Smart Radar System (XKRX:424960) Total Inventories : ₩3,086 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Smart Radar System Total Inventories?

Smart Radar System's total inventories for the quarter that ended in Mar. 2024 was ₩3,086 Mil. Smart Radar System's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ₩3,166 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Smart Radar System's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₩1,025.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Smart Radar System's Days Inventory for the three months ended in Mar. 2024 was 149.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Smart Radar System's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.61.

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. Smart Radar System's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.60.

Smart Radar System Total Inventories Historical Data

The historical data trend for Smart Radar System's Total Inventories 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.

Smart Radar System Total Inventories Chart

Smart Radar System Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Inventories

986.83

1,577.90

2,593.62

3,245.93

Smart Radar System Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial			2,593.62	2,750.65	3,272.84	3,245.93	3,085.71

Smart Radar System Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Smart Radar System (XKRX:424960) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Smart Radar System's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(17598.321	+	0.75 * 1319.252	+	0.5 * 3085.705	-	4570.749
-	0	-	0)	/	15.1733
=	1,025.48

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

Smart Radar System'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
	=	3165.8185	/	1932.716	*	365 / 4
	=	149.47

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Smart Radar System's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	1932.716	/	3165.8185
	=	0.61

4. 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.

Smart Radar System'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 )
	=	3165.8185	/	1973.828
	=	1.60

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Smart Radar System Total Inventories Related Terms

Thank you for viewing the detailed overview of Smart Radar System's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Smart Radar System (XKRX:424960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Smart Radar System Inc (XKRX:424960) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

925beon-gil, 3F Fine Digital, 41, Seongnam-daero, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13496

Website

https://www.smartradarsystem.com

Smart Radar System Inc is a company developing radar solutions for autonomous cars and industrial applications. They provide RF antenna design, hardware module fabrication, radar signal processing algorithms and software APIs. It offers products such as RETINA-4FN, RETINA-4SN and IRISc-03A which are 4D Imaging Radars, Single chip Radars.

Smart Radar System (XKRX:424960) Headlines

No Headlines