Hansol Home Deco Co (XKRX:025750) Inventory Turnover : 1.63 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Hansol Home Deco Co 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. Hansol Home Deco Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩68,878 Mil. Hansol Home Deco Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩42,363 Mil. Hansol Home Deco Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hansol Home Deco Co's Days Inventory for the three months ended in Mar. 2024 was 56.12.

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. Hansol Home Deco Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.52.

Hansol Home Deco Co Inventory Turnover Historical Data

The historical data trend for Hansol Home Deco Co'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.

Hansol Home Deco Co Inventory Turnover Chart

Hansol Home Deco Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

6.82

6.84

5.15

4.80

5.94

Hansol Home Deco Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.21	1.26	1.43	1.59	1.63

Hansol Home Deco Co Inventory Turnover Calculation

Hansol Home Deco Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	258201.578	/ (	(44509.896	+	42393.586)	/	2 )
=	258201.578	/	43451.741
=	5.94

Hansol Home Deco Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	68878.428	/ (	(42393.586	+	42332.972)	/	2 )
=	68878.428	/	42363.279
=	1.63

Hansol Home Deco Co (XKRX:025750) 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.

Hansol Home Deco Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	42363.279	/	68878.428	*	365 / 4
	=	56.12

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.

Hansol Home Deco Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	42363.279	/	81121.403
	=	0.52

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.

Hansol Home Deco Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Hansol Home Deco Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Hansol Home Deco Co (XKRX:025750) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Hansol Home Deco Co Ltd (XKRX:025750) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

5th street 15, Boramae road, Yonggi-gu, Seoul, KOR

Website

http://www.hansolhomedeco.co.kr

Hansol Home Deco Co Ltd is engaged in manufacturing woodland products, furniture components, and interior materials in South Korea. Its product portfolio includes medium density fiberboards (MDF), particle boards, laminated flooring, and lumber products.

Hansol Home Deco Co (XKRX:025750) Headlines

No Headlines