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Shin Hwa Dynamics Co (XKRX:001770) Change In Inventory : ₩3,361 Mil (TTM As of Mar. 2024)


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What is Shin Hwa Dynamics Co Change In Inventory?

Shin Hwa Dynamics Co's change in inventory for the quarter that ended in Mar. 2024 was ₩4,722 Mil. It means Shin Hwa Dynamics Co's inventory declined by ₩4,722 Mil from Dec. 2023 to Mar. 2024 .

Shin Hwa Dynamics Co's change in inventory for the fiscal year that ended in Dec. 2023 was ₩-7,980 Mil. It means Shin Hwa Dynamics Co's inventory increased by ₩7,980 Mil from Dec. 2022 to Dec. 2023 .

Shin Hwa Dynamics Co's Total Inventories for the quarter that ended in Mar. 2024 was ₩27,196 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shin Hwa Dynamics Co's Days Inventory for the quarter that ended in Mar. 2024 was 103.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shin Hwa Dynamics Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.89.

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. Shin Hwa Dynamics Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.18.


Shin Hwa Dynamics Co Change In Inventory Historical Data

The historical data trend for Shin Hwa Dynamics 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.

Shin Hwa Dynamics Co Change In Inventory Chart

Shin Hwa Dynamics 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 -562.68 4,246.92 -3,947.19 -8,956.30 -7,979.94

Shin Hwa Dynamics 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 -6,618.40 3,590.32 470.19 -5,422.04 4,722.18

Shin Hwa Dynamics 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 ₩3,361 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.


Shin Hwa Dynamics Co  (XKRX:001770) Change In Inventory Explanation

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

Shin Hwa Dynamics 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
=29375.8255/26007.061*365 / 4
=103.07

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

Shin Hwa Dynamics 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.

Shin Hwa Dynamics Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=29375.8255 / 24945.194
=1.18

* 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.


Shin Hwa Dynamics Co Change In Inventory Related Terms

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Shin Hwa Dynamics Co (XKRX:001770) Business Description

Traded in Other Exchanges
N/A
Address
661-4, Shiwa Industrial Complex, 706, 4Da, Seonggok-dong, Ansan-shi, Gyeonggi, KOR, 425-110
Shin Hwa Dynamics Co Ltd formerly Shinhwa Silup Co Ltd is a South Korea-based company engaged in the manufacturing of tin plates. It mainly produces tin plates, which are used for a variety of food and beverage cans, including food cans, paint cans, oil cans, drug cans, and others. The company also provides black plate coils, which are cold rolled tin steel plates used as raw materials of tin plates.

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