Okins Electronics Co (XKRX:080580) Change In Inventory : ₩-492 Mil (TTM As of Mar. 2024)

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What is Okins Electronics Co Change In Inventory?

Okins Electronics Co's change in inventory for the quarter that ended in Mar. 2024 was ₩-1,196 Mil. It means Okins Electronics Co's inventory increased by ₩1,196 Mil from Dec. 2023 to Mar. 2024 .

Okins Electronics Co's change in inventory for the fiscal year that ended in Dec. 2023 was ₩-388 Mil. It means Okins Electronics Co's inventory increased by ₩388 Mil from Dec. 2022 to Dec. 2023 .

Okins Electronics Co's Total Inventories for the quarter that ended in Mar. 2024 was ₩11,609 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Okins Electronics Co's Days Inventory for the quarter that ended in Mar. 2024 was 81.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Okins Electronics Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.12.

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. Okins Electronics Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.71.

Okins Electronics Co Change In Inventory Historical Data

The historical data trend for Okins Electronics 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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Okins Electronics Co Change In Inventory Chart

Okins Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-904.13

225.60

-658.22

-1,578.39

-388.38

Okins Electronics 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															-1,092.34	-1,197.94	-1,462.35	3,364.25	-1,196.36

Okins Electronics 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 ₩-492 Mil.

Okins Electronics Co (XKRX:080580) Change In Inventory Explanation

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

Okins Electronics 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
	=	11006.6095	/	12316.983	*	365 / 4
	=	81.54

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

Okins Electronics Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12316.983	/	11006.6095
	=	1.12

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.

Okins Electronics Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11006.6095	/	15582.503
	=	0.71

Okins Electronics Co Change In Inventory Related Terms

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Okins Electronics Co (XKRX:080580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Okins Electronics Co Ltd (XKRX:080580) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

13, Ojeongongeop-gil, 5th Floor, Gyeonggi-do, Uiwang-si, KOR, 16072

Website

http://www.okins.co.kr

Okins Electronics Co Ltd is a supplier of the device interface system. The company manufactures BiTS products for the applications to support device contacts for both memory and logic products. The business units of the organization include BiTS BU, Semiconductor BU and MEMS BU. The product line of the BiTS BU includes burn-in socket, test socket, memory module test socket, SSD module socket, spring probes and PION. Its semiconductor test service offers IC testing services for fabless design houses on test development and volume operation of wafer probing and package testing. The MEMS division is a solution-oriented department for manufacturing sockets for testing fine pitch packages.

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