Choong Ang Vaccine Laboratory Co (XKRX:072020) Change In Inventory : ₩-529 Mil (TTM As of Mar. 2024)

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What is Choong Ang Vaccine Laboratory Co Change In Inventory?

Choong Ang Vaccine Laboratory Co's change in inventory for the quarter that ended in Mar. 2024 was ₩-608 Mil. It means Choong Ang Vaccine Laboratory Co's inventory increased by ₩608 Mil from Dec. 2023 to Mar. 2024 .

Choong Ang Vaccine Laboratory Co's change in inventory for the fiscal year that ended in Dec. 2023 was ₩-524 Mil. It means Choong Ang Vaccine Laboratory Co's inventory increased by ₩524 Mil from Dec. 2022 to Dec. 2023 .

Choong Ang Vaccine Laboratory Co's Total Inventories for the quarter that ended in Mar. 2024 was ₩18,744 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Choong Ang Vaccine Laboratory Co's Days Inventory for the quarter that ended in Mar. 2024 was 308.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Choong Ang Vaccine Laboratory Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.30.

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. Choong Ang Vaccine Laboratory Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.64.

Choong Ang Vaccine Laboratory Co Change In Inventory Historical Data

The historical data trend for Choong Ang Vaccine Laboratory 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.

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Choong Ang Vaccine Laboratory Co Change In Inventory Chart

Choong Ang Vaccine Laboratory Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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899.50

-444.43

1,117.87

-3,259.57

-524.09

Choong Ang Vaccine Laboratory 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															-603.40	454.29	-1,252.62	877.65	-608.17

Choong Ang Vaccine Laboratory 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 ₩-529 Mil.

Choong Ang Vaccine Laboratory Co (XKRX:072020) Change In Inventory Explanation

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

Choong Ang Vaccine Laboratory 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
	=	18603.7245	/	5511.411	*	365 / 4
	=	308.01

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

Choong Ang Vaccine Laboratory Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5511.411	/	18603.7245
	=	0.30

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.

Choong Ang Vaccine Laboratory Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18603.7245	/	11340.259
	=	1.64

Choong Ang Vaccine Laboratory Co Change In Inventory Related Terms

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Choong Ang Vaccine Laboratory Co (XKRX:072020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Choong Ang Vaccine Laboratory Co Ltd (XKRX:072020) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

1476-37 Yongsan-dong, Yuseong-gu, Daejeon, KOR, 305-348

Website

http://www.cavac.co.kr

Choong Ang Vaccine Laboratory Co., Ltd. manufactures and markets vaccines for animals. The company specialized in vaccines for animals and is the largest one in Korea. The company has a solid financial structure.

Choong Ang Vaccine Laboratory Co (XKRX:072020) Headlines

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