Heerim Architects & Planners Co (XKRX:037440) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Heerim Architects & Planners Co 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. Heerim Architects & Planners Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩49,270 Mil. Heerim Architects & Planners Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Heerim Architects & Planners Co's Days Inventory for the three months ended in Mar. 2024 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. Heerim Architects & Planners Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Heerim Architects & Planners Co Inventory Turnover Historical Data

The historical data trend for Heerim Architects & Planners Co'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.

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Heerim Architects & Planners Co Inventory Turnover Chart

Heerim Architects & Planners Co Annual Data

Trend

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Inventory Turnover

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Heerim Architects & Planners Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Heerim Architects & Planners Co Inventory Turnover Calculation

Heerim Architects & Planners Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	199207.367	/ (	(0	+	0)	/	1 )
=	199207.367	/	0
=	N/A

Heerim Architects & Planners Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	49270.017	/ (	(0	+	0)	/	1 )
=	49270.017	/	0
=	N/A

Heerim Architects & Planners Co (XKRX:037440) 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.

Heerim Architects & Planners Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	49270.017	*	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.

Heerim Architects & Planners Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0	/	56257.344
	=	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.

Heerim Architects & Planners Co Inventory Turnover Related Terms

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Heerim Architects & Planners Co (XKRX:037440) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Heerim Architects & Planners Co Ltd (XKRX:037440) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Heerim Building 12, Gwangpyeong-ro56-gil, Gangnam-gu, Seoul, KOR, 135-885

Website

http://www.heerim.com

Heerim Architects & Planners Co Ltd is involved in providing architectural services in South Korea and internationally. The company offers architectural design, interior design, landscape design, building remodeling, lighting design, urban planning design, sustainable design, business planning, architecture research, construction management, construction supervision, and construction administration service.

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