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LX International (XKRX:001120) Days Inventory : 23.79 (As of Mar. 2024)


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What is LX International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). LX International's Average Total Inventories for the three months ended in Mar. 2024 was ₩893,874 Mil. LX International's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩3,429,133 Mil. Hence, LX International's Days Inventory for the three months ended in Mar. 2024 was 23.79.

The historical rank and industry rank for LX International's Days Inventory or its related term are showing as below:

XKRX:001120' s Days Inventory Range Over the Past 10 Years
Min: 16.86   Med: 20.17   Max: 29.15
Current: 24.72

During the past 13 years, LX International's highest Days Inventory was 29.15. The lowest was 16.86. And the median was 20.17.

XKRX:001120's Days Inventory is ranked better than
83.07% of 449 companies
in the Conglomerates industry
Industry Median: 73.45 vs XKRX:001120: 24.72

LX International's Days Inventory increased from Mar. 2023 (19.92) to Mar. 2024 (23.79). It might indicate that LX International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. LX International's Inventory Turnover for the three months ended in Mar. 2024 was 3.84.

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. LX International's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.24.


LX International Days Inventory Historical Data

The historical data trend for LX International's Days Inventory 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.

LX International Days Inventory Chart

LX International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.21 20.14 19.83 18.54 22.27

LX International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory 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 19.92 25.02 26.59 25.81 23.79

Competitive Comparison of LX International's Days Inventory

For the Conglomerates subindustry, LX International's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LX International's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, LX International's Days Inventory distribution charts can be found below:

* The bar in red indicates where LX International's Days Inventory falls into.



LX International Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

LX International's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (698349.599 + 904844.382) / 2 ) / 13138717.078*365
=801596.9905 / 13138717.078*365
=22.27

LX International's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (904844.382 + 882902.7) / 2 ) / 3429132.803*365 / 4
=893873.541 / 3429132.803*365 / 4
=23.79

* 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.


LX International  (XKRX:001120) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

LX International's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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.

LX International's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=893873.541 / 3776092.534
=0.24

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


LX International Days Inventory Related Terms

Thank you for viewing the detailed overview of LX International's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


LX International (XKRX:001120) Business Description

Traded in Other Exchanges
N/A
Address
20 Yoido-dong, LG Twin Towers, Youngdungpo-gu, Seoul, KOR, 150-721
LX International Corp is a Korean-based company predominantly engaged in the import and export of goods, and other business activities. The Company operates its business through three segments: Industrials/Solutions, Logistics, and Energy/Palm segment. The industrial material/Solutions segment engages in IT, chemicals, metal material, project, IT, platform, and others. The logistics segment engages in shipping, air transport, land transport, international courier, customs, warehousing, distribution consulting, and others. The Energy/Palm segment engages in the development and sales of coal, the development of metals, Agro & Food, Indonesia palm activities. It operates in Korea, the Americas, Europe, Asia, and Others. The majority of its revenues are derived from Korea and the Asian region.

LX International (XKRX:001120) Headlines

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