Shinwha Intertek (XKRX:056700) Change In Inventory : ₩-17,289 Mil (TTM As of Mar. 2024)

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What is Shinwha Intertek Change In Inventory?

Shinwha Intertek's change in inventory for the quarter that ended in Mar. 2024 was ₩-16,221 Mil. It means Shinwha Intertek's inventory increased by ₩16,221 Mil from Dec. 2023 to Mar. 2024 .

Shinwha Intertek's change in inventory for the fiscal year that ended in Dec. 2023 was ₩-1,995 Mil. It means Shinwha Intertek's inventory increased by ₩1,995 Mil from Dec. 2022 to Dec. 2023 .

Shinwha Intertek's Total Inventories for the quarter that ended in Mar. 2024 was ₩48,549 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shinwha Intertek's Days Inventory for the quarter that ended in Mar. 2024 was 70.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shinwha Intertek's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.30.

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. Shinwha Intertek's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.71.

Shinwha Intertek Change In Inventory Historical Data

The historical data trend for Shinwha Intertek'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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Shinwha Intertek Change In Inventory Chart

Shinwha Intertek Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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4,089.38

-9,388.56

-4,606.37

-4,121.55

-1,995.39

Shinwha Intertek 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															-927.22	-1,194.17	-3,814.48	3,940.47	-16,220.53

Shinwha Intertek 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 ₩-17,289 Mil.

Shinwha Intertek (XKRX:056700) Change In Inventory Explanation

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

Shinwha Intertek's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	40791.8515	/	52877.29	*	365 / 4
	=	70.39

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

Shinwha Intertek's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	52877.29	/	40791.8515
	=	1.30

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.

Shinwha Intertek's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	40791.8515	/	57369.173
	=	0.71

Shinwha Intertek Change In Inventory Related Terms

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Shinwha Intertek (XKRX:056700) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shinwha Intertek Corp (XKRX:056700) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

308, Seongbong-ro, Byeongcheon-myeon, Dongnam-gu, Cheonan, KOR

Website

http://www.shinwha.com

Shinwha Intertek Corp operates in the specialty chemicals industry in South Korea. The provides solutions like optical film for smart sheet, prism sheet, micro lens sheet, and reflector sheet, and diffusor sheet.

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