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Samji Electronics Co (XKRX:037460) Inventory Turnover : 2.53 (As of Sep. 2024)


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What is Samji Electronics 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. Samji Electronics Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩793,840 Mil. Samji Electronics Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ₩314,334 Mil. Samji Electronics Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Samji Electronics Co's Days Inventory for the three months ended in Sep. 2024 was 36.13.

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. Samji Electronics Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.38.


Samji Electronics Co Inventory Turnover Historical Data

The historical data trend for Samji Electronics 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.

Samji Electronics Co Inventory Turnover Chart

Samji Electronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.98 18.65 14.96 11.00 9.13

Samji Electronics Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.16 2.81 2.70 2.48 2.53

Samji Electronics Co Inventory Turnover Calculation

Samji Electronics 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 )
=2391081.381 / ((292401.66 + 231144.581) / 2 )
=2391081.381 / 261773.1205
=9.13

Samji Electronics Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=793840.307 / ((315037.675 + 313630.24) / 2 )
=793840.307 / 314333.9575
=2.53

* 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.


Samji Electronics Co  (XKRX:037460) 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.

Samji Electronics Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=314333.9575/793840.307*365 / 4
=36.13

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.

Samji Electronics Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=314333.9575 / 829695.079
=0.38

* 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.


Samji Electronics Co Inventory Turnover Related Terms

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Samji Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
459-21 Gasan-dong, Geumcheon-gu, Seoul, KOR, 153803
Samji Electronics Co Ltd is engaged in the provision of communication and network equipment, system engineering energy solutions, and lottery terminals in South Korea.

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