Nepes Ark (XKRX:330860) Inventory Turnover : 86.75 (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Nepes Ark 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. Nepes Ark's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩29,496 Mil. Nepes Ark's Average Total Inventories for the quarter that ended in Sep. 2024 was ₩340 Mil. Nepes Ark's Inventory Turnover for the quarter that ended in Sep. 2024 was 86.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nepes Ark's Days Inventory for the three months ended in Sep. 2024 was 1.05.

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. Nepes Ark's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.01.

Nepes Ark Inventory Turnover Historical Data

The historical data trend for Nepes Ark'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.

Nepes Ark Inventory Turnover Chart

Nepes Ark Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

21.70

29.68

37.11

70.83

96.20

Nepes Ark Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															77.12	49.90	29.12	42.82	86.75

Nepes Ark Inventory Turnover Calculation

Nepes Ark'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 )
=	124309.88	/ (	(1440.822	+	1143.587)	/	2 )
=	124309.88	/	1292.2045
=	96.20

Nepes Ark'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 )
=	29495.563	/ (	(486.762	+	193.249)	/	2 )
=	29495.563	/	340.0055
=	86.75

Nepes Ark (XKRX:330860) 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.

Nepes Ark'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
	=	340.0055	/	29495.563	*	365 / 4
	=	1.05

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.

Nepes Ark'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 )
	=	340.0055	/	26459.815
	=	0.01

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.

Nepes Ark Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Nepes Ark's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Nepes Ark Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nepes Ark Corp (XKRX:330860) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2415, Nambusunhwan-ro, Seocho-gu, Seoul, KOR

Website

http://www.nepes.co.kr

Nepes Ark Corp is engaged in the business of semiconductors. It provides Total Flip Chip Package Solution, Neuromorphic A.I Chip, Plasma, LED, Display, and Nano Product among others products.

Nepes Ark Headlines

No Headlines