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BioInfra Life Science (XKRX:266470) Inventory Turnover : 1.27 (As of Dec. 2024)


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What is BioInfra Life Science 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. BioInfra Life Science's Cost of Goods Sold for the six months ended in Dec. 2024 was ₩267.3 Mil. BioInfra Life Science's Average Total Inventories for the quarter that ended in Dec. 2024 was ₩211.2 Mil. BioInfra Life Science's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BioInfra Life Science's Days Inventory for the six months ended in Dec. 2024 was 144.20.

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. BioInfra Life Science's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.12.

BioInfra Life Science Inventory Turnover Historical Data

The historical data trend for BioInfra Life Science'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.

BioInfra Life Science Inventory Turnover Chart

BioInfra Life Science Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 2.63 1.88 1.31 1.37 1.27

BioInfra Life Science Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 2.63 1.88 1.31 1.37 1.27

BioInfra Life Science Inventory Turnover Calculation

BioInfra Life Science'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 )
=267.263 / ((211.177 + 0) / 1 )
=267.263 / 211.177
=1.27

BioInfra Life Science'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 )
=267.263 / ((211.177 + 0) / 1 )
=267.263 / 211.177
=1.27

* 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.

BioInfra Life Science  (XKRX:266470) 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.

BioInfra Life Science'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
=211.177/267.263*365 / 2
=144.20

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.

BioInfra Life Science'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 )
=211.177 / 189
=1.12

* 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.

BioInfra Life Science Inventory Turnover Related Terms

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BioInfra Life Science Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » BioInfra Life Science Inc (XKRX:266470) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
Daehak-ro 49, 7th Floor, Jongno-gu, Seoul, KOR, 03127
Website
http://www.bioinfra.co.kr
BioInfra Life Science Inc is a bio-technology company engaged in developing cancer gene treatments and technologies that systematically monitor the possibility of metastasis and recurrence in blood for cancer patients.

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