FORMETAL Co (XKRX:119500) Inventories, Inventories Adjustments : ₩-260 Mil (As of Mar. 2024)

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What is FORMETAL Co Inventories, Inventories Adjustments?

FORMETAL Co's Inventories, Inventories Adjustments for the quarter that ended in Mar. 2024 was ₩-260 Mil.

FORMETAL Co's quarterly Inventories, Inventories Adjustments declined from Sep. 2023 (₩-195 Mil) to Dec. 2023 (₩-288 Mil) but then increased from Dec. 2023 (₩-288 Mil) to Mar. 2024 (₩-260 Mil).

FORMETAL Co's annual Inventories, Inventories Adjustments declined from Dec. 2021 (₩-187 Mil) to Dec. 2022 (₩-486 Mil) but then increased from Dec. 2022 (₩-486 Mil) to Dec. 2023 (₩-288 Mil).

FORMETAL Co Inventories, Inventories Adjustments Historical Data

The historical data trend for FORMETAL Co's Inventories, Inventories Adjustments 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.

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FORMETAL Co Inventories, Inventories Adjustments Chart

FORMETAL Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventories, Inventories Adjustments

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-119.97

-187.76

-186.78

-485.74

-287.53

FORMETAL Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventories, Inventories Adjustments	Get a 7-Day Free Trial															-240.49	-181.03	-194.81	-287.53	-259.91

FORMETAL Co Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

FORMETAL Co (XKRX:119500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FORMETAL Co Ltd (XKRX:119500) » Definitions » Inventories, Inventories Adjustments

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1741, Mujang-ri, Jigok-myeon, Chungcheongnam-do, Seosan, KOR

Website

http://www.formetal.co.kr

FORMETAL Co Ltd is a Korea based manufacturer of various types of forgings and supplies components of precision instruments. The products offered by the company are RV gear, hold flange, shaft, sprocket, oil cap, ice cleat, center bearing, fork shift, yoke, spindle, pole, crank shaft and cam shaft, among others. The products are used in automobile, defense industry, wind power generation, heavy equipment, agricultural machine, and in other industries.

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