Listed pharmas took 69 days for inventory asset rotation period

It was analyzed it took 69 days – it was increased by 3.7 days compared to the year before – on average to clear out the stock in 2016.

According to the Yakup Shinmoon’s(www.yakup.com) analysis result of KOSPI and KOSDAQ listed pharmaceutical companies’ 2016 audit reports, their average inventory asset rotation period was 69 days.

Inventory asset rotation period, a division of the inventory a...