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Neo Technical System Co (XKRX:085910) Change In Inventory : ₩1,028 Mil (TTM As of Dec. 2024)


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What is Neo Technical System Co Change In Inventory?

Neo Technical System Co's change in inventory for the quarter that ended in Dec. 2024 was ₩959 Mil. It means Neo Technical System Co's inventory declined by ₩959 Mil from Sep. 2024 to Dec. 2024 .

Neo Technical System Co's change in inventory for the fiscal year that ended in Dec. 2024 was ₩1,028 Mil. It means Neo Technical System Co's inventory declined by ₩1,028 Mil from Dec. 2023 to Dec. 2024 .

Neo Technical System Co's Total Inventories for the quarter that ended in Dec. 2024 was ₩14,513 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Neo Technical System Co's Days Inventory for the quarter that ended in Dec. 2024 was 166.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Neo Technical System Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.55.

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. Neo Technical System Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.28.


Neo Technical System Co Change In Inventory Historical Data

The historical data trend for Neo Technical System 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.

Neo Technical System Co Change In Inventory Chart

Neo Technical System Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 197.03 -5,472.21 -7,049.36 1,329.55 1,027.82

Neo Technical System Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 865.86 372.77 -552.37 248.01 959.41

Neo Technical System 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩1,028 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.


Neo Technical System Co  (XKRX:085910) Change In Inventory Explanation

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

Neo Technical System 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
=15023.5365/8216.759*365 / 4
=166.84

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

Neo Technical System Co's Inventory Turnover for the quarter that ended in Dec. 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.

Neo Technical System Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=15023.5365 / 11776.094
=1.28

* 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.


Neo Technical System Co Change In Inventory Related Terms

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Neo Technical System Co Business Description

Traded in Other Exchanges
N/A
Address
Dugyo Industrial Complex 38-9, Yongdae-gil, Juksan-myeon, Gyeonggi-do, Anseong-si, KOR, 456-891
Neo Technical System Co Ltd is a South Korea based company engaged in manufacturing and selling micro drill and router products in Korea. The company's products include micro bit products, such as micro drill bits, router bits, and end mills; and various whirling shaft products.

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