Daesung Hi Tech Co (XKRX:129920) Days Inventory : 448.27 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Daesung Hi Tech Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Daesung Hi Tech Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩70,233 Mil. Daesung Hi Tech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩14,297 Mil. Hence, Daesung Hi Tech Co's Days Inventory for the three months ended in Mar. 2024 was 448.27.

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

XKRX:129920' s Days Inventory Range Over the Past 10 Years
Min: 207.32 Med: 227.01 Max: 333.94
Current: 333.94

During the past 4 years, Daesung Hi Tech Co's highest Days Inventory was 333.94. The lowest was 207.32. And the median was 227.01.

XKRX:129920's Days Inventory is ranked worse than
91% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs XKRX:129920: 333.94

Daesung Hi Tech Co's Days Inventory increased from Mar. 2023 (380.89) to Mar. 2024 (448.27). It might indicate that Daesung Hi Tech Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Daesung Hi Tech Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.20.

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. Daesung Hi Tech Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 3.99.

Daesung Hi Tech Co Days Inventory Historical Data

The historical data trend for Daesung Hi Tech 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.

Daesung Hi Tech Co Days Inventory Chart

Daesung Hi Tech Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

242.22

207.32

211.79

284.37

Daesung Hi Tech Co Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial							380.89	414.56	424.69	202.13	448.27

Competitive Comparison of Daesung Hi Tech Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Daesung Hi Tech 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.

Daesung Hi Tech Co's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Daesung Hi Tech Co's Days Inventory falls into.

Daesung Hi Tech Co Days Inventory Calculation

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

Daesung Hi Tech 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
=	( (61124.179	+	65481.437)	/	2 )	/	81251.897	*	365
=	63302.808					/	81251.897	*	365
=	284.37

Daesung Hi Tech 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
=	( (65481.437	+	74984.733)	/	2 )	/	14296.714	*	365 / 4
=	70233.085					/	14296.714	*	365 / 4
=	448.27

Daesung Hi Tech Co (XKRX:129920) 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.

Daesung Hi Tech Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	14296.714	/	70233.085
	=	0.20

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	70233.085	/	17597.596
	=	3.99

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.

Daesung Hi Tech Co Days Inventory Related Terms

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

Daesung Hi Tech Co (XKRX:129920) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Daesung Hi Tech Co Ltd (XKRX:129920) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

10, Techno-daero 2-gil, Hyeonpung-myeon, Dalseong-gun, Daegu, KOR

Website

http://www.topdsht.com

Daesung Hi Tech Co Ltd manufactures machine tools, and semiconductor devices, as well as processes other industrial machine parts. The company produces machine tools, nomura automatic lathes, hobbing machines, milling machines, automation processing equipment, precision parts, assembly products, and other related industrial machine parts and units.

Daesung Hi Tech Co (XKRX:129920) Headlines

No Headlines