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Solus Advanced Materials (XKRX:336370) Change In Inventory : ₩-25,993 Mil (TTM As of Mar. 2024)


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What is Solus Advanced Materials Change In Inventory?

Solus Advanced Materials's change in inventory for the quarter that ended in Mar. 2024 was ₩-6,230 Mil. It means Solus Advanced Materials's inventory increased by ₩6,230 Mil from Dec. 2023 to Mar. 2024 .

Solus Advanced Materials's change in inventory for the fiscal year that ended in Dec. 2023 was ₩-27,348 Mil. It means Solus Advanced Materials's inventory increased by ₩27,348 Mil from Dec. 2022 to Dec. 2023 .

Solus Advanced Materials's Total Inventories for the quarter that ended in Mar. 2024 was ₩202,648 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Solus Advanced Materials's Days Inventory for the quarter that ended in Mar. 2024 was 162.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Solus Advanced Materials's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.56.

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. Solus Advanced Materials's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.63.


Solus Advanced Materials Change In Inventory Historical Data

The historical data trend for Solus Advanced Materials'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.

Solus Advanced Materials Change In Inventory Chart

Solus Advanced Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
2,512.00 25,086.00 -65,974.00 -37,189.00 -27,348.00

Solus Advanced Materials Quarterly Data
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 -7,585.00 -8,735.46 4,586.46 -15,614.00 -6,230.00

Solus Advanced Materials 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 ₩-25,993 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.


Solus Advanced Materials  (XKRX:336370) Change In Inventory Explanation

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

Solus Advanced Materials's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=197604.394/110766.178*365 / 4
=162.79

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

Solus Advanced Materials'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.

Solus Advanced Materials's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=197604.394 / 121304.603
=1.63

* 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.


Solus Advanced Materials Change In Inventory Related Terms

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Solus Advanced Materials (XKRX:336370) Business Description

Traded in Other Exchanges
Address
15, Jong-ro 33-gil, Jongno-gu, 6th Floor, Yeoungang B/D, Seoul, KOR, 03129
Solus Advanced Materials is a South Korea based company engaged in providing the copper foil for electronic devices. It also provides Battery copper foil for EV batteries, Electro Materials for mobile and TV and Natural materials for cosmeceutical, pharmaceutical and nutraceutical industries.

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