Shift Up (XKRX:462870) Inventory Turnover : 0.00 (As of Mar. 2025)

View and export this data going back to 2024. Start your Free Trial

What is Shift Up 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. Shift Up's Cost of Goods Sold for the three months ended in Mar. 2025 was ₩0 Mil. Shift Up's Average Total Inventories for the quarter that ended in Mar. 2025 was ₩0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. Shift Up's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.00.

Shift Up Inventory Turnover Historical Data

The historical data trend for Shift Up'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.

Shift Up Inventory Turnover Chart

Shift Up Annual Data

Trend

Dec22

Dec23

Dec24

Inventory Turnover

Shift Up Quarterly Data
	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	-	-

Shift Up Inventory Turnover Calculation

Shift Up'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 )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Shift Up's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Shift Up (XKRX:462870) 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.

Shift Up's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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.

Shift Up's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	0	/	42234.607
	=	0.00

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.

Shift Up Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Shift Up's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Shift Up Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Shift Up Corp (XKRX:462870) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Seocho-daero 77-gil, 2th, 13th, 14th, 15th floors, Seocho-gu, Seoul, KOR

Website

https://www.shiftup.co.kr

Shift Up Corp is a game design and development studio that covers a wide range of areas from game production to promotional videos and music production, based on illustrations and solid planning and programming capabilities.

Shift Up Headlines

No Headlines