Korean Air Lines Co (XKRX:003490) Change In Inventory : ₩-117,752 Mil (TTM As of Mar. 2024)

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What is Korean Air Lines Co Change In Inventory?

Korean Air Lines Co's change in inventory for the quarter that ended in Mar. 2024 was ₩-13,901 Mil. It means Korean Air Lines Co's inventory increased by ₩13,901 Mil from Dec. 2023 to Mar. 2024 .

Korean Air Lines Co's change in inventory for the fiscal year that ended in Dec. 2023 was ₩-117,623 Mil. It means Korean Air Lines Co's inventory increased by ₩117,623 Mil from Dec. 2022 to Dec. 2023 .

Korean Air Lines Co's Total Inventories for the quarter that ended in Mar. 2024 was ₩863,492 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Korean Air Lines Co's Days Inventory for the quarter that ended in Mar. 2024 was 23.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Korean Air Lines Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.91.

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. Korean Air Lines Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.20.

Korean Air Lines Co Change In Inventory Historical Data

The historical data trend for Korean Air Lines Co's Change In Inventory 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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Korean Air Lines Co Change In Inventory Chart

Korean Air Lines Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-236,655.66

78,738.27

-37,658.69

-124,332.57

-117,623.07

Korean Air Lines Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-13,771.95	-7,860.98	-65,860.93	-30,129.22	-13,900.77

Korean Air Lines Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-117,752 Mil.

Korean Air Lines Co (XKRX:003490) Change In Inventory Explanation

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

Korean Air Lines Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	858535.9345	/	3360379.328	*	365 / 4
	=	23.31

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

Korean Air Lines Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3360379.328	/	858535.9345
	=	3.91

3. 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.

Korean Air Lines Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	858535.9345	/	4291444.813
	=	0.20

Korean Air Lines Co Change In Inventory Related Terms

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Korean Air Lines Co (XKRX:003490) Business Description

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003495:Korea

Address

260 Haneul-gil, Gangseo-gu, Seoul, KOR

Website

http://www.koreanair.com

Korean Air Lines Co Ltd is an airline operator with a global reach. The company has four operating segments: Air transport (majority of total revenues), Aerospace (maintenance and repairs), In-flight meals, and Hotel/limousine and others. Passenger tickets can be bought on the company's website or at the airport counter. Multiple options related to passenger class or cabin experience, baggage fees, and other services are offered to customers. Revenues derived from Republic of Korea account for approximately one-fourth of total revenues, with the remainder coming from international operations. The company has created an alliance with global carriers to help connect flights, and give passengers better options to travel.

Korean Air Lines Co (XKRX:003490) Headlines

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