Korea Electric Terminal Co (XKRX:025540) Inventory Turnover : 1.12 (As of Dec. 2024)

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What is Korea Electric Terminal 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. Korea Electric Terminal Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩324,709 Mil. Korea Electric Terminal Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ₩290,756 Mil. Korea Electric Terminal Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Korea Electric Terminal Co's Days Inventory for the three months ended in Dec. 2024 was 81.71.

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. Korea Electric Terminal Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.75.

Korea Electric Terminal Co Inventory Turnover Historical Data

The historical data trend for Korea Electric Terminal 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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Korea Electric Terminal Co Inventory Turnover Chart

Korea Electric Terminal Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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6.41

5.96

4.90

4.34

4.46

Korea Electric Terminal 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															1.10	1.15	1.16	1.05	1.12

Korea Electric Terminal Co Inventory Turnover Calculation

Korea Electric Terminal 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 )
=	1220521.865	/ (	(255976.957	+	291258.024)	/	2 )
=	1220521.865	/	273617.4905
=	4.46

Korea Electric Terminal 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 )
=	324709.417	/ (	(290254.807	+	291258.024)	/	2 )
=	324709.417	/	290756.4155
=	1.12

Korea Electric Terminal Co (XKRX:025540) 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.

Korea Electric Terminal 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
	=	290756.4155	/	324709.417	*	365 / 4
	=	81.71

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.

Korea Electric Terminal 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 )
	=	290756.4155	/	388256.199
	=	0.75

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.

Korea Electric Terminal Co Inventory Turnover Related Terms

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Korea Electric Terminal Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Korea Electric Terminal Co Ltd (XKRX:025540) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

7-38, Yeonsu-gu, Incheon, KOR, 406-840

Website

http://www.ket.com

Korea Electric Terminal Co Ltd is a part of the electronic goods industry. The company engages in manufacturing connectors, which are an essential part of various electronic appliances. Its products are used in automobiles, light-emitting diodes, and other electronic products. Its products include automotive connectors for electrical systems in the automobile, connectors used for home appliances and LED frames. The product portfolio includes PCB connector, Joint connector, Terminal, Lighting connector, Mobile connector, Airbag sensor, LVDS connector, and others.

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