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Fadu (XKRX:440110) Inventory Turnover : 0.42 (As of Dec. 2023)


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What is Fadu 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. Fadu's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩6,632 Mil. Fadu's Average Total Inventories for the quarter that ended in Dec. 2023 was ₩15,622 Mil. Fadu's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fadu's Days Inventory for the three months ended in Dec. 2023 was 214.93.

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. Fadu's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 3.53.

Fadu Inventory Turnover Historical Data

The historical data trend for Fadu'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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Fadu Inventory Turnover Chart

Fadu Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory Turnover
0.06 1.08 1.65 0.83

Fadu Quarterly Data
Mar22 Sep22 Dec22 Mar23 Sep23 Dec23
Inventory Turnover Get a 7-Day Free Trial - 0.49 0.44 0.04 0.42

Fadu Inventory Turnover Calculation

Fadu'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 )
=11375.114 / ((9928.307 + 17438.726) / 2 )
=11375.114 / 13683.5165
=0.83

Fadu'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=6632.31 / ((13805.299 + 17438.726) / 2 )
=6632.31 / 15622.0125
=0.42

* 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.

Fadu  (XKRX:440110) 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.

Fadu's Days Inventory for the three 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
=15622.0125/6632.31*365 / 4
=214.93

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.

Fadu'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 )
=15622.0125 / 4426.84
=3.53

* 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.

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.

Fadu Inventory Turnover Related Terms

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Fadu (XKRX:440110) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Fadu Inc (XKRX:440110) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
16th, 17th Floor, 343 Hakdong-ro, Gangnam-gu, Seoul, KOR, 06060
Website
https://www.fadu.io
Fadu Inc is a fabless semiconductor company innovating Flash storage technology and the Flash storage supply chain. The company is developing a revolutionary Flash Controller architecture for SSDs that meets the explosively diversifying data demands placed on enterprise datacenters.

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