Smart Radar System (XKRX:424960) Change In Inventory : ₩-16 Mil (TTM As of Mar. 2024)

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What is Smart Radar System Change In Inventory?

Smart Radar System's change in inventory for the quarter that ended in Mar. 2024 was ₩44 Mil. It means Smart Radar System's inventory declined by ₩44 Mil from Dec. 2023 to Mar. 2024 .

Smart Radar System's change in inventory for the fiscal year that ended in Dec. 2023 was ₩-811 Mil. It means Smart Radar System's inventory increased by ₩811 Mil from Dec. 2022 to Dec. 2023 .

Smart Radar System's Total Inventories for the quarter that ended in Mar. 2024 was ₩3,086 Mil.

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 quarter that 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 Change In Inventory Historical Data

The historical data trend for Smart Radar System'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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Smart Radar System Change In Inventory Chart

Smart Radar System Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-672.91

-591.94

-1,083.40

-810.78

Smart Radar System Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial			36.74	-167.17	-	-59.20	43.60

Smart Radar System 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 ₩-16 Mil.

Smart Radar System (XKRX:424960) Change In Inventory Explanation

1. 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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3165.8185	/	1932.716	*	365 / 4
	=	149.47

2. 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	/	Average Total Inventories
	=	1932.716	/	3165.8185
	=	0.61

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3165.8185	/	1973.828
	=	1.60

Smart Radar System Change In Inventory Related Terms

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Smart Radar System (XKRX:424960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Smart Radar System Inc (XKRX:424960) » Definitions » Change In Inventory

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.

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