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
DateValue
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