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Hyundai Green food Co (XKRX:453340) Inventory Turnover : 6.44 (As of Mar. 2024)


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What is Hyundai Green food 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. Hyundai Green food Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩452,764 Mil. Hyundai Green food Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩70,315 Mil. Hyundai Green food Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hyundai Green food Co's Days Inventory for the three months ended in Mar. 2024 was 14.17.

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. Hyundai Green food Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.13.

Hyundai Green food Co Inventory Turnover Historical Data

The historical data trend for Hyundai Green food 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.

Hyundai Green food Co Inventory Turnover Chart

Hyundai Green food Co Annual Data
Trend
Inventory Turnover

Hyundai Green food Co Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover 2.14 6.25 6.76 6.76 6.44

Hyundai Green food Co Inventory Turnover Calculation

Hyundai Green food Co's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

Inventory Turnover (A: . 20 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: . 20 ) / ((Total Inventories (A: . 20 ) + Total Inventories (A: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

Hyundai Green food 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 )
=452764.212 / ((74295.608 + 66333.839) / 2 )
=452764.212 / 70314.7235
=6.44

* 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.

Hyundai Green food Co  (XKRX:453340) 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.

Hyundai Green food 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
=70314.7235/452764.212*365 / 4
=14.17

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.

Hyundai Green food 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 )
=70314.7235 / 559470.546
=0.13

* 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.

Hyundai Green food Co Inventory Turnover Related Terms

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Hyundai Green food Co (XKRX:453340) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Hyundai Green food Co Ltd (XKRX:453340) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
30 Munin-ro, Suji-gu, Gyeonggi-do (Dongcheon-dong), Yongin-si, KOR, 16827
Website
https://www.hyundaigreenfood.com
Hyundai Green food Co Ltd is a food company involved in various business areas, including catering, food material distribution, retail, dining out, and healthy food. It is engaged in business to the customer such as retail, restaurant and manufacturing and business to business such as group catering and food distribution.

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