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Yeong Hwa Metal Co (XKRX:012280) Days Inventory : 57.55 (As of Mar. 2024)


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What is Yeong Hwa Metal Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yeong Hwa Metal Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩41,772 Mil. Yeong Hwa Metal Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩66,235 Mil. Hence, Yeong Hwa Metal Co's Days Inventory for the three months ended in Mar. 2024 was 57.55.

The historical rank and industry rank for Yeong Hwa Metal Co's Days Inventory or its related term are showing as below:

XKRX:012280' s Days Inventory Range Over the Past 10 Years
Min: 17.05   Med: 31.4   Max: 53.49
Current: 53.49

During the past 13 years, Yeong Hwa Metal Co's highest Days Inventory was 53.49. The lowest was 17.05. And the median was 31.40.

XKRX:012280's Days Inventory is ranked better than
74.01% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 81.125 vs XKRX:012280: 53.49

Yeong Hwa Metal Co's Days Inventory increased from Mar. 2023 (47.15) to Mar. 2024 (57.55). It might indicate that Yeong Hwa Metal Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yeong Hwa Metal Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.59.

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. Yeong Hwa Metal Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.59.


Yeong Hwa Metal Co Days Inventory Historical Data

The historical data trend for Yeong Hwa Metal Co'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.

Yeong Hwa Metal Co Days Inventory Chart

Yeong Hwa Metal Co 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 35.29 52.31 48.46 49.49 53.37

Yeong Hwa Metal Co 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 47.15 55.29 51.34 51.49 57.55

Competitive Comparison of Yeong Hwa Metal Co's Days Inventory

For the Auto Parts subindustry, Yeong Hwa Metal Co'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.


Yeong Hwa Metal Co's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Yeong Hwa Metal Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Yeong Hwa Metal Co's Days Inventory falls into.



Yeong Hwa Metal Co Days Inventory Calculation

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

Yeong Hwa Metal Co'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
=( (38966.472 + 41631.551) / 2 ) / 275622.218*365
=40299.0115 / 275622.218*365
=53.37

Yeong Hwa Metal Co'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
=( (41631.551 + 41912.519) / 2 ) / 66235.082*365 / 4
=41772.035 / 66235.082*365 / 4
=57.55

* 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.


Yeong Hwa Metal Co  (XKRX:012280) 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.

Yeong Hwa Metal Co'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.

Yeong Hwa Metal Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=41772.035 / 70315.519
=0.59

* 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.


Yeong Hwa Metal Co Days Inventory Related Terms

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


Yeong Hwa Metal Co (XKRX:012280) Business Description

Traded in Other Exchanges
N/A
Address
363-6 Namyang-dong, Jinhae-gu, Changwon, KOR, 645-480
Yeong Hwa Metal Co Ltd operates in the auto parts industry in South Korea. The company is engaged in the manufacturing of parts and accessories for motor vehicles. The products of the company are engine, axle, brake, and crank shaft.

Yeong Hwa Metal Co (XKRX:012280) Headlines

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