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Hyundai Mobis Co (XKRX:012330) Days Inventory : 39.62 (As of Dec. 2023)


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What is Hyundai Mobis Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hyundai Mobis Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩5,576,977 Mil. Hyundai Mobis Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩12,846,066 Mil. Hence, Hyundai Mobis Co's Days Inventory for the three months ended in Dec. 2023 was 39.62.

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

XKRX:012330' s Days Inventory Range Over the Past 10 Years
Min: 28.62   Med: 32.69   Max: 37.93
Current: 37.93

During the past 13 years, Hyundai Mobis Co's highest Days Inventory was 37.93. The lowest was 28.62. And the median was 32.69.

XKRX:012330's Days Inventory is ranked better than
85.61% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 81.295 vs XKRX:012330: 37.93

Hyundai Mobis Co's Days Inventory increased from Dec. 2022 (37.15) to Dec. 2023 (39.62). It might indicate that Hyundai Mobis Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hyundai Mobis Co's Inventory Turnover for the three months ended in Dec. 2023 was 2.30.

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. Hyundai Mobis Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.38.


Hyundai Mobis Co Days Inventory Historical Data

The historical data trend for Hyundai Mobis 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.

Hyundai Mobis Co Days Inventory Chart

Hyundai Mobis 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 32.24 34.82 36.72 37.92 37.47

Hyundai Mobis Co 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 37.15 36.55 35.51 40.84 39.62

Competitive Comparison of Hyundai Mobis Co's Days Inventory

For the Auto Parts subindustry, Hyundai Mobis 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.


Hyundai Mobis Co's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hyundai Mobis Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hyundai Mobis Co's Days Inventory falls into.



Hyundai Mobis Co Days Inventory Calculation

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

Hyundai Mobis 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
=( (5267166 + 5511638) / 2 ) / 52492187*365
=5389402 / 52492187*365
=37.47

Hyundai Mobis Co'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
=( (5642316 + 5511638) / 2 ) / 12846066*365 / 4
=5576977 / 12846066*365 / 4
=39.62

* 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.


Hyundai Mobis Co  (XKRX:012330) 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.

Hyundai Mobis Co'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.

Hyundai Mobis Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* 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.


Hyundai Mobis Co Days Inventory Related Terms

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


Hyundai Mobis Co (XKRX:012330) Business Description

Traded in Other Exchanges
N/A
Address
203, Teheran-ro, Gangnam-gu, Seoul, KOR, 06141
Hyundai Mobis is an automotive parts manufacturer. Its business segments are: automobile modules, major automobile parts, aftersales parts, and accessories. The automobiles modules division manufactures and supplies chassis modules, cockpit modules, and front-end modules. The major automobile parts segment offers safety systems, braking systems, steering systems, lamp systems, air suspension systems, audio systems, and AV Navigation systems. The aftersales parts segment streamlines logistics hubs and establishes high-tech distribution systems.

Hyundai Mobis Co (XKRX:012330) Headlines

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