Tae Kyung Chemical Co (XKRX:006890) Change In Inventory : ₩-51 Mil (TTM As of Mar. 2024)

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What is Tae Kyung Chemical Co Change In Inventory?

Tae Kyung Chemical Co's change in inventory for the quarter that ended in Mar. 2024 was ₩515 Mil. It means Tae Kyung Chemical Co's inventory declined by ₩515 Mil from Dec. 2023 to Mar. 2024 .

Tae Kyung Chemical Co's change in inventory for the fiscal year that ended in Dec. 2023 was ₩-194 Mil. It means Tae Kyung Chemical Co's inventory increased by ₩194 Mil from Dec. 2022 to Dec. 2023 .

Tae Kyung Chemical Co's Total Inventories for the quarter that ended in Mar. 2024 was ₩2,358 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tae Kyung Chemical Co's Days Inventory for the quarter that ended in Mar. 2024 was 24.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tae Kyung Chemical Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.76.

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. Tae Kyung Chemical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.16.

Tae Kyung Chemical Co Change In Inventory Historical Data

The historical data trend for Tae Kyung Chemical 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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Tae Kyung Chemical Co Change In Inventory Chart

Tae Kyung Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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936.76

183.60

-87.20

-930.41

-194.13

Tae Kyung Chemical 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															372.09	208.21	-146.76	-627.67	515.28

Tae Kyung Chemical 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 ₩-51 Mil.

Tae Kyung Chemical Co (XKRX:006890) Change In Inventory Explanation

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

Tae Kyung Chemical 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
	=	2617.109	/	9836.221	*	365 / 4
	=	24.28

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

Tae Kyung Chemical Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9836.221	/	2617.109
	=	3.76

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.

Tae Kyung Chemical Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2617.109	/	16489.523
	=	0.16

Tae Kyung Chemical Co Change In Inventory Related Terms

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Tae Kyung Chemical Co (XKRX:006890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tae Kyung Chemical Co Ltd (XKRX:006890) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Songwon B.D. 4F 652-12, Deungchon 1-dong, Gangseo-gu, Seoul, KOR, 157-841

Website

http://www.taekyungchem.co.kr

Tae Kyung Chemical Co Ltd is involved in manufacturing and selling industrialized liquid gases and dry ice in Korea. It offers liquid and solid carbon dioxide, magnesium hydroxide, gas carburetor, and organic compounds, as well as processing machine tools. The company is also involved in the re-inspection of special equipment; installation of high-pressure gas utilities; and trading activities.

Tae Kyung Chemical Co (XKRX:006890) Headlines

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