Mobile Appliance (XKRX:087260) Inventory Turnover : 1.03 (As of Mar. 2025)

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What is Mobile Appliance 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. Mobile Appliance's Cost of Goods Sold for the three months ended in Mar. 2025 was ₩6,029 Mil. Mobile Appliance's Average Total Inventories for the quarter that ended in Mar. 2025 was ₩5,837 Mil. Mobile Appliance's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mobile Appliance's Days Inventory for the three months ended in Mar. 2025 was 88.34.

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. Mobile Appliance's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.70.

Mobile Appliance Inventory Turnover Historical Data

The historical data trend for Mobile Appliance'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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Mobile Appliance Inventory Turnover Chart

Mobile Appliance Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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4.72

6.68

6.63

5.42

4.67

Mobile Appliance Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															0.52	0.71	0.93	1.55	1.03

Mobile Appliance Inventory Turnover Calculation

Mobile Appliance'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 )
=	30136.327	/ (	(7068.494	+	5836.753)	/	2 )
=	30136.327	/	6452.6235
=	4.67

Mobile Appliance's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	6028.709	/ (	(5836.753	+	0)	/	1 )
=	6028.709	/	5836.753
=	1.03

Mobile Appliance (XKRX:087260) 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.

Mobile Appliance's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	5836.753	/	6028.709	*	365 / 4
	=	88.34

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.

Mobile Appliance's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	5836.753	/	8392.289
	=	0.70

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.

Mobile Appliance Inventory Turnover Related Terms

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Mobile Appliance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobile Appliance Inc (XKRX:087260) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

401, simin-daero, Dongan-gu, No. 1701-1706, Daerung Techno Town 15, Gwanyang-dong, Gyeonggi-do, Anyang-si, KOR, 14057

Website

http://www.mobileappliance.co.kr

Mobile Appliance Inc is engaged in design, development, manufactuirng and sale of mobile appliance car infotainment systems. It offers black boxes, car DVRs, radars, and dash CAMs; head up display products; personal navigation devices; and advanced driver assistance systems for lane departure, collision warning, car distance information, traffic sign recognition, high beam control, and drowsiness alert.

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