GURUFOCUS.COM » STOCK LIST » Technology » Software » SBI FinTech Solutions Co Ltd (XKRX:950110) » Definitions » Inventory Turnover

SBI FinTech Solutions Co (XKRX:950110) Inventory Turnover : 147.56 (As of Dec. 2024)


View and export this data going back to 2012. Start your Free Trial

What is SBI FinTech Solutions 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. SBI FinTech Solutions Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩4,069 Mil. SBI FinTech Solutions Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ₩28 Mil. SBI FinTech Solutions Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 147.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SBI FinTech Solutions Co's Days Inventory for the three months ended in Dec. 2024 was 0.62.

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. SBI FinTech Solutions Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.


SBI FinTech Solutions Co Inventory Turnover Historical Data

The historical data trend for SBI FinTech Solutions 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.

SBI FinTech Solutions Co Inventory Turnover Chart

SBI FinTech Solutions Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,771.48 2,175.60 - 1,782.74 614.30

SBI FinTech Solutions Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 211.73 119.01 103.94 134.33 147.56

SBI FinTech Solutions Co Inventory Turnover Calculation

SBI FinTech Solutions Co's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Inventory Turnover (A: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2024 ) / ((Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count )
=17968.28 / ((10.094 + 48.406) / 2 )
=17968.28 / 29.25
=614.30

SBI FinTech Solutions 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 )
=4069.039 / ((29.665 + 25.487) / 2 )
=4069.039 / 27.576
=147.56

* 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.


SBI FinTech Solutions Co  (XKRX:950110) 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.

SBI FinTech Solutions 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
=27.576/4069.039*365 / 4
=0.62

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.

SBI FinTech Solutions 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 )
=27.576 / 10635.509
=0.00

* 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.


SBI FinTech Solutions Co Inventory Turnover Related Terms

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


SBI FinTech Solutions Co Business Description

Traded in Other Exchanges
N/A
Address
Aoyama First Building 9F Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002
SBI FinTech Solutions Co Ltd is a comprehensive FinTech solution company that provides services such as settlement, international remittance, social lending and online asset information centralized management.

SBI FinTech Solutions Co Headlines

No Headlines