Sangsangin Co (XKRX:038540) Inventory Turnover : 52.11 (As of Dec. 2024)

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What is Sangsangin 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. Sangsangin Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩189,190 Mil. Sangsangin Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ₩3,631 Mil. Sangsangin Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 52.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sangsangin Co's Days Inventory for the three months ended in Dec. 2024 was 1.75.

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. Sangsangin Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.02.

Sangsangin Co Inventory Turnover Historical Data

The historical data trend for Sangsangin 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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Sangsangin Co Inventory Turnover Chart

Sangsangin Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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37.28

32.80

47.06

86.10

175.01

Sangsangin 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															20.88	47.27	108.35	71.40	52.11

Sangsangin Co Inventory Turnover Calculation

Sangsangin 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 )
=	952554.782	/ (	(8779.518	+	2106.389)	/	2 )
=	952554.782	/	5442.9535
=	175.01

Sangsangin 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 )
=	189189.502	/ (	(5155.018	+	2106.389)	/	2 )
=	189189.502	/	3630.7035
=	52.11

Sangsangin Co (XKRX:038540) 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.

Sangsangin 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
	=	3630.7035	/	189189.502	*	365 / 4
	=	1.75

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.

Sangsangin 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 )
	=	3630.7035	/	218793.057
	=	0.02

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.

Sangsangin Co Inventory Turnover Related Terms

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Sangsangin Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sangsangin Co Ltd (XKRX:038540) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

358 Hwangsaewul-Road, Bundang-Gu, Gyeonggi-Do, Seongnam-Si, KOR, 153-759

Website

https://www.sangsanginworld.co.kr

Sangsangin Co Ltd is engaged in the business of information and communication, finance, shipbuilding, and computer program development. The information and communication business provides a comprehensive range of services from network design, equipment supply and installation, and maintenance. The financial business sector mainly engages in savings banks and financial investment businesses, and the shipbuilding business manufactures and sells facilities and equipment used for the construction or repair of ships, and the computer program development and operation business segment develops and directly operates or sells computer programs necessary for network construction and collateral management, and the majority of its revenue generated from the Financial sector.

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