Chunbo Co (XKRX:278280) Inventory Turnover : 0.85 (As of Dec. 2024)

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What is Chunbo 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. Chunbo Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩27,212 Mil. Chunbo Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ₩32,167 Mil. Chunbo Co'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. Chunbo Co's Days Inventory for the three months ended in Dec. 2024 was 107.86.

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. Chunbo Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.02.

Chunbo Co Inventory Turnover Historical Data

The historical data trend for Chunbo 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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Chunbo Co Inventory Turnover Chart

Chunbo Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.84

4.43

3.56

2.36

3.13

Chunbo Co 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															0.66	1.15	0.78	0.98	0.85

Chunbo Co Inventory Turnover Calculation

Chunbo 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 )
=	159037.79	/ (	(69276.334	+	32373.897)	/	2 )
=	159037.79	/	50825.1155
=	3.13

Chunbo 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 )
=	27212.231	/ (	(31959.103	+	32373.897)	/	2 )
=	27212.231	/	32166.5
=	0.85

Chunbo Co (XKRX:278280) 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.

Chunbo 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
	=	32166.5	/	27212.231	*	365 / 4
	=	107.86

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.

Chunbo 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 )
	=	32166.5	/	31689.949
	=	1.02

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.

Chunbo Co Inventory Turnover Related Terms

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Chunbo Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chunbo Co Ltd (XKRX:278280) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

312, Jungwonsaneop-ro, Judeok-eup, Chungcheongbuk-do, Chungju-si, KOR

Website

http://www.chunbochem.com

Chunbo Co Ltd is a general chemical material company based in South Korea. It provides Display Application Materials, Semiconductor Application Materials, Secondary Battery Materials, Pharmaceutical Intermediates and Specialty Chemicals. The chemicals offered by the company include Potassium nitrate, Potassium acetate, Potassium sulfate, Ammonium chloride and Fluoroethylene carbonate among others.

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