Neontech Co (XKRX:306620) Change In Inventory : ₩16,989 Mil (TTM As of Mar. 2024)

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What is Neontech Co Change In Inventory?

Neontech Co's change in inventory for the quarter that ended in Mar. 2024 was ₩20,317 Mil. It means Neontech Co's inventory declined by ₩20,317 Mil from Dec. 2023 to Mar. 2024 .

Neontech Co's change in inventory for the fiscal year that ended in Dec. 2023 was ₩205 Mil. It means Neontech Co's inventory declined by ₩205 Mil from Dec. 2022 to Dec. 2023 .

Neontech Co's Total Inventories for the quarter that ended in Mar. 2024 was ₩25,678 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Neontech Co's Days Inventory for the quarter that ended in Mar. 2024 was 87.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Neontech Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.04.

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. Neontech Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.78.

Neontech Co Change In Inventory Historical Data

The historical data trend for Neontech 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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Neontech Co Change In Inventory Chart

Neontech Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-3,869.70

3,262.57

-14,266.18

-393.50

204.91

Neontech 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															3,532.02	-2,061.41	-8,192.18	6,926.47	20,316.53

Neontech 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 ₩16,989 Mil.

Neontech Co (XKRX:306620) Change In Inventory Explanation

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

Neontech 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
	=	35533.957	/	37097.439	*	365 / 4
	=	87.40

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	37097.439	/	35533.957
	=	1.04

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	35533.957	/	45444.417
	=	0.78

Neontech Co Change In Inventory Related Terms

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Neontech Co (XKRX:306620) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Neontech Co Ltd (XKRX:306620) » Definitions » Change In Inventory

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Address

Gyeonggi Province Anyang Dongan rim 146, Gwanyang-dong, Neon Tech Building, Seoul, KOR, 14055

Website

http://www.neontech.co.kr

Neontech Co Ltd is a manufacturer of automation equipment, singulator for PCB / Semiconductor based on the accumulated high precision processing technology.

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