IMT Co (XKRX:451220) Inventory Turnover : 0.64 (As of Mar. 2024)

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What is IMT 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. IMT Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩1,190 Mil. IMT Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩1,863 Mil. IMT Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IMT Co's Days Inventory for the three months ended in Mar. 2024 was 142.91.

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. IMT Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.08.

IMT Co Inventory Turnover Historical Data

The historical data trend for IMT 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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IMT Co Inventory Turnover Chart

IMT Co Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

2.10

3.37

2.59

IMT Co Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial			0.92	0.82	0.65	0.58	0.64

IMT Co Inventory Turnover Calculation

IMT 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 )
=	4209.672	/ (	(1726.85	+	1521.283)	/	2 )
=	4209.672	/	1624.0665
=	2.59

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

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	1189.513	/ (	(1521.283	+	2204.666)	/	2 )
=	1189.513	/	1862.9745
=	0.64

IMT Co (XKRX:451220) 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.

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

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	1862.9745	/	1189.513	*	365 / 4
	=	142.91

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	1862.9745	/	1726.909
	=	1.08

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.

IMT Co Inventory Turnover Related Terms

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IMT Co (XKRX:451220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IMT Co Ltd (XKRX:451220) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

8th floor, Building 1, 306 Sinwon-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, KOR

Website

http://www.imt-c.co.kr

IMT Co Ltd is a company engaged in engaged in dry cleaning equipment business, EUV mask laser application equipment business, and parts business. Their dry-cleaning technology is applied on producing high-tech products such as semiconductor, display, smart phone and etc.

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