Kyung Dong Navien Co (XKRX:009450) Inventory Turnover : 0.68 (As of Dec. 2023)

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What is Kyung Dong Navien 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. Kyung Dong Navien Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩214,301 Mil. Kyung Dong Navien Co's Average Total Inventories for the quarter that ended in Dec. 2023 was ₩315,112 Mil. Kyung Dong Navien Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kyung Dong Navien Co's Days Inventory for the three months ended in Dec. 2023 was 134.18.

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. Kyung Dong Navien Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.84.

Kyung Dong Navien Co Inventory Turnover Historical Data

The historical data trend for Kyung Dong Navien 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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Kyung Dong Navien Co Inventory Turnover Chart

Kyung Dong Navien Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.54

3.39

3.11

2.41

2.25

Kyung Dong Navien Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.58	0.54	0.50	0.52	0.68

Kyung Dong Navien Co Inventory Turnover Calculation

Kyung Dong Navien 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 )
=	690334.353	/ (	(311939.316	+	300744.11)	/	2 )
=	690334.353	/	306341.713
=	2.25

Kyung Dong Navien Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	214301.072	/ (	(329480.795	+	300744.11)	/	2 )
=	214301.072	/	315112.4525
=	0.68

Kyung Dong Navien Co (XKRX:009450) 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.

Kyung Dong Navien Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	315112.4525	/	214301.072	*	365 / 4
	=	134.18

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.

Kyung Dong Navien Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	315112.4525	/	375331.98
	=	0.84

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.

Kyung Dong Navien Co Inventory Turnover Related Terms

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Kyung Dong Navien Co (XKRX:009450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kyung Dong Navien Co Ltd (XKRX:009450) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Gukhoe-daero 76-gil, 2nd-7th floors, 22, Yeongdeungpo-gu, Seoul, KOR

Website

https://www.kdnavien.co.kr

Kyung Dong Navien Co Ltd is one of the leading company in home comfort systems. It is mainly engaged in the manufacturing and distribution of boilers and condensing water heating products. Its product portfolio comprises water heater, air conditioning, home network, zone control system, and climate control. The products are exported to the Europe, China, Russia, North America, South America and Asia Continent Countries.

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