SK Gas Co (XKRX:018670) Change In Inventory : ₩221,501 Mil (TTM As of Mar. 2024)

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What is SK Gas Co Change In Inventory?

SK Gas Co's change in inventory for the quarter that ended in Mar. 2024 was ₩101,971 Mil. It means SK Gas Co's inventory declined by ₩101,971 Mil from Dec. 2023 to Mar. 2024 .

SK Gas Co's change in inventory for the fiscal year that ended in Dec. 2023 was ₩16,237 Mil. It means SK Gas Co's inventory declined by ₩16,237 Mil from Dec. 2022 to Dec. 2023 .

SK Gas Co's Total Inventories for the quarter that ended in Mar. 2024 was ₩347,313 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SK Gas Co's Days Inventory for the quarter that ended in Mar. 2024 was 22.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. SK Gas Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.97.

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. SK Gas Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.23.

SK Gas Co Change In Inventory Historical Data

The historical data trend for SK Gas 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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SK Gas Co Change In Inventory Chart

SK Gas Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-71,684.31

53,496.66

-140,138.11

2,498.06

16,236.66

SK Gas 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															-103,293.63	177,457.06	-17,611.99	-40,314.79	101,970.97

SK Gas 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 ₩221,501 Mil.

SK Gas Co (XKRX:018670) Change In Inventory Explanation

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

SK Gas 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
	=	397488.2895	/	1577645.647	*	365 / 4
	=	22.99

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

SK Gas Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1577645.647	/	397488.2895
	=	3.97

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.

SK Gas Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	397488.2895	/	1725906.263
	=	0.23

SK Gas Co Change In Inventory Related Terms

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SK Gas Co (XKRX:018670) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SK Gas Co Ltd (XKRX:018670) » Definitions » Change In Inventory

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Address

SK G.Plant, 100 Euljiro, Jung-gu, Seoul, KOR

Website

http://www.skgas.co.kr

SK Gas Co Ltd supplies and distributes liquefied petroleum gas In Korea and internationally. The company is involved in Liquefied petroleum gas marketing and trading business, Liquefied petroleum gas import terminal and tank terminal business and propane de-hydrogenation business. The company mainly operates in Korea, China, Singapore, U.S.A and UAE.

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