GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » T Scientific Co Ltd (XKRX:057680) » Definitions » Inventory Turnover

T Scientific Co (XKRX:057680) Inventory Turnover : 30.41 (As of Dec. 2024)


View and export this data going back to 2002. Start your Free Trial

What is T Scientific 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. T Scientific Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩12,674 Mil. T Scientific Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ₩417 Mil. T Scientific Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 30.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. T Scientific Co's Days Inventory for the three months ended in Dec. 2024 was 3.00.

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. T Scientific Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.03.


T Scientific Co Inventory Turnover Historical Data

The historical data trend for T Scientific 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.

T Scientific Co Inventory Turnover Chart

T Scientific Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 147.56 162.91 136.67

T Scientific 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 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 36.02 33.78 11.54 8.65 30.41

T Scientific Co Inventory Turnover Calculation

T Scientific 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 )
=33062.467 / ((198.402 + 285.427) / 2 )
=33062.467 / 241.9145
=136.67

T Scientific 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 )
=12674.073 / ((548.085 + 285.427) / 2 )
=12674.073 / 416.756
=30.41

* 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.


T Scientific Co  (XKRX:057680) 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.

T Scientific 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
=416.756/12674.073*365 / 4
=3.00

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.

T Scientific 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 )
=416.756 / 16116.349
=0.03

* 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.


T Scientific Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of T Scientific Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


T Scientific Co Business Description

Traded in Other Exchanges
N/A
Address
3rd Floor, 1, Yeouidaebang-ro 62-gil, Dongjak-gu, Seoul, KOR
T Scientific Co Ltd, formerly Omnitel Inc is a South Korean company operating in the internet content and information industry. The company is engaged in providing mobile coupon platform and solutions for mobile marketing.

T Scientific Co Headlines

No Headlines