Hurum Co (XKRX:353190) Inventory Turnover : 0.94 (As of Dec. 2024)

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What is Hurum 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. Hurum Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩13,915 Mil. Hurum Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ₩14,734 Mil. Hurum Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hurum Co's Days Inventory for the three months ended in Dec. 2024 was 96.62.

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. Hurum Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.74.

Hurum Co Inventory Turnover Historical Data

The historical data trend for Hurum 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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Hurum Co Inventory Turnover Chart

Hurum Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

3.61

3.23

3.62

4.28

4.26

Hurum Co Quarterly Data
	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														1.00	1.14	0.95	1.18	0.94

Hurum Co Inventory Turnover Calculation

Hurum 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 )
=	62644.094	/ (	(14670.297	+	14765.253)	/	2 )
=	62644.094	/	14717.775
=	4.26

Hurum 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 )
=	13915.39	/ (	(14702.085	+	14765.253)	/	2 )
=	13915.39	/	14733.669
=	0.94

Hurum Co (XKRX:353190) 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.

Hurum 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
	=	14733.669	/	13915.39	*	365 / 4
	=	96.62

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.

Hurum 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 )
	=	14733.669	/	19900.336
	=	0.74

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.

Hurum Co Inventory Turnover Related Terms

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Hurum Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hurum Co Ltd (XKRX:353190) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

115, Gasan Digital 2-ro, Room 416, Daeryung Techno Town III, Geumcheon-gu, Seoul, KOR

Website

http://www.hurumcorp.com

Hurum Co Ltd is engaged in the research, development, manufacture, and distribution of lactobacillus, yogurt, biological health supplements.

Hurum Co Headlines

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