HANMI Semiconductor Co (XKRX:042700) Inventory Turnover : 0.38 (As of Mar. 2024)

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What is HANMI Semiconductor 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. HANMI Semiconductor Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩38,386 Mil. HANMI Semiconductor Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩101,959 Mil. HANMI Semiconductor Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HANMI Semiconductor Co's Days Inventory for the three months ended in Mar. 2024 was 242.37.

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. HANMI Semiconductor Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.32.

HANMI Semiconductor Co Inventory Turnover Historical Data

The historical data trend for HANMI Semiconductor 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.

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HANMI Semiconductor Co Inventory Turnover Chart

HANMI Semiconductor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.73

3.36

2.88

1.72

0.91

HANMI Semiconductor 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															0.19	0.30	0.23	0.24	0.38

HANMI Semiconductor Co Inventory Turnover Calculation

HANMI Semiconductor 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 )
=	79604.579	/ (	(80082.21	+	95433.336)	/	2 )
=	79604.579	/	87757.773
=	0.91

HANMI Semiconductor 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 )
=	38386.254	/ (	(95433.336	+	108485.569)	/	2 )
=	38386.254	/	101959.4525
=	0.38

HANMI Semiconductor Co (XKRX:042700) 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.

HANMI Semiconductor 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
	=	101959.4525	/	38386.254	*	365 / 4
	=	242.37

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.

HANMI Semiconductor 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 )
	=	101959.4525	/	77317.697
	=	1.32

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.

HANMI Semiconductor Co Inventory Turnover Related Terms

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HANMI Semiconductor Co (XKRX:042700) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » HANMI Semiconductor Co Ltd (XKRX:042700) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

532-2 Gajwa-Dong, Seo-gu, Incheon, KOR, 404-250

Website

http://www.hanmisemi.com

HANMI Semiconductor Co Ltd operates in semiconductor equipment business. The company has the largest worldwide market share for sewing and placement system. Its product portfolio divides into three main segments: Semiconductor Equipment, Laser Application Processes, PV and LED. Semiconductor division offer equipment such as singulation, flip chip binder, molding, trim and form, marking, inspection, pick and place, attach and detach, and PCB equipment. Laser Application Processes comprises laser marking, laser ablation, laser cutting and singulation as well as reel to reel laser. PV and LED offer equipment including PV brick IR inspection, PV wafer inspection, LED manual mold, among others.

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