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CHOSUN WELDING POHANG Co (XKRX:120030) Days Inventory : 136.92 (As of Mar. 2024)


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What is CHOSUN WELDING POHANG Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CHOSUN WELDING POHANG Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩12,044 Mil. CHOSUN WELDING POHANG Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩8,027 Mil. Hence, CHOSUN WELDING POHANG Co's Days Inventory for the three months ended in Mar. 2024 was 136.92.

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

XKRX:120030' s Days Inventory Range Over the Past 10 Years
Min: 76.69   Med: 95.93   Max: 129.04
Current: 113.66

During the past 13 years, CHOSUN WELDING POHANG Co's highest Days Inventory was 129.04. The lowest was 76.69. And the median was 95.93.

XKRX:120030's Days Inventory is ranked better than
54.04% of 2898 companies
in the Industrial Products industry
Industry Median: 121.615 vs XKRX:120030: 113.66

CHOSUN WELDING POHANG Co's Days Inventory increased from Mar. 2023 (130.86) to Mar. 2024 (136.92). It might indicate that CHOSUN WELDING POHANG Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CHOSUN WELDING POHANG Co'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. CHOSUN WELDING POHANG Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.13.


CHOSUN WELDING POHANG Co Days Inventory Historical Data

The historical data trend for CHOSUN WELDING POHANG 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.

CHOSUN WELDING POHANG Co Days Inventory Chart

CHOSUN WELDING POHANG 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 93.99 99.90 109.35 129.04 114.02

CHOSUN WELDING POHANG 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 130.86 111.36 117.12 96.34 136.92

Competitive Comparison of CHOSUN WELDING POHANG Co's Days Inventory

For the Tools & Accessories subindustry, CHOSUN WELDING POHANG 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.


CHOSUN WELDING POHANG Co's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where CHOSUN WELDING POHANG Co's Days Inventory falls into.



CHOSUN WELDING POHANG Co Days Inventory Calculation

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

CHOSUN WELDING POHANG 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
=( (18567.397 + 12469.932) / 2 ) / 49676.405*365
=15518.6645 / 49676.405*365
=114.02

CHOSUN WELDING POHANG 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
=( (12469.932 + 11617.854) / 2 ) / 8026.711*365 / 4
=12043.893 / 8026.711*365 / 4
=136.92

* 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.


CHOSUN WELDING POHANG Co  (XKRX:120030) 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.

CHOSUN WELDING POHANG 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=12043.893 / 10654.042
=1.13

* 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.


CHOSUN WELDING POHANG Co Days Inventory Related Terms

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


CHOSUN WELDING POHANG Co (XKRX:120030) Business Description

Traded in Other Exchanges
N/A
Address
865 Jangheung-Dong, Nam-Gu, Pohang, KOR
CHOSUN WELDING POHANG Co Ltd produces and sells welding materials in Korea. It offers covered arc welding electrodes, stick electrodes, submerged arc materials, and solid wires, as well as Mag wires for use in carbon dioxide gas arc welding applications.

CHOSUN WELDING POHANG Co (XKRX:120030) Headlines

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