Samjin LND Co (XKRX:054090) Inventory Turnover : 1.40 (As of Mar. 2024)

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What is Samjin LND 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. Samjin LND Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩50,464 Mil. Samjin LND Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩35,995 Mil. Samjin LND Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Samjin LND Co's Days Inventory for the three months ended in Mar. 2024 was 65.09.

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. Samjin LND Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.64.

Samjin LND Co Inventory Turnover Historical Data

The historical data trend for Samjin LND 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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Samjin LND Co Inventory Turnover Chart

Samjin LND Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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8.01

5.96

6.40

5.83

4.91

Samjin LND 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															1.21	0.98	1.39	1.41	1.40

Samjin LND Co Inventory Turnover Calculation

Samjin LND 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 )
=	195126.998	/ (	(44362.131	+	35173.052)	/	2 )
=	195126.998	/	39767.5915
=	4.91

Samjin LND 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 )
=	50463.801	/ (	(35173.052	+	36816.093)	/	2 )
=	50463.801	/	35994.5725
=	1.40

Samjin LND Co (XKRX:054090) 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.

Samjin LND 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
	=	35994.5725	/	50463.801	*	365 / 4
	=	65.09

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.

Samjin LND 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 )
	=	35994.5725	/	56493.839
	=	0.64

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.

Samjin LND Co Inventory Turnover Related Terms

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Samjin LND Co (XKRX:054090) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Samjin LND Co Ltd (XKRX:054090) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

64-17, Dongtangiheung-ro, Gyeonggi-do, Hwaseong-si, KOR, 18487

Website

http://www.samjin.co.kr

Samjin LND Co Ltd is engaged in manufacturing and selling LCD and TV parts, secondary cells, office automation devices, automobile parts, molds, LED lighting products, and light guide plate products in South Korea and internationally. The company offers display parts, including LCD mold frames and TV cabinets; secondary batteries, such as electric power reserve ancillary power units, mobile phone square shape batteries, ESS, and cylindrical batteries among other products.

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