Talos Co (XKRX:434190) Inventory Turnover : 3.73 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Talos 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. Talos Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ₩8,244 Mil. Talos Co's Average Total Inventories for the quarter that ended in Dec. 2023 was ₩2,212 Mil. Talos Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Talos Co's Days Inventory for the six months ended in Dec. 2023 was 48.97.

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. Talos Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.

Talos Co Inventory Turnover Historical Data

The historical data trend for Talos 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.

* Premium members only.

Talos Co Inventory Turnover Chart

Talos Co Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

3.31

4.20

3.73

Talos Co Semi-Annual Data
	Dec21	Dec22	Dec23
Inventory Turnover	3.31	4.20	3.73

Talos Co Inventory Turnover Calculation

Talos 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 )
=	8244.192	/ (	(2423.924	+	2000.582)	/	2 )
=	8244.192	/	2212.253
=	3.73

Talos Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	8244.192	/ (	(2423.924	+	2000.582)	/	2 )
=	8244.192	/	2212.253
=	3.73

Talos Co (XKRX:434190) 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.

Talos Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	2212.253	/	8244.192	*	365 / 2
	=	48.97

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.

Talos Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	2212.253	/	10125.976
	=	0.22

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.

Talos Co Inventory Turnover Related Terms

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

Talos Co (XKRX:434190) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Talos Co Ltd (XKRX:434190) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

282, Hakui-ro. 1701-1708 Geumgang Penterium IT Tower A, Gwanyang-dong, Dongan-gu, Gyeonggi-do, Anyang-si, KOR, 14056

Website

http://www.spmtalos.com

Talos Co Ltd develops and produces secondary batteries and related solutions for special fields. Its product offerings comprise Battery pack products, Protection circuit (PCM) and smart modules, Battery Management Systems, chargers, and Battery packs for e-scooter and e-bikes.

Talos Co (XKRX:434190) Headlines

No Headlines