CU MEDICAL SYSTEMS (XKRX:115480) Inventory Turnover : 0.85 (As of Dec. 2024)

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What is CU MEDICAL SYSTEMS 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. CU MEDICAL SYSTEMS's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩5,695 Mil. CU MEDICAL SYSTEMS's Average Total Inventories for the quarter that ended in Dec. 2024 was ₩6,739 Mil. CU MEDICAL SYSTEMS's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CU MEDICAL SYSTEMS's Days Inventory for the three months ended in Dec. 2024 was 107.98.

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. CU MEDICAL SYSTEMS's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.55.

CU MEDICAL SYSTEMS Inventory Turnover Historical Data

The historical data trend for CU MEDICAL SYSTEMS'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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CU MEDICAL SYSTEMS Inventory Turnover Chart

CU MEDICAL SYSTEMS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.22

2.03

2.60

2.13

2.64

CU MEDICAL SYSTEMS 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															0.50	0.65	0.53	0.41	0.85

CU MEDICAL SYSTEMS Inventory Turnover Calculation

CU MEDICAL SYSTEMS'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 )
=	19084.332	/ (	(9345.906	+	5131.13)	/	2 )
=	19084.332	/	7238.518
=	2.64

CU MEDICAL SYSTEMS'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 )
=	5695.262	/ (	(8347.445	+	5131.13)	/	2 )
=	5695.262	/	6739.2875
=	0.85

CU MEDICAL SYSTEMS (XKRX:115480) 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.

CU MEDICAL SYSTEMS'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
	=	6739.2875	/	5695.262	*	365 / 4
	=	107.98

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.

CU MEDICAL SYSTEMS'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 )
	=	6739.2875	/	12285.508
	=	0.55

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.

CU MEDICAL SYSTEMS Inventory Turnover Related Terms

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CU MEDICAL SYSTEMS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » CU MEDICAL SYSTEMS Inc (XKRX:115480) » Definitions » Inventory Turnover

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Address

130-1, Dongwhagongdan-ro, Munmak-eup, Wonju, KOR

Website

http://www.cu911.com

CU MEDICAL SYSTEMS Inc is a South Korea based medical device manufacturing company. It manufactures medical equipment such as a defibrillator. The company exports to the U.S. and Africa. Company's products include Health Guardian CU-EL1S, i-PAD NF1200, NOVASTIM CU-FS1, AED Trainer.

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