Dongbu Hitek Co (XKRX:000997.PFD) Inventory Turnover : 2.53 (As of Sep. 2024)

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What is Dongbu Hitek Co 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. Dongbu Hitek Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩188,803.54 Mil. Dongbu Hitek Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ₩74,728.73 Mil. Dongbu Hitek Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dongbu Hitek Co's Days Inventory for the three months ended in Sep. 2024 was 36.12.

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. Dongbu Hitek Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.26.

Dongbu Hitek Co Inventory Turnover Historical Data

The historical data trend for Dongbu Hitek Co'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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Dongbu Hitek Co Inventory Turnover Chart

Dongbu Hitek Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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10.84

11.13

11.53

10.23

8.87

Dongbu Hitek Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															2.46	2.51	2.22	2.43	2.53

Dongbu Hitek Co Inventory Turnover Calculation

Dongbu Hitek Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	712204.457	/ (	(79031.92	+	81645.552)	/	2 )
=	712204.457	/	80338.736
=	8.87

Dongbu Hitek Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	188803.543	/ (	(74149.278	+	75308.187)	/	2 )
=	188803.543	/	74728.7325
=	2.53

Dongbu Hitek Co (XKRX:000997.PFD) 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.

Dongbu Hitek Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	74728.7325	/	188803.543	*	365 / 4
	=	36.12

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.

Dongbu Hitek Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	74728.7325	/	287793.118
	=	0.26

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.

Dongbu Hitek Co Inventory Turnover Related Terms

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Dongbu Hitek Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Dongbu Hitek Co Ltd (XKRX:000997.PFD) » Definitions » Inventory Turnover

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000990:Korea

Address

90, Sudo-ro, Gyeonggi-do, Bucheon-si, KOR, 135-523

Website

http://www.dbhitek.co.kr

DB HiTek Co Ltd operates foundry facilities for the semiconductor industry. It primarily builds fab system-large scale integration wafers used in signal processing chips. The company uses wafer processing technology to develop chip solutions for electronic products such as televisions, computers, mobile phones, and automobiles. Dongbu Hitek's facilities add value in the areas of analog, power, embedded flash, display driver integrated circuits and image sensors. Through a network of global sales offices and support centers, the company brings its services to North America, Europe, and Asia.

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