RingCentral (RNG) Inventory Average (2013 - 2018)
RingCentral (RNG) posted quarterly Inventory Average of $183500.0 for Q4 2018, up 3.09% year-on-year from $178000.0 in Q4 2017, and down 12.41% on a QoQ basis 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.
- Quarterly Inventory Average rose 3.09% year-over-year to $183500.0 in Q4 2018, while the trailing twelve-month figure through Dec 2018 was $183500.0 (up 3.09% YoY) and the FY2018 annual result came in at $198500.0, up 52.11% from the prior year.
- Inventory Average fell to $183500.0 in Q4 2018 per RNG's latest filing, from $209500.0 in the prior quarter.
- Over the last five years, Inventory Average for RNG reached as high as $2.3 million in Q3 2015 and fell as low as $73500.0 in Q4 2016.
- A 5-year average of $1.0 million and a median of $376000.0 in 2016 frame the typical range for Inventory Average.
- Annual changes were most pronounced in 2016 — Inventory Average tumbled 96.81% — and 2017, when it jumped 142.18%.
- Year by year, Inventory Average stood at $1.9 million in 2014, then climbed by 23.7% to $2.3 million in 2015, then slumped by 96.81% to $73500.0 in 2016, then soared by 142.18% to $178000.0 in 2017, then climbed by 3.09% to $183500.0 in 2018.
- According to Business Quant data, Inventory Average over the past three periods registered $183500.0, $209500.0, and $240000.0 for Q4 2018, Q3 2018, and Q2 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | - |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | - |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | - |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | - |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | - |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | - |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 310.75 Mn |
| 10 | RingCentral | 3.27 Bn | 3.15 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 |