KIS Wire (XKRX:002240) Change In Inventory : ₩-27,185 Mil (TTM As of Dec. 2024)

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What is KIS Wire Change In Inventory?

KIS Wire's change in inventory for the quarter that ended in Dec. 2024 was ₩25,852 Mil. It means KIS Wire's inventory declined by ₩25,852 Mil from Sep. 2024 to Dec. 2024 .

KIS Wire's change in inventory for the fiscal year that ended in Dec. 2024 was ₩-27,185 Mil. It means KIS Wire's inventory increased by ₩27,185 Mil from Dec. 2023 to Dec. 2024 .

KIS Wire's Total Inventories for the quarter that ended in Dec. 2024 was ₩423,664 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. KIS Wire's Days Inventory for the quarter that ended in Dec. 2024 was 102.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. KIS Wire's Inventory Turnover for the quarter that ended in Dec. 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. KIS Wire's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.00.

KIS Wire Change In Inventory Historical Data

The historical data trend for KIS Wire'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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KIS Wire Change In Inventory Chart

KIS Wire Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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61,857.00

-104,377.00

-15,413.00

23,930.00

-27,185.00

KIS Wire Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Inventory	Get a 7-Day Free Trial															23,963.00	-15,800.00	-13,822.00	-23,415.00	25,852.00

KIS Wire 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-27,185 Mil.

KIS Wire (XKRX:002240) Change In Inventory Explanation

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

KIS Wire's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	429323.222	/	381699.503	*	365 / 4
	=	102.64

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

KIS Wire's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	381699.503	/	429323.222
	=	0.89

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.

KIS Wire's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	429323.222	/	431253.099
	=	1.00

KIS Wire Change In Inventory Related Terms

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KIS Wire Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » KIS Wire Ltd (XKRX:002240) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

37, Gurak-ro 141beon-gil, Suyeong-gu, Busan, KOR

Website

http://www.kiswire.com

KIS Wire Ltd is in the business of manufacturing secondary steel products such as wire and wire ropes. Its products include oil tempered wire, spring wire, tire reinforcement, house wire, bridge cable, galvanized steel wire, computer wire, wire rope, superconductive wire, etc. The company mainly operates in Korea, Malaysia, and China. It sells its products to automotive, construction, machinery, bridge, energy, fishing and semi-conductor industries.

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