GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Genie Music Corp (XKRX:043610) » Definitions » Change In Inventory

Genie Music (XKRX:043610) Change In Inventory : ₩702 Mil (TTM As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Genie Music Change In Inventory?

Genie Music's change in inventory for the quarter that ended in Mar. 2024 was ₩-114 Mil. It means Genie Music's inventory increased by ₩114 Mil from Dec. 2023 to Mar. 2024 .

Genie Music's change in inventory for the fiscal year that ended in Dec. 2023 was ₩854 Mil. It means Genie Music's inventory declined by ₩854 Mil from Dec. 2022 to Dec. 2023 .

Genie Music's Total Inventories for the quarter that ended in Mar. 2024 was ₩326 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Genie Music's Days Inventory for the quarter that ended in Mar. 2024 was 0.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Genie Music's Inventory Turnover for the quarter that ended in Mar. 2024 was 177.73.

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. Genie Music's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.


Genie Music Change In Inventory Historical Data

The historical data trend for Genie Music'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.

Genie Music Change In Inventory Chart

Genie Music 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 21.64 217.03 120.75 72.71 853.54

Genie Music 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 37.58 52.43 -252.63 1,016.16 -113.67

Genie Music 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 ₩702 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.


Genie Music  (XKRX:043610) Change In Inventory Explanation

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

Genie Music's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=284.7175/50602.76*365 / 4
=0.51

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

Genie Music'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.

Genie Music'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.


Genie Music Change In Inventory Related Terms

Thank you for viewing the detailed overview of Genie Music's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Genie Music (XKRX:043610) Business Description

Traded in Other Exchanges
N/A
Address
Yeongdong Daero Road, Gangnam-gu, Seoul, KOR
Genie Music Corp is engaged in wired and wireless Internet music services, content planning, and distribution businesses in South Korea.

Genie Music (XKRX:043610) Headlines

No Headlines