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Hae In (XKRX:003010) Days Inventory : 288.36 (As of Mar. 2024)


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What is Hae In Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hae In's Average Total Inventories for the three months ended in Mar. 2024 was ₩104,658 Mil. Hae In's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩33,119 Mil. Hence, Hae In's Days Inventory for the three months ended in Mar. 2024 was 288.36.

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

XKRX:003010' s Days Inventory Range Over the Past 10 Years
Min: 123.08   Med: 145.76   Max: 196.8
Current: 159.34

During the past 13 years, Hae In's highest Days Inventory was 196.80. The lowest was 123.08. And the median was 145.76.

XKRX:003010's Days Inventory is ranked worse than
78.87% of 142 companies
in the Industrial Distribution industry
Industry Median: 88.49 vs XKRX:003010: 159.34

Hae In's Days Inventory increased from Mar. 2023 (177.21) to Mar. 2024 (288.36). It might indicate that Hae In's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hae In's Inventory Turnover for the three months ended in Mar. 2024 was 0.32.

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. Hae In's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.38.


Hae In Days Inventory Historical Data

The historical data trend for Hae In'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.

Hae In Days Inventory Chart

Hae In 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 132.66 135.31 123.08 174.14 142.49

Hae In 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 177.21 131.68 163.72 123.01 288.36

Competitive Comparison of Hae In's Days Inventory

For the Industrial Distribution subindustry, Hae In'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.


Hae In's Days Inventory Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hae In's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hae In's Days Inventory falls into.



Hae In Days Inventory Calculation

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

Hae In'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
=( (89370.971 + 96612.3) / 2 ) / 238206.074*365
=92991.6355 / 238206.074*365
=142.49

Hae In'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
=( (96612.3 + 112704.686) / 2 ) / 33118.726*365 / 4
=104658.493 / 33118.726*365 / 4
=288.36

* 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.


Hae In  (XKRX:003010) 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.

Hae In'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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=104658.493 / 43980.817
=2.38

* 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.


Hae In Days Inventory Related Terms

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


Hae In (XKRX:003010) Business Description

Traded in Other Exchanges
N/A
Address
86, Dongsan-ro, Seocho-gu, Seoul, KOR
Hae In Corp is a South Korea based company engaged in providing Caterpillar engines, generator sets, and propulsions used in various applications in electric power generation, industrial power, marine, and oil & gas sectors. The company is also in the businesses of Construction Equipment, Industrial Equipment, Parts & Maintenance Service and New and Renewable Energies.

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