Kaon Group Co (XKRX:078890) Inventory Turnover : 0.45 (As of Mar. 2024)

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What is Kaon Group 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. Kaon Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩100,598 Mil. Kaon Group Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩225,643 Mil. Kaon Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kaon Group Co's Days Inventory for the three months ended in Mar. 2024 was 204.67.

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. Kaon Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.94.

Kaon Group Co Inventory Turnover Historical Data

The historical data trend for Kaon Group 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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Kaon Group Co Inventory Turnover Chart

Kaon Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.90

5.66

4.31

3.58

2.45

Kaon Group 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															0.46	0.70	0.41	0.52	0.45

Kaon Group Co Inventory Turnover Calculation

Kaon Group 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 )
=	471988.423	/ (	(160164.099	+	225642.614)	/	2 )
=	471988.423	/	192903.3565
=	2.45

Kaon Group 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 )
=	100598.383	/ (	(225642.614	+	0)	/	1 )
=	100598.383	/	225642.614
=	0.45

Kaon Group Co (XKRX:078890) 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.

Kaon Group 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
	=	225642.614	/	100598.383	*	365 / 4
	=	204.67

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.

Kaon Group 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 )
	=	225642.614	/	116366.751
	=	1.94

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.

Kaon Group Co Inventory Turnover Related Terms

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Kaon Group Co (XKRX:078890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kaon Group Co Ltd (XKRX:078890) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

KAON Media Building, 884-3, Seongnam-daero, Bundang-gu, Seongnam-si, Gyeonggi-do, KOR, 13517

Website

https://www.kaongroup.com

Kaon Group Co Ltd is engaged in manufacturing and sales of AI solutions, OTT, network devices and integrated solutions. Its main market is the broadcasting and communication service provider market at home and abroad. It develops and manufactures digital connectivity devices (including Set-Top boxes) and Residential Gateways for Pay-TV Operators, Broadband Operators, and Telcos.

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