Hanryu Holdings (Hanryu Holdings) Inventory Turnover : 0.00 (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Hanryu Holdings Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Hanryu Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.44 Mil. Hanryu Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hanryu Holdings's Days Inventory for the three months ended in Sep. 2023 was 0.00.

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. Hanryu Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Hanryu Holdings Inventory Turnover Historical Data

The historical data trend for Hanryu Holdings's Inventory Turnover 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.

Hanryu Holdings Inventory Turnover Chart

Hanryu Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Inventory Turnover

Hanryu Holdings Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial					-	-	-	-	-

Hanryu Holdings Inventory Turnover Calculation

Hanryu Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	0.456	/ (	(0	+	0)	/	1 )
=	0.456	/	0
=	N/A

Hanryu Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	0.442	/ (	(0	+	0)	/	1 )
=	0.442	/	0
=	N/A

Hanryu Holdings (NAS:HRYU) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Hanryu Holdings's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0	/	0.442	*	365 / 4
	=	0.00

2. 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.

Hanryu Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0	/	0.714
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Hanryu Holdings Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Hanryu Holdings's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Hanryu Holdings (Hanryu Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Hanryu Holdings Inc (NAS:HRYU) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

160, Yeouiseo-ro, Yeongdeungpo-gu, Seoul, KOR, 07231

Website

https://www.hanryuholdings.com

Hanryu Holdings Inc is the creator of the engaging and innovative social media platform, FANTOO. FANTOO connects users around the world that share similar interests by providing distinctive service offerings, technologies, applications, and websites. Through FANTOO, it provides a global multi-media platform for its users to interact with other like-minded users, to share their appreciation of various types of entertainment and cultures, create their own content, enjoy other users' content, engage in commerce.