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Abco Electronics Co (XKRX:036010) Change In Inventory : ₩2,594 Mil (TTM As of Mar. 2024)


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What is Abco Electronics Co Change In Inventory?

Abco Electronics Co's change in inventory for the quarter that ended in Mar. 2024 was ₩-231 Mil. It means Abco Electronics Co's inventory increased by ₩231 Mil from Dec. 2023 to Mar. 2024 .

Abco Electronics Co's change in inventory for the fiscal year that ended in Dec. 2023 was ₩2,406 Mil. It means Abco Electronics Co's inventory declined by ₩2,406 Mil from Dec. 2022 to Dec. 2023 .

Abco Electronics Co's Total Inventories for the quarter that ended in Mar. 2024 was ₩20,963 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Abco Electronics Co's Days Inventory for the quarter that ended in Mar. 2024 was 68.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Abco Electronics Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.34.

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. Abco Electronics Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.71.


Abco Electronics Co Change In Inventory Historical Data

The historical data trend for Abco Electronics 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.

* Premium members only.

Abco Electronics Co Change In Inventory Chart

Abco Electronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,212.44 -2,430.24 -6,427.05 -979.05 2,406.44

Abco Electronics 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 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 -418.25 173.23 1,975.60 675.87 -230.52

Abco Electronics 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 ₩2,594 Mil.

* 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.


Abco Electronics Co  (XKRX:036010) Change In Inventory Explanation

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

Abco Electronics 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
=20875.076/28011.832*365 / 4
=68.00

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

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

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=20875.076 / 29597.603
=0.71

* 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.


Abco Electronics Co Change In Inventory Related Terms

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Abco Electronics Co (XKRX:036010) Business Description

Traded in Other Exchanges
N/A
Address
5448-4 Sangdaewon-Dong, Jungwon-Gu, Seongnam, Kyeonggi-Do, KOR, 462-120
Abco Electronics Co Ltd operates in the electronic components industry in South Korea. The company is engaged in manufacturing of electronic components like inductors, capacitors, and coils.

Abco Electronics Co (XKRX:036010) Headlines

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