, then rose by 23.7% to $2.3 million in 2015, then sank by 96.81% to $73500.0 in 2016, then soared by 142.18% to $178000.0 in 2017, then rose by 3.09% to $183500.0 in 2018.
- Business Quant data shows RNG's Inventory Average at $183500.0 in Q4 2018, $209500.0 in Q3 2018, and $240000.0 in Q2 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | - |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | - |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | - |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | - |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | - |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | - |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | - |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | - |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | - |
| 10 | RingCentral | 5.40 Bn | 5.29 Bn | 472.31 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 183,500.00 |
| Sep 30, 2018 | 209,500.00 |
| Jun 30, 2018 | 240,000.00 |
| Mar 31, 2018 | 213,500.00 |
| Dec 31, 2017 | 178,000.00 |
| Sep 30, 2017 | 141,000.00 |
| Jun 30, 2017 | 147,000.00 |
| Mar 31, 2017 | 116,500.00 |
| Dec 31, 2016 | 73,500.00 |
| Sep 30, 2016 | 103,000.00 |
| Jun 30, 2016 | 512,000.00 |
| Mar 31, 2016 | 1.61 Mn |
| Dec 31, 2015 | 2.30 Mn |
| Sep 30, 2015 | 2.33 Mn |
| Jun 30, 2015 | 2.21 Mn |
| Mar 31, 2015 | 1.88 Mn |
| Dec 31, 2014 | 1.86 Mn |
| Sep 30, 2014 | 2.09 Mn |
| Jun 30, 2014 | 2.24 Mn |
| Mar 31, 2014 | 2.21 Mn |