Industrial Bank of Korea (XKRX:024110) Change In Inventory : ₩0 Mil (TTM As of Mar. 2024)

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What is Industrial Bank of Korea Change In Inventory?

Industrial Bank of Korea's change in inventory for the quarter that ended in Mar. 2024 was ₩0 Mil. It means Industrial Bank of Korea's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Industrial Bank of Korea's change in inventory for the fiscal year that ended in Dec. 2023 was ₩0 Mil. It means Industrial Bank of Korea's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Industrial Bank of Korea's Total Inventories for the quarter that ended in Mar. 2024 was ₩0 Mil.

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

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

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. Industrial Bank of Korea's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Industrial Bank of Korea Change In Inventory Historical Data

The historical data trend for Industrial Bank of Korea'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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Industrial Bank of Korea Change In Inventory Chart

Industrial Bank of Korea Annual Data

Trend

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Change In Inventory

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Industrial Bank of Korea 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															-	-	-	-	-

Industrial Bank of Korea 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 ₩0 Mil.

Industrial Bank of Korea (XKRX:024110) Change In Inventory Explanation

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

Industrial Bank of Korea's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

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

Industrial Bank of Korea's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

Industrial Bank of Korea's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	2390155
	=	0.00

Industrial Bank of Korea Change In Inventory Related Terms

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Industrial Bank of Korea (XKRX:024110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Industrial Bank of Korea (XKRX:024110) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

50 Euljiro 2-Ga, Joong-Gu, Seoul, KOR, 100-758

Website

https://www.ibk.co.kr

Industrial Bank of Korea is a financial institution domiciled in Korea. The company principally earns revenue from interest income. The bank organises itself into seven segments: retail, corporate, money market, investment banking, credit card, foreign exchange, and others. Corporate banking operations represent more than half consolidated revenue, with retail banking operations the next most significant segment. The vast majority of revenue is derived domestically. The Republic of Korea is a majority shareholder in Industrial Bank of Korea.

Industrial Bank of Korea (XKRX:024110) Headlines

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