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Taekwang Industrial Co (XKRX:003240) Change In Inventory : ₩2,805 Mil (TTM As of Mar. 2025)


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What is Taekwang Industrial Co Change In Inventory?

Taekwang Industrial Co's change in inventory for the quarter that ended in Mar. 2025 was ₩0 Mil. It means Taekwang Industrial Co's inventory stayed the same from Dec. 2024 to Mar. 2025 .

Taekwang Industrial Co's change in inventory for the fiscal year that ended in Dec. 2024 was ₩2,805 Mil. It means Taekwang Industrial Co's inventory declined by ₩2,805 Mil from Dec. 2023 to Dec. 2024 .

Taekwang Industrial Co's Total Inventories for the quarter that ended in Mar. 2025 was ₩0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taekwang Industrial Co's Days Inventory for the quarter that ended in Mar. 2025 was 14.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Taekwang Industrial Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 6.14.

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. Taekwang Industrial Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.15.


Taekwang Industrial Co Change In Inventory Historical Data

The historical data trend for Taekwang Industrial 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.

Taekwang Industrial Co Change In Inventory Chart

Taekwang Industrial Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65,839.79 -90,174.85 -43,590.67 92,469.66 2,805.31

Taekwang Industrial Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2,356.04 -9,606.77 8,014.47 2,041.56 -

Taekwang Industrial 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩2,805 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.


Taekwang Industrial Co  (XKRX:003240) Change In Inventory Explanation

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

Taekwang Industrial 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
=74191.809/455329.996*365 / 4
=14.87

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

Taekwang Industrial Co's Inventory Turnover for the quarter that ended in Mar. 2025 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.

Taekwang Industrial Co's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=74191.809 / 507500.781
=0.15

* 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.


Taekwang Industrial Co Change In Inventory Related Terms

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Taekwang Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
162-1 Jangchung-dong 2-Ga, Jung-gu, Seoul, KOR, 100-392
Taekwang Industrial Co Ltd functions basically in the oil & gas industry in Korea. Its scope of business includes petrochemical products, fibers, and textiles. Its petrochemicals include purified terephthalic acid (PTA), propylene, acrylonitrile, sodium cyanide. The company's fiber products derived from its chemicals include acrylic fibers, nylons, spandex, spun yarns, worsted fabrics, cotton fabrics. Apart from its core business, the company also ventures into property renting and broadcast communication businesses.

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