Average pharmaceutical companies’ inventory asset turnover period is 65 days

It was analyzed it takes about 65 days for a listed pharmaceutical company’s manufactured product in a storage to be exhausted.

According to the Yakup Shinmoon’s(www.yakup.com) analysis result of KOSPI and KOSDAQ listed pharmaceutical companies’ 2015 audit reports, the average inventory asset turnover period was turned out to be 65 days.

An inventory asset turnover period, 365 days divided by...