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NSCompany Co (XKRX:224760) Inventory Turnover : 1,823.17 (As of Dec. 2024)


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What is NSCompany 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. NSCompany Co's Cost of Goods Sold for the six months ended in Dec. 2024 was ₩66,962 Mil. NSCompany Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ₩37 Mil. NSCompany Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 1,823.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NSCompany Co's Days Inventory for the six months ended in Dec. 2024 was 0.10.

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. NSCompany Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

NSCompany Co Inventory Turnover Historical Data

The historical data trend for NSCompany 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.

* Premium members only.

NSCompany Co Inventory Turnover Chart

NSCompany Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 425.95 482.62 667.65 887.24 1,823.17

NSCompany Co Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 425.95 482.62 667.65 887.24 1,823.17

NSCompany Co Inventory Turnover Calculation

NSCompany 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 )
=66962.223 / ((36.834 + 36.623) / 2 )
=66962.223 / 36.7285
=1,823.17

NSCompany 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: Dec. 2023 ) + Total Inventories (Q: Dec. 2024 )) / count )
=66962.223 / ((36.834 + 36.623) / 2 )
=66962.223 / 36.7285
=1,823.17

* 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.

NSCompany Co  (XKRX:224760) 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.

NSCompany Co's Days Inventory for the six 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
=36.7285/66962.223*365 / 2
=0.10

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.

NSCompany 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 )
=36.7285 / 71438.162
=0.00

* 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.

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.

NSCompany Co Inventory Turnover Related Terms

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NSCompany Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NSCompany Co Ltd (XKRX:224760) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
Gyeongsangbuk-do Gyeongju, Gyeongju-si, Gyeongju, KOR
Website
http://www.nscompany.co.kr
NSCompany Co Ltd is primarily involved in the construction, power generation plants maintenance, and auto parts business.

NSCompany Co Headlines

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