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Dreamtech Co (XKRX:192650) Inventory Turnover : 2.21 (As of Mar. 2024)


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What is Dreamtech 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. Dreamtech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩249,165 Mil. Dreamtech Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩112,986 Mil. Dreamtech Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dreamtech Co's Days Inventory for the three months ended in Mar. 2024 was 41.38.

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. Dreamtech Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.40.


Dreamtech Co Inventory Turnover Historical Data

The historical data trend for Dreamtech 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.

* Premium members only.

Dreamtech Co Inventory Turnover Chart

Dreamtech Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.53 11.34 7.77 6.82 6.35

Dreamtech 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 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 1.83 1.50 2.19 2.06 2.21

Dreamtech Co Inventory Turnover Calculation

Dreamtech 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 )
=913662.972 / ((174866.898 + 112986.354) / 2 )
=913662.972 / 143926.626
=6.35

Dreamtech 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 )
=249164.944 / ((112986.354 + 0) / 1 )
=249164.944 / 112986.354
=2.21

* 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.


Dreamtech Co  (XKRX:192650) 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.

Dreamtech 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
=112986.354/249164.944*365 / 4
=41.38

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.

Dreamtech 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 )
=112986.354 / 284110.553
=0.40

* 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.


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.


Dreamtech Co Inventory Turnover Related Terms

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Dreamtech Co (XKRX:192650) Business Description

Traded in Other Exchanges
N/A
Address
3rd & 4th Floor, Uniquest Building, 314 Hwangsaeul-ro, Bundang, Seongnam, Gyeonggi, KOR, 463-824
Dreamtech Co Ltd is engaged in the development and production of mobile phone modules. It provides customized solutions for OLED display modules, fingerprint sensor modules, automotive LED modules, IT convergence, sensor packages and medical devices.

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