GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Huvitz Co Ltd (XKRX:065510) » Definitions » Days Inventory

Huvitz Co (XKRX:065510) Days Inventory : 260.36 (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Huvitz Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Huvitz Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩41,190 Mil. Huvitz Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩14,436 Mil. Hence, Huvitz Co's Days Inventory for the three months ended in Mar. 2024 was 260.36.

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

XKRX:065510' s Days Inventory Range Over the Past 10 Years
Min: 128.75   Med: 151.94   Max: 223.4
Current: 223.4

During the past 13 years, Huvitz Co's highest Days Inventory was 223.40. The lowest was 128.75. And the median was 151.94.

XKRX:065510's Days Inventory is ranked worse than
59.64% of 773 companies
in the Medical Devices & Instruments industry
Industry Median: 193.31 vs XKRX:065510: 223.40

Huvitz Co's Days Inventory increased from Mar. 2023 (207.46) to Mar. 2024 (260.36). It might indicate that Huvitz Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Huvitz Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.35.

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. Huvitz Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.53.


Huvitz Co Days Inventory Historical Data

The historical data trend for Huvitz 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.

Huvitz Co Days Inventory Chart

Huvitz 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 152.06 209.52 158.14 194.75 212.07

Huvitz 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 207.46 191.85 199.49 243.67 260.36

Competitive Comparison of Huvitz Co's Days Inventory

For the Medical Devices subindustry, Huvitz 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.


Huvitz Co's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Huvitz Co's Days Inventory distribution charts can be found below:

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



Huvitz Co Days Inventory Calculation

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

Huvitz 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
=( (35881.804 + 39430.661) / 2 ) / 64809.743*365
=37656.2325 / 64809.743*365
=212.07

Huvitz 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
=( (39430.661 + 42948.704) / 2 ) / 14435.998*365 / 4
=41189.6825 / 14435.998*365 / 4
=260.36

* 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.


Huvitz Co  (XKRX:065510) 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.

Huvitz 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=41189.6825 / 26908.621
=1.53

* 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.


Huvitz Co Days Inventory Related Terms

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


Huvitz Co (XKRX:065510) Business Description

Traded in Other Exchanges
N/A
Address
689-3 Geumjeong-dong, Gunpo-si, Gyeonggi, KOR, 435-862
Huvitz Co Ltd is engaged in developing and selling optometric medical equipment worldwide. The company offers ophthalmic and optical equipment comprising refractive equipment, such as auto ref/keratometers, auto lensmeters, digital refractors, chart projectors, and unit tables; and diagnostic equipment comprising slit lamps, non-contact tonometers, and applanation tonometers, as well as surgical products.

Huvitz Co (XKRX:065510) Headlines

No Headlines