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Nokwon Commercials & Industries (XKRX:065560) Change In Inventory : ₩7,289 Mil (TTM As of Mar. 2024)


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What is Nokwon Commercials & Industries Change In Inventory?

Nokwon Commercials & Industries's change in inventory for the quarter that ended in Mar. 2024 was ₩609 Mil. It means Nokwon Commercials & Industries's inventory declined by ₩609 Mil from Dec. 2023 to Mar. 2024 .

Nokwon Commercials & Industries's change in inventory for the fiscal year that ended in Dec. 2023 was ₩5,741 Mil. It means Nokwon Commercials & Industries's inventory declined by ₩5,741 Mil from Dec. 2022 to Dec. 2023 .

Nokwon Commercials & Industries's Total Inventories for the quarter that ended in Mar. 2024 was ₩2,755 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nokwon Commercials & Industries's Days Inventory for the quarter that ended in Mar. 2024 was 114.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nokwon Commercials & Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.80.

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. Nokwon Commercials & Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.66.


Nokwon Commercials & Industries Change In Inventory Historical Data

The historical data trend for Nokwon Commercials & Industries'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.

* Premium members only.

Nokwon Commercials & Industries Change In Inventory Chart

Nokwon Commercials & Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.93 1,397.72 -299.21 -3,002.52 5,741.39

Nokwon Commercials & Industries 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -938.22 5,004.73 1,440.67 234.20 609.25

Nokwon Commercials & Industries 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 ₩7,289 Mil.

* 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.


Nokwon Commercials & Industries  (XKRX:065560) Change In Inventory Explanation

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

Nokwon Commercials & Industries's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=2984.183/2374.285*365 / 4
=114.69

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

Nokwon Commercials & Industries's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

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.

Nokwon Commercials & Industries's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

* 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.


Nokwon Commercials & Industries Change In Inventory Related Terms

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Nokwon Commercials & Industries (XKRX:065560) Business Description

Traded in Other Exchanges
N/A
Address
165, Gasan Digital 1-ro, 13F, Gasan Business Center, Geumcheon-gu, Seoul, KOR, 153-803
Nokwon Commercials & Industries Inc operates as a software application provider in South Korea. The company is engaged in development of geographic information system.

Nokwon Commercials & Industries (XKRX:065560) Headlines

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