Woori Financial Group (FRA:2WGA) Change In Inventory : €0 Mil (TTM As of Mar. 2024)

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What is Woori Financial Group Change In Inventory?

Woori Financial Group's change in inventory for the quarter that ended in Mar. 2024 was €0 Mil. It means Woori Financial Group's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Woori Financial Group's change in inventory for the fiscal year that ended in Dec. 2023 was €0 Mil. It means Woori Financial Group's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Woori Financial Group's Total Inventories for the quarter that ended in Mar. 2024 was €0 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Woori Financial Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Woori Financial Group Change In Inventory Historical Data

The historical data trend for Woori Financial Group's Change In Inventory 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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Woori Financial Group Change In Inventory Chart

Woori Financial Group Annual Data

Trend

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Change In Inventory

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Woori Financial Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Woori Financial Group Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

Woori Financial Group (FRA:2WGA) Change In Inventory Explanation

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

Woori Financial Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Woori Financial Group's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

3. 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.

Woori Financial Group's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	2114.737
	=	0.00

Woori Financial Group Change In Inventory Related Terms

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Woori Financial Group (FRA:2WGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Woori Financial Group Inc (FRA:2WGA) » Definitions » Change In Inventory

Traded in Other Exchanges

WF:USA 316140:Korea

Address

51, Sogong-ro, Jung-gu, Seoul, KOR, 04632

Website

https://www.woorifg.com

Woori is one of Korea's four largest commercial banking groups. It was formed in 2001 through the merger of several financially troubled banks affected by the Asian financial crisis and became temporarily 100% government-owned after a bailout. It had been the largest banking group by assets but is now number four after the government required the sale of a number of subsidiaries in 2014 in an effort to recoup taxpayer money. The government has completed the process of fully divesting itself of Woori, with Korea Deposit Insurance selling its final 1.2% stake in late 2023.

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