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Samwon Steel Co (XKRX:023000) Change In Inventory : ₩-3,821 Mil (TTM As of Dec. 2023)


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What is Samwon Steel Co Change In Inventory?

Samwon Steel Co's change in inventory for the quarter that ended in Dec. 2023 was ₩-7,094 Mil. It means Samwon Steel Co's inventory increased by ₩7,094 Mil from Sep. 2023 to Dec. 2023 .

Samwon Steel Co's change in inventory for the fiscal year that ended in Dec. 2023 was ₩-3,821 Mil. It means Samwon Steel Co's inventory increased by ₩3,821 Mil from Dec. 2022 to Dec. 2023 .

Samwon Steel Co's Total Inventories for the quarter that ended in Dec. 2023 was ₩53,149 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Samwon Steel Co's Days Inventory for the quarter that ended in Dec. 2023 was 55.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Samwon Steel Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.66.

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. Samwon Steel Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.55.


Samwon Steel Co Change In Inventory Historical Data

The historical data trend for Samwon Steel Co's Change In Inventory 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.

Samwon Steel Co Change In Inventory Chart

Samwon Steel Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,817.75 -3,901.04 -18,499.90 1,799.27 -3,821.34

Samwon Steel Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Inventory 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,821.19 -3,956.47 3,757.03 3,471.87 -7,093.77

Samwon Steel Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-3,821 Mil.

* 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.


Samwon Steel Co  (XKRX:023000) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Samwon Steel Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=49601.752/82296.798*365 / 4
=55.00

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

Samwon Steel Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

3. 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.

Samwon Steel Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=49601.752 / 89491.046
=0.55

* 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.


Samwon Steel Co Change In Inventory Related Terms

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Samwon Steel Co (XKRX:023000) Business Description

Traded in Other Exchanges
N/A
Address
752, Daegak-ri, Daesong-Myeon, Nam-Gu, Gyeongsangbuk-do, Pohang, North Gyeongsang, KOR, 790-841
Samwon Steel Co Ltd is a South Korea based supplier of spring materials. The company manufactures laminated springs, wire rod, torsion bars, steel pipes for automobiles. It is also engaged in research and development of lightweight and high-stress resistant materials.

Samwon Steel Co (XKRX:023000) Headlines

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