Ace Technologies (XKRX:088800) Change In Inventory : ₩15,603 Mil (TTM As of Mar. 2024)

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What is Ace Technologies Change In Inventory?

Ace Technologies's change in inventory for the quarter that ended in Mar. 2024 was ₩760 Mil. It means Ace Technologies's inventory declined by ₩760 Mil from Dec. 2023 to Mar. 2024 .

Ace Technologies's change in inventory for the fiscal year that ended in Dec. 2023 was ₩14,042 Mil. It means Ace Technologies's inventory declined by ₩14,042 Mil from Dec. 2022 to Dec. 2023 .

Ace Technologies's Total Inventories for the quarter that ended in Mar. 2024 was ₩45,931 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ace Technologies's Days Inventory for the quarter that ended in Mar. 2024 was 149.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ace Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.61.

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. Ace Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.50.

Ace Technologies Change In Inventory Historical Data

The historical data trend for Ace Technologies'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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Ace Technologies Change In Inventory Chart

Ace Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-7,667.15

411.44

-20,477.97

-14,777.68

14,042.47

Ace Technologies 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															-800.17	5,866.52	4,690.07	4,286.05	760.17

Ace Technologies 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 ₩15,603 Mil.

Ace Technologies (XKRX:088800) Change In Inventory Explanation

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

Ace Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	45846.1635	/	27988.043	*	365 / 4
	=	149.47

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

Ace Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	27988.043	/	45846.1635
	=	0.61

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.

Ace Technologies's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	45846.1635	/	30601.904
	=	1.50

Ace Technologies Change In Inventory Related Terms

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Ace Technologies (XKRX:088800) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ace Technologies Corp (XKRX:088800) » Definitions » Change In Inventory

Traded in Other Exchanges

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Address

451-3, Nonhyeon-dong, Namdong-gu, Incheon, KOR, 405-849

Website

http://www.acetech.co.kr

Ace Technologies Corp is a South Korea based company engages in the manufacturing of wireless communication RF equipment and antennas. Its main products include base-station RF components, such as base station antennas, filters, radio's for telecoms (RRH) and other markets; mobile antennas, and RF connectors.

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