Hansae Yes24 Holdings Co (XKRX:016450) Inventory Turnover : 1.25 (As of Mar. 2024)

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What is Hansae Yes24 Holdings 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. Hansae Yes24 Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩506,970 Mil. Hansae Yes24 Holdings Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩406,218 Mil. Hansae Yes24 Holdings Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hansae Yes24 Holdings Co's Days Inventory for the three months ended in Mar. 2024 was 73.12.

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. Hansae Yes24 Holdings Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.60.

Hansae Yes24 Holdings Co Inventory Turnover Historical Data

The historical data trend for Hansae Yes24 Holdings 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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Hansae Yes24 Holdings Co Inventory Turnover Chart

Hansae Yes24 Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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5.09

5.53

4.56

5.11

4.79

Hansae Yes24 Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.14	1.13	1.40	1.21	1.25

Hansae Yes24 Holdings Co Inventory Turnover Calculation

Hansae Yes24 Holdings 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 )
=	2079764.908	/ (	(465507.955	+	402756.528)	/	2 )
=	2079764.908	/	434132.2415
=	4.79

Hansae Yes24 Holdings Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	506970.148	/ (	(402756.528	+	409679.579)	/	2 )
=	506970.148	/	406218.0535
=	1.25

Hansae Yes24 Holdings Co (XKRX:016450) 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.

Hansae Yes24 Holdings Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	406218.0535	/	506970.148	*	365 / 4
	=	73.12

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.

Hansae Yes24 Holdings Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	406218.0535	/	672903.289
	=	0.60

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.

Hansae Yes24 Holdings Co Inventory Turnover Related Terms

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Hansae Yes24 Holdings Co (XKRX:016450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hansae Yes24 Holdings Co Ltd (XKRX:016450) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

30, Bank-ro, Yeongdeungpo-gu, 6th Floor, Small and Medium Business Hall, Seoul, KOR, 07242

Website

http://www.hansaeyes24.com

Hansae Yes24 Holdings Co Ltd. through its subsidiaries is engaged in the manufacture and sale of knitted clothing and apparels. The company produces shirts, formal dress, and casual wears. It also offers cardigan, suits, jackets, knitted blouses, coats, nightwear, skirts, and other related products. In addition, it is also involved in the sale of various cultural products, such as DVDs, gifts, theater tickets, and publishing of textbooks, as well as the provision of digital content services. All the business activity of the group is operated through Korea and the products are distributed within Korean and to overseas market.

Hansae Yes24 Holdings Co (XKRX:016450) Headlines

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