GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Seoul Auction Co Ltd (XKRX:063170) » Definitions » Change In Inventory

Seoul Auction Co (XKRX:063170) Change In Inventory : ₩13,262 Mil (TTM As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Seoul Auction Co Change In Inventory?

Seoul Auction Co's change in inventory for the quarter that ended in Mar. 2024 was ₩0 Mil. It means Seoul Auction Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Seoul Auction Co's change in inventory for the fiscal year that ended in Dec. 2023 was ₩13,262 Mil. It means Seoul Auction Co's inventory declined by ₩13,262 Mil from Dec. 2022 to Dec. 2023 .

Seoul Auction Co's Total Inventories for the quarter that ended in Mar. 2024 was ₩0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Seoul Auction Co's Days Inventory for the quarter that ended in Mar. 2024 was 701.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Seoul Auction Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.13.

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. Seoul Auction Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 4.03.


Seoul Auction Co Change In Inventory Historical Data

The historical data trend for Seoul Auction 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.

Seoul Auction Co Change In Inventory Chart

Seoul Auction Co 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 -2,738.03 -10,839.62 -1,915.66 -15,800.91 13,261.80

Seoul Auction Co 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 8,396.23 1,208.28 6,101.08 -2,443.79 -

Seoul Auction 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩13,262 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.


Seoul Auction Co  (XKRX:063170) Change In Inventory Explanation

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

Seoul Auction 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
=35718.1105/4644.262*365 / 4
=701.79

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

Seoul Auction Co'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.

Seoul Auction Co'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.


Seoul Auction Co Change In Inventory Related Terms

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


Seoul Auction Co (XKRX:063170) Business Description

Traded in Other Exchanges
N/A
Address
98, Pyeongchang-dong, Jongno-gu, SEOUL, KOR, 110-846
Seoul Auction Co Ltd is a Korea-based company engaged in the art auction business. Its services include exhibition curating, rental of space, art storage, corporate artworks, art collateral loans, academy, and valuation of Chinese art.

Seoul Auction Co (XKRX:063170) Headlines

No Headlines