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Incheon City Gas Co (XKRX:034590) Days Inventory : 0.29 (As of Mar. 2024)


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What is Incheon City Gas Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Incheon City Gas Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩911 Mil. Incheon City Gas Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩290,885 Mil. Hence, Incheon City Gas Co's Days Inventory for the three months ended in Mar. 2024 was 0.29.

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

XKRX:034590' s Days Inventory Range Over the Past 10 Years
Min: 0.13   Med: 0.27   Max: 0.51
Current: 0.41

During the past 13 years, Incheon City Gas Co's highest Days Inventory was 0.51. The lowest was 0.13. And the median was 0.27.

XKRX:034590's Days Inventory is ranked better than
97.84% of 463 companies
in the Utilities - Regulated industry
Industry Median: 23.46 vs XKRX:034590: 0.41

Incheon City Gas Co's Days Inventory stayed the same from Mar. 2023 (0.29) to Mar. 2024 (0.29).

Inventory Turnover measures how fast the company turns over its inventory within a year. Incheon City Gas Co's Inventory Turnover for the three months ended in Mar. 2024 was 319.24.

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. Incheon City Gas Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Incheon City Gas Co Days Inventory Historical Data

The historical data trend for Incheon City Gas 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.

Incheon City Gas Co Days Inventory Chart

Incheon City Gas 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 0.29 0.44 0.51 0.41 0.43

Incheon City Gas 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 0.29 0.70 0.69 0.31 0.29

Competitive Comparison of Incheon City Gas Co's Days Inventory

For the Utilities - Regulated Gas subindustry, Incheon City Gas 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.


Incheon City Gas Co's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Incheon City Gas Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Incheon City Gas Co's Days Inventory falls into.



Incheon City Gas Co Days Inventory Calculation

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

Incheon City Gas 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
=( (818.971 + 852.581) / 2 ) / 703304.469*365
=835.776 / 703304.469*365
=0.43

Incheon City Gas 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
=( (852.581 + 969.751) / 2 ) / 290884.741*365 / 4
=911.166 / 290884.741*365 / 4
=0.29

* 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.


Incheon City Gas Co  (XKRX:034590) 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.

Incheon City Gas 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.

Incheon City Gas Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Incheon City Gas Co Days Inventory Related Terms

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


Incheon City Gas Co (XKRX:034590) Business Description

Traded in Other Exchanges
N/A
Address
934, No. 23, Kwakbom Rd, Gyeonggi-do, Incheon, KOR
Incheon City Gas Co Ltd is a South Korea based company operates in the Natural gas distribution sector. Its products include natural gas and liquefied natural gas used in households, automobiles, commercial, and industrial businesses.

Incheon City Gas Co (XKRX:034590) Headlines

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