Asiana Airlines (XKRX:020560) Change In Inventory : ₩-2,623 Mil (TTM As of Sep. 2024)

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What is Asiana Airlines Change In Inventory?

Asiana Airlines's change in inventory for the quarter that ended in Sep. 2024 was ₩-6,076 Mil. It means Asiana Airlines's inventory increased by ₩6,076 Mil from Jun. 2024 to Sep. 2024 .

Asiana Airlines's change in inventory for the fiscal year that ended in Dec. 2023 was ₩-32,285 Mil. It means Asiana Airlines's inventory increased by ₩32,285 Mil from Dec. 2022 to Dec. 2023 .

Asiana Airlines's Total Inventories for the quarter that ended in Sep. 2024 was ₩254,551 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asiana Airlines's Days Inventory for the quarter that ended in Sep. 2024 was 12.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asiana Airlines's Inventory Turnover for the quarter that ended in Sep. 2024 was 7.25.

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. Asiana Airlines's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.12.

Asiana Airlines Change In Inventory Historical Data

The historical data trend for Asiana Airlines'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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Asiana Airlines Change In Inventory Chart

Asiana Airlines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-31,178.18

26,911.30

6,308.87

-31,981.53

-32,284.73

Asiana Airlines Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-37,558.64	26,850.70	-13,752.60	-9,645.48	-6,075.51

Asiana Airlines 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-2,623 Mil.

Asiana Airlines (XKRX:020560) Change In Inventory Explanation

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

Asiana Airlines's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	252629.306	/	1830816.48	*	365 / 4
	=	12.59

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

Asiana Airlines's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1830816.48	/	252629.306
	=	7.25

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.

Asiana Airlines's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	252629.306	/	2177274.236
	=	0.12

Asiana Airlines Change In Inventory Related Terms

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Asiana Airlines Business Description

Industry

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Address

Asiana Town KangseoNo 47, PO Box 98 Osae-Dong, Kangseo-ku, Seoul, KOR, 157-731

Website

http://www.flyasiana.com

Asiana Airlines Inc is one of South Korea's major airlines. It generates revenue by transporting passengers, cargo, and by providing supplementary services related to airlines and travel industries. The company offers many different classes, or cabin experiences, for each flight. A customer may purchase tickets, check the flight status, check-in, and order/confirm other amenities on the company's website. Only a small portion of revenue is derived from domestic passengers (South Korea), with international passengers and carrying cargo constituting a majority. The majority of Asiana's revenue is from routes conducted throughout Asia.

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