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Hanwha Galleria Co (XKRX:452260) Inventory Turnover : 1.03 (As of Mar. 2024)


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What is Hanwha Galleria 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. Hanwha Galleria Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩32,816 Mil. Hanwha Galleria Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩31,765 Mil. Hanwha Galleria Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hanwha Galleria Co's Days Inventory for the three months ended in Mar. 2024 was 88.33.

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. Hanwha Galleria Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.26.

Hanwha Galleria Co Inventory Turnover Historical Data

The historical data trend for Hanwha Galleria 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.

Hanwha Galleria Co Inventory Turnover Chart

Hanwha Galleria Co Annual Data
Trend
Inventory Turnover

Hanwha Galleria Co Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover 0.26 0.71 0.97 1.66 1.03

Hanwha Galleria Co Inventory Turnover Calculation

Hanwha Galleria Co's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

Inventory Turnover (A: . 20 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: . 20 ) / ((Total Inventories (A: . 20 ) + Total Inventories (A: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

Hanwha Galleria 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 )
=32816.497 / ((31241.312 + 32288.051) / 2 )
=32816.497 / 31764.6815
=1.03

* 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.

Hanwha Galleria Co  (XKRX:452260) 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.

Hanwha Galleria 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
=31764.6815/32816.497*365 / 4
=88.33

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.

Hanwha Galleria 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 )
=31764.6815 / 122125.96
=0.26

* 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.

Hanwha Galleria Co Inventory Turnover Related Terms

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Hanwha Galleria Co (XKRX:452260) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hanwha Galleria Co Ltd (XKRX:452260) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
50, 63-ro, Yeongdeungpo-gu, 2nd and 3rd Floors, 63 Hanwha Life Insurance Building Annex, Yeouido-dong, Seoul, KOR
Website
https://www.hanwhagalleria.co.kr
Hanwha Galleria Co Ltd operates as a distribution service company. It currently has approximately five branches: Seoul Luxury Hall, Gwanggyo Branch, Daejeon Time World, Cheonan Center City, and Jinju Branch. It operates luxury department stores. It is providing a variety of trend-setting products and differentiated food culture content.

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