Dong In Entech Co (XKRX:111380) Inventory Turnover : 0.84 (As of Dec. 2024)

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What is Dong In Entech 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. Dong In Entech Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩50,063 Mil. Dong In Entech Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ₩59,513 Mil. Dong In Entech Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dong In Entech Co's Days Inventory for the three months ended in Dec. 2024 was 108.47.

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. Dong In Entech Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.86.

Dong In Entech Co Inventory Turnover Historical Data

The historical data trend for Dong In Entech 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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Dong In Entech Co Inventory Turnover Chart

Dong In Entech Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

2.48

3.43

2.97

3.01

Dong In Entech Co Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial					0.96	0.61	0.68	0.65	0.84

Dong In Entech Co Inventory Turnover Calculation

Dong In Entech 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 )
=	159631.251	/ (	(48643.586	+	57355.625)	/	2 )
=	159631.251	/	52999.6055
=	3.01

Dong In Entech 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 )
=	50063.287	/ (	(61670.867	+	57355.625)	/	2 )
=	50063.287	/	59513.246
=	0.84

Dong In Entech Co (XKRX:111380) 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.

Dong In Entech 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
	=	59513.246	/	50063.287	*	365 / 4
	=	108.47

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.

Dong In Entech 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 )
	=	59513.246	/	69228.089
	=	0.86

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.

Dong In Entech Co Inventory Turnover Related Terms

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Dong In Entech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Dong In Entech Co Ltd (XKRX:111380) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

370-26 Daegotbuk-ro, Tongjin-eup, Gyeonggi-do, Gimpo-si, KOR

Website

http://www.dong-in.com

Dong In Entech Co Ltd is a global outdoor brand manufacturing company, it develops and produces professional backpacks, leisure sports equipment, and baby products by combining ultra-lightweight, high-strength aluminum processing technology with ergonomic sewing technology.

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