Kukdo Chemical Co (XKRX:007690) Inventory Turnover : 1.28 (As of Dec. 2024)

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What is Kukdo Chemical 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. Kukdo Chemical Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩274,128 Mil. Kukdo Chemical Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ₩213,516 Mil. Kukdo Chemical Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kukdo Chemical Co's Days Inventory for the three months ended in Dec. 2024 was 71.07.

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. Kukdo Chemical Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.65.

Kukdo Chemical Co Inventory Turnover Historical Data

The historical data trend for Kukdo Chemical 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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Kukdo Chemical Co Inventory Turnover Chart

Kukdo Chemical Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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7.72

6.22

4.91

4.68

5.15

Kukdo Chemical Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															1.28	1.18	1.29	1.29	1.28

Kukdo Chemical Co Inventory Turnover Calculation

Kukdo Chemical 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 )
=	1092404.981	/ (	(213377.226	+	211231.004)	/	2 )
=	1092404.981	/	212304.115
=	5.15

Kukdo Chemical Co'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 )
=	274127.914	/ (	(215800.31	+	211231.004)	/	2 )
=	274127.914	/	213515.657
=	1.28

Kukdo Chemical Co (XKRX:007690) 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.

Kukdo Chemical Co'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
	=	213515.657	/	274127.914	*	365 / 4
	=	71.07

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.

Kukdo Chemical Co'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 )
	=	213515.657	/	326477.345
	=	0.65

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.

Kukdo Chemical Co Inventory Turnover Related Terms

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Kukdo Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kukdo Chemical Co Ltd (XKRX:007690) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

61, Gasan Digital 2-ro, Geumcheon-gu, Seoul, KOR

Website

http://www.kukdo.com

Kukdo Chemical Co Ltd is a Korea-based company, engaged in the manufacture and sale of epoxy and polyamide resins. The company operates in two segments: epoxy segment and polyol segment. The epoxy segment specializes in the development of epoxy resin products including brominated epoxy resin, non-halogen flames retardant epoxy and others used in paints, electrical and electronic parts, aerospace and information technology. The polyol segment offers coating polyols, adhesive polyols, sealant polyols, rigid polyols and others used as building insulation materials, automobile interior materials, waterproofs, adhesives and so on. The group distributes its product within the Korean and overseas markets.

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