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Kumho Tire Co (LSE:KHTC) Change In Inventory : $5 Mil (TTM As of Mar. 2024)


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What is Kumho Tire Co Change In Inventory?

Kumho Tire Co's change in inventory for the quarter that ended in Mar. 2024 was $-11 Mil. It means Kumho Tire Co's inventory increased by $11 Mil from Dec. 2023 to Mar. 2024 .

Kumho Tire Co's change in inventory for the fiscal year that ended in Dec. 2023 was $87 Mil. It means Kumho Tire Co's inventory declined by $87 Mil from Dec. 2022 to Dec. 2023 .

Kumho Tire Co's Total Inventories for the quarter that ended in Mar. 2024 was $567 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kumho Tire Co's Days Inventory for the quarter that ended in Mar. 2024 was 93.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kumho Tire Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.97.

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. Kumho Tire Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.71.


Kumho Tire Co Change In Inventory Historical Data

The historical data trend for Kumho Tire Co'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.

* Premium members only.

Kumho Tire Co Change In Inventory Chart

Kumho Tire Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.77 7.59 -151.84 -147.50 87.34

Kumho Tire Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.08 10.14 9.08 -3.20 -10.74

Kumho Tire Co 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 $5 Mil.

* 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.


Kumho Tire Co  (LSE:KHTC) Change In Inventory Explanation

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

Kumho Tire Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=560.1645/545.19*365 / 4
=93.76

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

Kumho Tire Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

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.

Kumho Tire Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

* 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.


Kumho Tire Co Change In Inventory Related Terms

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Kumho Tire Co (LSE:KHTC) Business Description

Traded in Other Exchanges
Address
Kumho Asiana Main Building, 115 Sinmunro 1-Ga, Jongno-Gu, Seoul, KOR
Kumho Tire Co Inc is a global tire company originally from South Korea. The company offers car tires, light truck and SUV tires, competition racing tires, and medium commercial truck tires. The company has manufacturing facilities and plants in South Korea, China, Vietnam, and the United States.

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