Daewon Cable Co (XKRX:006345.PFD) Inventory Turnover : 2.27 (As of Mar. 2025)

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What is Daewon Cable 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. Daewon Cable Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ₩137,229.42 Mil. Daewon Cable Co's Average Total Inventories for the quarter that ended in Mar. 2025 was ₩60,344.27 Mil. Daewon Cable Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 2.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Daewon Cable Co's Days Inventory for the three months ended in Mar. 2025 was 40.13.

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. Daewon Cable Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.40.

Daewon Cable Co Inventory Turnover Historical Data

The historical data trend for Daewon Cable 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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Daewon Cable Co Inventory Turnover Chart

Daewon Cable Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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13.86

16.16

15.65

11.60

11.20

Daewon Cable Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															2.34	2.47	2.11	2.37	2.27

Daewon Cable Co Inventory Turnover Calculation

Daewon Cable Co'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 )
=	520652.537	/ (	(45331.836	+	47637.767)	/	2 )
=	520652.537	/	46484.8015
=	11.20

Daewon Cable Co's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	137229.416	/ (	(47637.767	+	73050.769)	/	2 )
=	137229.416	/	60344.268
=	2.27

Daewon Cable Co (XKRX:006345.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.

Daewon Cable Co's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	60344.268	/	137229.416	*	365 / 4
	=	40.13

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.

Daewon Cable Co's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	60344.268	/	151266.934
	=	0.40

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.

Daewon Cable Co Inventory Turnover Related Terms

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Daewon Cable Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Daewon Cable Co Ltd (XKRX:006345.PFD) » Definitions » Inventory Turnover

Traded in Other Exchanges

006340:Korea

Address

92, Hoeumdeokryeong-gil, Godeok-myeon, Yesan-gun, Chungnam, KOR, 340-934

Website

http://www.dwcable.com

Daewon Cable Co Ltd is a cable manufacturing company that produces and distributes power cables, communication cables, optical communication cables, automobile cables, irradiation cables and UL cables. It has manufacturing plant in Chungnam Yesan and supplies products suitable for each country in domestic market as well as Asia, Oceania, Africa and America based on its sales branches in Seoul, Daejeon, Daegu, Gwangju and Busan.

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