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Dongkuk Holdings (XKRX:001230) Days Inventory : 50.43 (As of Dec. 2023)


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What is Dongkuk Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dongkuk Holdings's Average Total Inventories for the three months ended in Dec. 2023 was ₩234,491 Mil. Dongkuk Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩424,329 Mil. Hence, Dongkuk Holdings's Days Inventory for the three months ended in Dec. 2023 was 50.43.

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

XKRX:001230' s Days Inventory Range Over the Past 10 Years
Min: 45.91   Med: 59.49   Max: 237.14
Current: 73.67

During the past 13 years, Dongkuk Holdings's highest Days Inventory was 237.14. The lowest was 45.91. And the median was 59.49.

XKRX:001230's Days Inventory is ranked better than
59.23% of 574 companies
in the Steel industry
Industry Median: 85.62 vs XKRX:001230: 73.67

Dongkuk Holdings's Days Inventory declined from Dec. 2022 (230.21) to Dec. 2023 (50.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dongkuk Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 1.81.

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. Dongkuk Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.51.


Dongkuk Holdings Days Inventory Historical Data

The historical data trend for Dongkuk Holdings'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.

Dongkuk Holdings Days Inventory Chart

Dongkuk Holdings 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 58.63 56.54 60.35 237.14 147.36

Dongkuk Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 230.21 61.10 148.38 54.03 50.43

Competitive Comparison of Dongkuk Holdings's Days Inventory

For the Steel subindustry, Dongkuk Holdings'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.


Dongkuk Holdings's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Dongkuk Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dongkuk Holdings's Days Inventory falls into.



Dongkuk Holdings Days Inventory Calculation

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

Dongkuk Holdings'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
=( (1123577.003 + 222859.55) / 2 ) / 1667564.306*365
=673218.2765 / 1667564.306*365
=147.36

Dongkuk Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (246123.119 + 222859.55) / 2 ) / 424328.508*365 / 4
=234491.3345 / 424328.508*365 / 4
=50.43

* 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.


Dongkuk Holdings  (XKRX:001230) 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.

Dongkuk Holdings's Inventory Turnover for the three months ended in Dec. 2023 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.

Dongkuk Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=234491.3345 / 456968.309
=0.51

* 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.


Dongkuk Holdings Days Inventory Related Terms

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


Dongkuk Holdings (XKRX:001230) Business Description

Traded in Other Exchanges
N/A
Address
19 Eulji-ro 5-gil, Ferrum Tower, Jung-gu, Seoul, KOR
Dongkuk Holdings is in the business of manufacturing of steel products. Its products include steel plates, reinforcing bars, sections, cold rolled steel sheet, galvanized steel sheet, Pre-coated metal. The company operates in Korea, India, China, Japan, Thailand, the U.S.A., Mexico, and Brazil. It has manufacturing facilities in Incheon, Pohang, Dangjin and Busan.

Dongkuk Holdings (XKRX:001230) Headlines

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