Sunjin Beauty Science Co (XKRX:086710) Inventory Turnover : 0.85 (As of Mar. 2024)

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What is Sunjin Beauty Science 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. Sunjin Beauty Science Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩13,278 Mil. Sunjin Beauty Science Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩15,695 Mil. Sunjin Beauty Science Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sunjin Beauty Science Co's Days Inventory for the three months ended in Mar. 2024 was 107.87.

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. Sunjin Beauty Science Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.75.

Sunjin Beauty Science Co Inventory Turnover Historical Data

The historical data trend for Sunjin Beauty Science 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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Sunjin Beauty Science Co Inventory Turnover Chart

Sunjin Beauty Science Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

3.66

3.68

3.51

3.78

3.35

Sunjin Beauty Science Co Quarterly Data
	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												1.07	1.05	0.76	0.80	0.85

Sunjin Beauty Science Co Inventory Turnover Calculation

Sunjin Beauty Science 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 )
=	48181.687	/ (	(12880.621	+	15886.573)	/	2 )
=	48181.687	/	14383.597
=	3.35

Sunjin Beauty Science 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 )
=	13277.701	/ (	(15886.573	+	15504.39)	/	2 )
=	13277.701	/	15695.4815
=	0.85

Sunjin Beauty Science Co (XKRX:086710) 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.

Sunjin Beauty Science 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
	=	15695.4815	/	13277.701	*	365 / 4
	=	107.87

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.

Sunjin Beauty Science 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 )
	=	15695.4815	/	20793.872
	=	0.75

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.

Sunjin Beauty Science Co Inventory Turnover Related Terms

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Sunjin Beauty Science Co (XKRX:086710) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sunjin Beauty Science Co Ltd (XKRX:086710) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

256, Haean-ro, Danwon-gu, Gyeonggi-do, Ansan-si, KOR, 15612

Website

http://www.sunjinbs.com

Sunjin Beauty Science Co Ltd is a cosmetic raw material company. It provides products including UV filters, Microbeads, Active Ingredients, and Pigments & Pigments Dispersion.

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