Seowonintech Co (XKRX:093920) Inventory Turnover : 2.72 (As of Dec. 2024)

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What is Seowonintech 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. Seowonintech Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩43,241 Mil. Seowonintech Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ₩15,897 Mil. Seowonintech Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Seowonintech Co's Days Inventory for the three months ended in Dec. 2024 was 33.55.

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. Seowonintech Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.33.

Seowonintech Co Inventory Turnover Historical Data

The historical data trend for Seowonintech 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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Seowonintech Co Inventory Turnover Chart

Seowonintech Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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15.18

14.20

12.16

10.76

11.90

Seowonintech 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															2.72	3.38	3.03	3.26	2.72

Seowonintech Co Inventory Turnover Calculation

Seowonintech 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 )
=	206600.724	/ (	(18768.404	+	15964.86)	/	2 )
=	206600.724	/	17366.632
=	11.90

Seowonintech 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 )
=	43240.755	/ (	(15828.829	+	15964.86)	/	2 )
=	43240.755	/	15896.8445
=	2.72

Seowonintech Co (XKRX:093920) 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.

Seowonintech 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
	=	15896.8445	/	43240.755	*	365 / 4
	=	33.55

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.

Seowonintech 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 )
	=	15896.8445	/	47768.865
	=	0.33

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.

Seowonintech Co Inventory Turnover Related Terms

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Seowonintech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Seowonintech Co Ltd (XKRX:093920) » Definitions » Inventory Turnover

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Address

363-5 Dangjungdong, Gunpo-si, Gyeonggi, KOR, 435-832

Website

http://www.seowonintech.co.kr

Seowonintech Co Ltd is involved in providing device components for mobile phone, office automation, and information technology industries in South Korea and internationally. The company offers USB modems; CPEs, which provide Internet access and voice communication services for residential and small-medium business customers; mobile routers; modules and mini cards; and mobile phones.

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