SNT Dynamics Co (XKRX:003570) Inventory Turnover : 0.69 (As of Mar. 2024)

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What is SNT Dynamics Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. SNT Dynamics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩96,033 Mil. SNT Dynamics Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩139,817 Mil. SNT Dynamics Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SNT Dynamics Co's Days Inventory for the three months ended in Mar. 2024 was 132.85.

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. SNT Dynamics Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.23.

SNT Dynamics Co Inventory Turnover Historical Data

The historical data trend for SNT Dynamics Co's Inventory Turnover 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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SNT Dynamics Co Inventory Turnover Chart

SNT Dynamics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.94

3.07

3.39

3.25

3.49

SNT Dynamics Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.65	0.63	0.85	1.09	0.69

SNT Dynamics Co Inventory Turnover Calculation

SNT Dynamics Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	420431.996	/ (	(130164.846	+	110637.606)	/	2 )
=	420431.996	/	120401.226
=	3.49

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

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	96032.94	/ (	(110637.606	+	168995.584)	/	2 )
=	96032.94	/	139816.595
=	0.69

SNT Dynamics Co (XKRX:003570) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

SNT Dynamics Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	139816.595	/	96032.94	*	365 / 4
	=	132.85

2. 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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	139816.595	/	114055.256
	=	1.23

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

SNT Dynamics Co Inventory Turnover Related Terms

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SNT Dynamics Co (XKRX:003570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » SNT Dynamics Co Ltd (XKRX:003570) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 599, Nammyeon-ro, Seongsan-gu, Gyeongsangnam-do, Changwon-si, KOR

Website

http://www.hisntd.com

SNT Dynamics Co Ltd engages in the manufacture and sale of transportation apparatus and machines. Its business is divided into transportation equipment business, machinery business, and industrial facility business. The transportation equipment business is divided into defense industrial products (transmissions and guns for defense, etc.) and vehicle parts (transmissions, axles, etc.), the machinery business is divided into machine tools, and the industrial facility business is divided into air-cooled heat exchangers.

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