Korea Information Engineering Services Co (XKRX:039740) Change In Inventory : ₩3,962 Mil (TTM As of Mar. 2024)

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What is Korea Information Engineering Services Co Change In Inventory?

Korea Information Engineering Services Co's change in inventory for the quarter that ended in Mar. 2024 was ₩1,478 Mil. It means Korea Information Engineering Services Co's inventory declined by ₩1,478 Mil from Dec. 2023 to Mar. 2024 .

Korea Information Engineering Services Co's change in inventory for the fiscal year that ended in Dec. 2023 was ₩5,564 Mil. It means Korea Information Engineering Services Co's inventory declined by ₩5,564 Mil from Dec. 2022 to Dec. 2023 .

Korea Information Engineering Services Co's Total Inventories for the quarter that ended in Mar. 2024 was ₩8,635 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Korea Information Engineering Services Co's Days Inventory for the quarter that ended in Mar. 2024 was 35.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Korea Information Engineering Services Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.60.

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. Korea Information Engineering Services Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.33.

Korea Information Engineering Services Co Change In Inventory Historical Data

The historical data trend for Korea Information Engineering Services 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.

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Korea Information Engineering Services Co Change In Inventory Chart

Korea Information Engineering Services Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-11,722.58

8,189.78

-1,909.27

-5,264.23

5,564.46

Korea Information Engineering Services 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															3,081.11	489.55	-568.62	2,562.42	1,478.38

Korea Information Engineering Services 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 ₩3,962 Mil.

Korea Information Engineering Services Co (XKRX:039740) Change In Inventory Explanation

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

Korea Information Engineering Services 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
	=	9176.078	/	23892.923	*	365 / 4
	=	35.04

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

Korea Information Engineering Services Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	23892.923	/	9176.078
	=	2.60

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.

Korea Information Engineering Services Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9176.078	/	27647.335
	=	0.33

Korea Information Engineering Services Co Change In Inventory Related Terms

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Korea Information Engineering Services Co (XKRX:039740) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Korea Information Engineering Services Co Ltd (XKRX:039740) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Gyeon-rim Building, 253-4 Seohyeon-dong, Bundang-gu, Gyeonggi-do, Seoul, KOR

Website

http://www.kies.co.kr

Korea Information Engineering Services Co Ltd is involved in designing, constructing, and maintaining administrative databases and networks used in schools and governmental offices of education in South Korea. The company also develops and markets scalable software applications and Internet security software.

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