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Korea Refractories Co (XKRX:010040) Days Inventory : 43.93 (As of Mar. 2024)


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What is Korea Refractories Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Korea Refractories Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩40,523 Mil. Korea Refractories Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩84,165 Mil. Hence, Korea Refractories Co's Days Inventory for the three months ended in Mar. 2024 was 43.93.

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

XKRX:010040' s Days Inventory Range Over the Past 10 Years
Min: 42.31   Med: 58.87   Max: 81.11
Current: 42.66

During the past 13 years, Korea Refractories Co's highest Days Inventory was 81.11. The lowest was 42.31. And the median was 58.87.

XKRX:010040's Days Inventory is ranked better than
91.21% of 2912 companies
in the Industrial Products industry
Industry Median: 120.82 vs XKRX:010040: 42.66

Korea Refractories Co's Days Inventory declined from Mar. 2023 (47.56) to Mar. 2024 (43.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. Korea Refractories Co's Inventory Turnover for the three months ended in Mar. 2024 was 2.08.

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. Korea Refractories Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.43.


Korea Refractories Co Days Inventory Historical Data

The historical data trend for Korea Refractories 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.

Korea Refractories Co Days Inventory Chart

Korea Refractories 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 78.50 72.33 61.81 57.67 42.31

Korea Refractories 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 47.56 43.17 42.22 38.27 43.93

Competitive Comparison of Korea Refractories Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Korea Refractories 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.


Korea Refractories Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Korea Refractories Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Korea Refractories Co's Days Inventory falls into.



Korea Refractories Co Days Inventory Calculation

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

Korea Refractories 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
=( (50947.941 + 35987.497) / 2 ) / 374994.978*365
=43467.719 / 374994.978*365
=42.31

Korea Refractories 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
=( (35987.497 + 45059.159) / 2 ) / 84164.92*365 / 4
=40523.328 / 84164.92*365 / 4
=43.93

* 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.


Korea Refractories Co  (XKRX:010040) 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.

Korea Refractories 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=40523.328 / 93353.792
=0.43

* 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.


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.


Korea Refractories Co Days Inventory Related Terms

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


Korea Refractories Co (XKRX:010040) Business Description

Traded in Other Exchanges
N/A
Address
386-14 Gagok-ri, Songsan-myeon, Dangjin-gun, Chungnam, KOR, 343-831
Korea Refractories Co Ltd is involved in developing and manufacturing refractories and furnaces in South Korea. Its refractories include shaped refractories, such as firing and non-firing refractories; and monolithic refractories, including castable refractories, plastic refractories, and mortars. The company's industrial furnaces comprise ferrous metal furnaces, such as metal heating furnaces and metal heat treatment furnaces; non-ferrous metal furnaces, including aluminum melting and holding furnaces, aluminum heat treatment furnaces, and copper heat treatment furnaces; and other furnaces.

Korea Refractories Co (XKRX:010040) Headlines

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