WBTN (Webtoon Entertainment) Inventory Turnover : 0.00 (As of Dec. 2024)

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What is Webtoon Entertainment Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Webtoon Entertainment's Cost of Goods Sold for the three months ended in Dec. 2024 was $271 Mil. Webtoon Entertainment's Average Total Inventories for the quarter that ended in Dec. 2024 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Webtoon Entertainment's Days Inventory for the three months ended in Dec. 2024 was 0.00.

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. Webtoon Entertainment's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

Webtoon Entertainment Inventory Turnover Historical Data

The historical data trend for Webtoon Entertainment's Inventory Turnover 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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Webtoon Entertainment Inventory Turnover Chart

Webtoon Entertainment Annual Data

Trend

Dec22

Dec23

Dec24

Inventory Turnover

256.24

313.71

Webtoon Entertainment Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial				-	-	-	-	-

Webtoon Entertainment Inventory Turnover Calculation

Webtoon Entertainment's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	1009.41	/ (	(0	+	0)	/	1 )
=	1009.41	/	0
=	N/A

Webtoon Entertainment's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	270.576	/ (	(0	+	0)	/	1 )
=	270.576	/	0
=	N/A

Webtoon Entertainment (NAS:WBTN) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Webtoon Entertainment's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	0	/	270.576	*	365 / 4
	=	0.00

2. 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.

Webtoon Entertainment's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	0	/	352.847
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Webtoon Entertainment Inventory Turnover Related Terms

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Webtoon Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Webtoon Entertainment Inc (NAS:WBTN) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

5700 Wilshire Boulevard, Suite 220, Los Angeles, CA, USA, 90036

Website

https://www.webtoons.com

Webtoon Entertainment Inc is a storytelling platform where a vibrant community of creators and users discover, create and share new content. It has pioneered a cultural movement by revolutionizing the storytelling format and democratizing content creation and publication connecting 24 million creators with approximately 170 million monthly active users in over 150 countries around the world.