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Samsung Heavy Industries Co (XKRX:010140) Inventory Turnover : 3.51 (As of Dec. 2024)


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What is Samsung Heavy Industries 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. Samsung Heavy Industries Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩2,404,749 Mil. Samsung Heavy Industries Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ₩685,788 Mil. Samsung Heavy Industries Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 3.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Samsung Heavy Industries Co's Days Inventory for the three months ended in Dec. 2024 was 26.02.

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. Samsung Heavy Industries Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.25.


Samsung Heavy Industries Co Inventory Turnover Historical Data

The historical data trend for Samsung Heavy Industries 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.

* Premium members only.

Samsung Heavy Industries Co Inventory Turnover Chart

Samsung Heavy Industries Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.52 4.47 4.19 4.46 8.23

Samsung Heavy Industries 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.25 1.51 2.22 2.30 3.51

Samsung Heavy Industries Co Inventory Turnover Calculation

Samsung Heavy Industries 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 )
=8982515.873 / ((1729150.315 + 452452.892) / 2 )
=8982515.873 / 1090801.6035
=8.23

Samsung Heavy Industries 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 )
=2404748.534 / ((919122.626 + 452452.892) / 2 )
=2404748.534 / 685787.759
=3.51

* 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.


Samsung Heavy Industries Co  (XKRX:010140) 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.

Samsung Heavy Industries 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
=685787.759/2404748.534*365 / 4
=26.02

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.

Samsung Heavy Industries 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 )
=685787.759 / 2700371.021
=0.25

* 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.


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.


Samsung Heavy Industries Co Inventory Turnover Related Terms

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Samsung Heavy Industries Co Business Description

Traded in Other Exchanges
N/A
Address
Samsung Life Insurance Seocho Tower, 1321-15, Seocho-Dong, Seoul, KOR, 137-955
Samsung Heavy Industries Co Ltd is a South Korean-based shipbuilding and construction company. Its area of operations divides into Shipbuilding, Offshore Drilling and Production, and Power and Control Systems. SHI's Shipbuilding operation includes hull construction, block assembly, and outfitting. Offshore Drilling and Production division incorporates FPSO, drill ships, fixed offshore platforms, and floating offshore platforms. Its Power and Control Systems division develops and supplies automated navigation, ballast water processing system and LNG storage and supply, and regasification. Business operations of the company are functioned through China, America, Middle East, Africa, Europe and Asia.

Samsung Heavy Industries Co Headlines

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