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Cheil Industries (XKRX:001300) Inventory Turnover : 6.23 (As of Mar. 2016)


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What is Cheil Industries Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Cheil Industries's Cost of Goods Sold for the three months ended in Mar. 2016 was ₩4,346,261 Mil. Cheil Industries's Average Total Inventories for the quarter that ended in Mar. 2016 was ₩697,358 Mil. Cheil Industries's Inventory Turnover for the quarter that ended in Mar. 2016 was 6.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cheil Industries's Days Inventory for the three months ended in Mar. 2016 was 14.64.

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. Cheil Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2016 was 0.15.


Cheil Industries Inventory Turnover Historical Data

The historical data trend for Cheil Industries's Inventory Turnover 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.

Cheil Industries Inventory Turnover Chart

Cheil Industries Annual Data
Trend Dec13 Dec14 Dec15
Inventory Turnover
6.34 4.72 12.92

Cheil Industries Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 1.02 1.46 4.55 6.91 6.23

Cheil Industries Inventory Turnover Calculation

Cheil Industries's Inventory Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Inventory Turnover (A: Dec. 2015 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2015 ) / ((Total Inventories (A: Dec. 2014 ) + Total Inventories (A: Dec. 2015 )) / count )
=7461001.692 / ((470269.785 + 684384.566) / 2 )
=7461001.692 / 577327.1755
=12.92

Cheil Industries's Inventory Turnover for the quarter that ended in Mar. 2016 is calculated as

Inventory Turnover (Q: Mar. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2016 ) / ((Total Inventories (Q: Dec. 2015 ) + Total Inventories (Q: Mar. 2016 )) / count )
=4346260.507 / ((684384.566 + 710332.012) / 2 )
=4346260.507 / 697358.289
=6.23

* 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.


Cheil Industries  (XKRX:001300) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Cheil Industries's Days Inventory for the three months ended in Mar. 2016 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2016 )/Cost of Goods Sold (Q: Mar. 2016 )*Days in Period
=697358.289/4346260.507*365 / 4
=14.64

2. 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.

Cheil Industries's Inventory to Revenue for the quarter that ended in Mar. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2016 ) / Revenue (Q: Mar. 2016 )
=697358.289 / 4559672.269
=0.15

* 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.


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Cheil Industries Inventory Turnover Related Terms

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Cheil Industries (XKRX:001300) Business Description

Traded in Other Exchanges
N/A
Address
Samsung C&T Corp was founded in 1938. The Company was formed from the merger of Samsung C&T Corporation ('Samsung C&T') and Cheil Industries Inc. The Company operates four business including engineering & construction, trading & investment, fashion and resort & construction. In the engineering & construction business it provides services including planning, design, purchasing, construction and management of buildings, civil infrastructure, power plants and housing & developments. The Company's trading & investment business includes trading of industrial commodities such as chemicals, steel and natural resources, and organizing projects such as power plant, renewable energy and infrastructure development. The Company also trades chemicals and industrial materials including fertilizer, mining chemicals, methanol and electronic materials, steel products including hot rolled steel, plate and automotive steel, and natural resources including coal and copper. It also operates palm plantation. The Company's fashion business is engaged in manufacturing and designing fashion products and offers brands including 8 Seconds, 10 Corso Como Seoul, Aann Demeulemeester, Beanpole Men, Beanpole Ladies, Beanpole Kids, Beanpole Golf, Beanpole Accessory, Beanpole Outdoor, Balmain, Beaker, Colombo, Comme Des Garcons, Galaxy, Giuseppe Zanotti, Kuho, Lansmere, Lebeige and Valextra. The Company's resort business is engaged in operating Everland & Caribbean Bay resorts and Golf Clubs; and also engaged in construction, plant, and landscaping businesses.

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