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Hanwha Solutions (XKRX:009830) Days Inventory : 137.00 (As of Mar. 2024)


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What is Hanwha Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hanwha Solutions's Average Total Inventories for the three months ended in Mar. 2024 was ₩3,296,697 Mil. Hanwha Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩2,195,839 Mil. Hence, Hanwha Solutions's Days Inventory for the three months ended in Mar. 2024 was 137.00.

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

XKRX:009830' s Days Inventory Range Over the Past 10 Years
Min: 63.36   Med: 80.27   Max: 108.74
Current: 108.74

During the past 13 years, Hanwha Solutions's highest Days Inventory was 108.74. The lowest was 63.36. And the median was 80.27.

XKRX:009830's Days Inventory is ranked worse than
66.11% of 1493 companies
in the Chemicals industry
Industry Median: 82.92 vs XKRX:009830: 108.74

Hanwha Solutions's Days Inventory increased from Mar. 2023 (117.95) to Mar. 2024 (137.00). It might indicate that Hanwha Solutions's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hanwha Solutions's Inventory Turnover for the three months ended in Mar. 2024 was 0.67.

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. Hanwha Solutions's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.38.


Hanwha Solutions Days Inventory Historical Data

The historical data trend for Hanwha Solutions'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.

Hanwha Solutions Days Inventory Chart

Hanwha Solutions 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 70.71 73.10 78.38 89.99 104.99

Hanwha Solutions 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 117.95 104.95 121.50 89.74 137.00

Competitive Comparison of Hanwha Solutions's Days Inventory

For the Chemicals subindustry, Hanwha Solutions'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.


Hanwha Solutions's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Hanwha Solutions's Days Inventory falls into.



Hanwha Solutions Days Inventory Calculation

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

Hanwha Solutions'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
=( (3060107.832 + 3296696.682) / 2 ) / 11049867.765*365
=3178402.257 / 11049867.765*365
=104.99

Hanwha Solutions'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
=( (3296696.682 + 0) / 1 ) / 2195839.379*365 / 4
=3296696.682 / 2195839.379*365 / 4
=137.00

* 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.


Hanwha Solutions  (XKRX:009830) 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.

Hanwha Solutions'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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=3296696.682 / 2392856.653
=1.38

* 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.


Hanwha Solutions Days Inventory Related Terms

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


Hanwha Solutions (XKRX:009830) Business Description

Traded in Other Exchanges
Address
86, Cheonggyecheon-ro, Jung-gu, Seoul, KOR, 100797
Hanwha Solutions Corp is a Korean Conglomerate company. Its business includes manufacturing and distribution of PE, PVC, and CA; manufacturing and distribution of automotive parts; department stores, wholesaling and retailing; manufacturing and distribution of solar products, such as ingots and modules; and other businesses. The company's geographical segments include Korea, China, Germany, and others.

Hanwha Solutions (XKRX:009830) Headlines

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