Suprema HQ (XKRX:094840) Inventory Turnover : 2.04 (As of Dec. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Suprema HQ 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. Suprema HQ's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩3,336 Mil. Suprema HQ's Average Total Inventories for the quarter that ended in Dec. 2024 was ₩1,633 Mil. Suprema HQ's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Suprema HQ's Days Inventory for the three months ended in Dec. 2024 was 44.66.

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. Suprema HQ's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.30.

Suprema HQ Inventory Turnover Historical Data

The historical data trend for Suprema HQ'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.

Suprema HQ Inventory Turnover Chart

Suprema HQ Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

Get a 7-Day Free Trial

3.10

3.23

1.40

2.26

6.20

Suprema HQ 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															1.15	1.59	1.71	2.10	2.04

Suprema HQ Inventory Turnover Calculation

Suprema HQ'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 )
=	13006.21	/ (	(2337.77	+	1857.14)	/	2 )
=	13006.21	/	2097.455
=	6.20

Suprema HQ'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 )
=	3336.066	/ (	(1408.13	+	1857.14)	/	2 )
=	3336.066	/	1632.635
=	2.04

Suprema HQ (XKRX:094840) 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.

Suprema HQ'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
	=	1632.635	/	3336.066	*	365 / 4
	=	44.66

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.

Suprema HQ'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 )
	=	1632.635	/	5385.029
	=	0.30

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.

Suprema HQ Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Suprema HQ's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Suprema HQ Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Suprema HQ Inc (XKRX:094840) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

16F Parkview Office Tower, Jeongja-dong, Bundang-gu, Gyeonggi-do, Seongnam, KOR, 463-863

Website

http://www.supremainc.com

Suprema HQ Inc is a South Korean based company operates in the technology business. It is primarily engaged in the manufacturing of biometrics and security-related products. The products offered by the company access control, and time and attendance platforms, biometric devices, RFID devices, authentication and enrollment scanners and SDK products; and document readers and other products. The company serves various sectors such as private and public, industrial, transportation and other. Geographically the business activities are performed through the region of South Korea and it derives revenue through the sale of mentioned products.

Suprema HQ Headlines

No Headlines