RingCentral (RNG) Inventory Average (2013 - 2018)
RingCentral's (RNG) quarterly Inventory Average came in at $183500.0 in 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.
Analysis
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.
- On a quarterly basis, Inventory Average rose 3.09% year-over-year to $183500.0 in Q4 2018; TTM through Dec 2018 was $183500.0, a 3.09% increase from a year earlier, with the FY2018 full-year figure at $198500.0, up 52.11% from the prior year.
- Inventory Average was $183500.0 for Q4 2018 at RingCentral, down from $209500.0 in the prior quarter.
- Over five years, Inventory Average peaked at $2.3 million in Q3 2015 and troughed at $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.
- Across the five-year window, Inventory Average plunged 96.81% in 2016 and jumped 142.18% in 2017, its largest moves.
- Over 5 years, Inventory Average stood at $1.9 million in 2014, then grew by 23.7% to $2.3 million in 2015, then sank by 96.81% to $73500.0 in 2016, then jumped by 142.18% to $178000.0 in 2017, then grew by 3.09% to $183500.0 in 2018.
- The last three Inventory Average figures came in at $183500.0 (Q4 2018), $209500.0 (Q3 2018), and $240000.0 (Q2 2018), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | - |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | - |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | - |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | - |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | - |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | - |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | - |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | 19.68 Mn |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | - |
| 10 | 8X8 | 263.26 Mn | 168.30 Mn | - | - |
Historic Data
Download Data
Historic 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 |