Seers Technology Co (XKRX:458870) Inventory Turnover : 1.49 (As of Dec. 2024)

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What is Seers Technology 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. Seers Technology Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩1,888 Mil. Seers Technology Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ₩1,269 Mil. Seers Technology Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Seers Technology Co's Days Inventory for the three months ended in Dec. 2024 was 61.33.

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. Seers Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.23.

Seers Technology Co Inventory Turnover Historical Data

The historical data trend for Seers Technology 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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Seers Technology Co Inventory Turnover Chart

Seers Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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5.87

4.44

2.71

3.07

4.17

Seers Technology Co Quarterly Data
	Dec19	Dec20	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial							0.92	0.71	0.82	0.83	1.49

Seers Technology Co Inventory Turnover Calculation

Seers Technology 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 )
=	4664.004	/ (	(1011.017	+	1226.415)	/	2 )
=	4664.004	/	1118.716
=	4.17

Seers Technology 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 )
=	1887.728	/ (	(1311.269	+	1226.415)	/	2 )
=	1887.728	/	1268.842
=	1.49

Seers Technology Co (XKRX:458870) 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.

Seers Technology 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
	=	1268.842	/	1887.728	*	365 / 4
	=	61.33

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.

Seers Technology 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 )
	=	1268.842	/	5485.083
	=	0.23

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.

Seers Technology Co Inventory Turnover Related Terms

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Seers Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Seers Technology Co Ltd (XKRX:458870) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

291-13, Dongbu-daero, Jinwi-myeon, Gyeonggi-do, Pyeongtaek-si, KOR

Website

https://www.seerstech.com

Seers Technology Co Ltd is a Company that provides diagnostic support services such as mobicare and patient monitoring service thync to domestic and foreign medical institutions based on IoMT (Internet of Medical Things) platform technology using bio-signal analysis artificial intelligence algorithms and wearable medical devices. Its main technology products, which utilize bio-signal analysis AI algorithms and wearable medical device-based platform technology, are diagnostic support solutions that can be used for disease diagnosis and prognosis management and provide feedback by monitoring and analyzing patients' bio-signals in real time. It is a patient monitoring solution and provides fee-based diagnostic monitoring services using certified medical devices.

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