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I-Scream Media Co (XKRX:461300) Inventory Turnover : 0.78 (As of Sep. 2024)


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What is I-Scream Media 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. I-Scream Media Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩4,840 Mil. I-Scream Media Co's Average Total Inventories for the quarter that ended in Sep. 2024 was ₩6,185 Mil. I-Scream Media Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. I-Scream Media Co's Days Inventory for the three months ended in Sep. 2024 was 116.61.

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. I-Scream Media Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.42.

I-Scream Media Co Inventory Turnover Historical Data

The historical data trend for I-Scream Media 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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I-Scream Media Co Inventory Turnover Chart

I-Scream Media Co Annual Data
Trend Dec21 Dec22 Dec23
Inventory Turnover
10.63 6.27 8.62

I-Scream Media Co Quarterly Data
Mar23 Sep23 Dec23 Mar24 Sep24
Inventory Turnover - - 3.16 0.79 0.78

I-Scream Media Co Inventory Turnover Calculation

I-Scream Media 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 )
=41527.695 / ((4622.299 + 5011.248) / 2 )
=41527.695 / 4816.7735
=8.62

I-Scream Media Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=4840.382 / ((6517.847 + 5852.869) / 2 )
=4840.382 / 6185.358
=0.78

* 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.

I-Scream Media Co  (XKRX:461300) 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.

I-Scream Media Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=6185.358/4840.382*365 / 4
=116.61

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.

I-Scream Media Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=6185.358 / 14898.741
=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.

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.

I-Scream Media Co Inventory Turnover Related Terms

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I-Scream Media Co Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » I-Scream Media Co Ltd (XKRX:461300) » Definitions » Inventory Turnover
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Address
225-20 Pangyo Station-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, Seoul, KOR
Website
http://www.i-screammedia.com
I-Scream Media Co Ltd is an education company with educational content and different content production capabilities. The company's business includes the edutech platform 'Ice Cream S' utilized by elementary school teachers with differentiated and diverse contents, 'Ice Cream Remote Education Training Center', a training institute for teachers to enhance their teaching expertise, 'Ice Cream Mall', which helps teachers conveniently prepare classes and operate classes by the Korean environment, and 'Ice Cream Textbook', an elementary school textbook that combines books and digital contents.

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