아태비즈니스연구 (Asia-Pacific Journal of Business)

  • 제13권1호
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  • Pages.185-195
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  • 2022
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  • 2233-5900(pISSN)
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  • 2384-3934(eISSN)
강원대학교 경영경제연구소 (KNU The Institute of Management & Economy Research)
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분위회귀분석을 이용한 재고회전율 결정요인 분석

A Study on Determinants of Inventory Turnover using Quantile Regression Analysis

  • Kim, Gilwhan (Department of Business Administration, Keimyung University)
  • 투고 : 2022.02.28
  • 심사 : 2022.03.25
  • 발행 : 2022.03.30
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초록

Purpose - This study attempts to analyze the determinants of inventory turnover by applying quantile regression analysis. Design/methodology/approach - By selecting the gross margin, capital intensity, and sale surprise as the determinants of inventory turnover, we investigate their effects on inventory turnover at the several quartiles (10%, 25%, 50%, 75%, 90%) of inventory turnover with quantile regression analysis. Findings - The effects of gross margin and capital intensity on inventory turnover are different for each quartile. But the effects of sale surprise on inventory turnover are not different for each quartile. Research implications or Originality -This study is the first attempt to examine the effects of inventory turnover determinants on inventory turnover by applying quantile regression analysis was not employed in the prior studies. Thus, this study is meaningful in that it shows the possible way to review inventory management strategies that can be applied differently to the firms with different inventory turnover levels.

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