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Kukdo Chemical Co (XKRX:007690) Days Inventory : 77.32 (As of Mar. 2024)


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What is Kukdo Chemical Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kukdo Chemical Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩215,913 Mil. Kukdo Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩254,812 Mil. Hence, Kukdo Chemical Co's Days Inventory for the three months ended in Mar. 2024 was 77.32.

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

XKRX:007690' s Days Inventory Range Over the Past 10 Years
Min: 36.54   Med: 44.14   Max: 78
Current: 72.02

During the past 13 years, Kukdo Chemical Co's highest Days Inventory was 78.00. The lowest was 36.54. And the median was 44.14.

XKRX:007690's Days Inventory is ranked better than
57.55% of 1491 companies
in the Chemicals industry
Industry Median: 81.73 vs XKRX:007690: 72.02

Kukdo Chemical Co's Days Inventory increased from Mar. 2023 (76.74) to Mar. 2024 (77.32). It might indicate that Kukdo Chemical Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kukdo Chemical Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.18.

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. Kukdo Chemical Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.73.


Kukdo Chemical Co Days Inventory Historical Data

The historical data trend for Kukdo Chemical 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.

Kukdo Chemical Co Days Inventory Chart

Kukdo Chemical 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 48.25 47.26 58.64 74.27 78.00

Kukdo Chemical 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 76.74 69.05 68.43 71.37 77.32

Competitive Comparison of Kukdo Chemical Co's Days Inventory

For the Chemicals subindustry, Kukdo Chemical 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.


Kukdo Chemical Co's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kukdo Chemical Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kukdo Chemical Co's Days Inventory falls into.



Kukdo Chemical Co Days Inventory Calculation

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

Kukdo Chemical 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
=( (272483.907 + 213377.226) / 2 ) / 1136857.807*365
=242930.5665 / 1136857.807*365
=78.00

Kukdo Chemical 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
=( (213377.226 + 218449.625) / 2 ) / 254811.639*365 / 4
=215913.4255 / 254811.639*365 / 4
=77.32

* 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.


Kukdo Chemical Co  (XKRX:007690) 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.

Kukdo Chemical 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.

Kukdo Chemical Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=215913.4255 / 296145.654
=0.73

* 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.


Kukdo Chemical Co Days Inventory Related Terms

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


Kukdo Chemical Co (XKRX:007690) Business Description

Traded in Other Exchanges
N/A
Address
61, Gasan Digital 2-ro, Geumcheon-gu, Seoul, KOR
Kukdo Chemical Co Ltd is a Korea-based company, engaged in the manufacture and sale of epoxy and polyamide resins. The company operates in two segments: epoxy segment and polyol segment. The epoxy segment specializes in the development of epoxy resin products including brominated epoxy resin, non-halogen flames retardant epoxy and others used in paints, electrical and electronic parts, aerospace and information technology. The polyol segment offers coating polyols, adhesive polyols, sealant polyols, rigid polyols and others used as building insulation materials, automobile interior materials, waterproofs, adhesives and so on. The group distributes its product within the Korean and overseas markets.

Kukdo Chemical Co (XKRX:007690) Headlines

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