Sensorview Co (XKRX:321370) Inventory Turnover : 2.71 (As of Sep. 2024)

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What is Sensorview 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. Sensorview Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩3,534 Mil. Sensorview Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ₩1,305 Mil. Sensorview Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sensorview Co's Days Inventory for the three months ended in Sep. 2024 was 33.69.

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. Sensorview Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.41.

Sensorview Co Inventory Turnover Historical Data

The historical data trend for Sensorview 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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Sensorview Co Inventory Turnover Chart

Sensorview Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

1.86

2.36

4.47

8.35

Sensorview Co Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial					2.35	2.14	3.71	3.27	2.71

Sensorview Co Inventory Turnover Calculation

Sensorview Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	9285.191	/ (	(1069.485	+	1153.341)	/	2 )
=	9285.191	/	1111.413
=	8.35

Sensorview Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	3534.155	/ (	(1184.577	+	1424.986)	/	2 )
=	3534.155	/	1304.7815
=	2.71

Sensorview Co (XKRX:321370) 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.

Sensorview Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	1304.7815	/	3534.155	*	365 / 4
	=	33.69

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.

Sensorview Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	1304.7815	/	3211.533
	=	0.41

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.

Sensorview Co Inventory Turnover Related Terms

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Sensorview Co Business Description

Industry

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Traded in Other Exchanges

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Address

240 Pangyoyeok-ro, Room 705, 705-1, Building A, Samwhan Hipex, Sampyeong-dong, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13493

Website

https://www.sensor-view.com

Sensorview Co Ltd is an RF connection solution company that specializes in developing and manufacturing global standard high-performance antennas, cables, and connectors based on internalized nano-material processing technology, precision design technology, and manufacturing process technology that can minimize signal loss in the high-frequency region. Microwave Cable, Micro-Coaxial Interconnector, 5G Antenna, Defense Industrial Antenna, Semiconductor Measuring Equipment, and Multi-Pin Connector for 5G.

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