SK Innovation Co (XKRX:096775) Change In Inventory : ₩1,143,791 Mil (TTM As of Mar. 2024)

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What is SK Innovation Co Change In Inventory?

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

SK Innovation Co's change in inventory for the fiscal year that ended in Dec. 2023 was ₩1,143,791 Mil. It means SK Innovation Co's inventory declined by ₩1,143,791 Mil from Dec. 2022 to Dec. 2023 .

SK Innovation 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. SK Innovation Co's Days Inventory for the quarter that ended in Mar. 2024 was 29.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. SK Innovation Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.11.

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. SK Innovation Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.

SK Innovation Co Change In Inventory Historical Data

The historical data trend for SK Innovation 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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SK Innovation Co Change In Inventory Chart

SK Innovation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-67,012.00

2,634,816.00

-4,126,316.00

-4,315,261.00

1,143,791.00

SK Innovation 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															348,654.00	758,464.00	-1,806,337.00	1,843,010.00	-

SK Innovation 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 ₩1,143,791 Mil.

SK Innovation Co (XKRX:096775) Change In Inventory Explanation

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

SK Innovation 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
	=	5561329.5065	/	17312028.919	*	365 / 4
	=	29.31

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	17312028.919	/	5561329.5065
	=	3.11

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5561329.5065	/	18855139.067
	=	0.29

SK Innovation Co Change In Inventory Related Terms

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SK Innovation Co (XKRX:096775) Business Description

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Traded in Other Exchanges

096770:Korea

Address

SK Building, 26, Jong-ro, Jongno-gu, Seoul, KOR

Website

http://www.skinnovation.com

SK Innovation Co Ltd is a global energy and chemical company. It operates in petroleum production, refining, chemicals, and lubricants. Operations are divided into four segments: Petroleum, Petrochemicals, Lubricants, and Others. The Petroleum segment provides majority of the revenue for the group. SK engages in exploration and production activities around the world. Petroleum products like gasoline, diesel, and asphalt are produced at its refineries in Korea. The business has a network of gas stations with a paid membership service. Additional subsidiaries under the Petroleum segment provide customized service information for freight truck business operators and a website for enterprise customers of SK Energy.

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