Apro Co (XKRX:262260) Days Inventory : 103.17 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Apro Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Apro Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩51,843 Mil. Apro Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩45,852 Mil. Hence, Apro Co's Days Inventory for the three months ended in Mar. 2024 was 103.17.

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

XKRX:262260' s Days Inventory Range Over the Past 10 Years
Min: 14.13 Med: 33.43 Max: 105.94
Current: 77.92

During the past 7 years, Apro Co's highest Days Inventory was 105.94. The lowest was 14.13. And the median was 33.43.

XKRX:262260's Days Inventory is ranked better than
56.34% of 142 companies
in the Industrial Distribution industry
Industry Median: 87.29 vs XKRX:262260: 77.92

Apro Co's Days Inventory increased from Mar. 2023 (53.09) to Mar. 2024 (103.17). It might indicate that Apro Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Apro Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.88.

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. Apro Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.94.

Apro Co Days Inventory Historical Data

The historical data trend for Apro 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.

Apro Co Days Inventory Chart

Apro Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

17.49

23.36

33.43

105.94

76.64

Apro 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															53.09	81.10	84.50	60.86	103.17

Competitive Comparison of Apro Co's Days Inventory

For the Industrial Distribution subindustry, Apro 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.

Apro Co's Days Inventory Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Apro Co's Days Inventory distribution charts can be found below:

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

Apro Co Days Inventory Calculation

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

Apro 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
=	( (30485.085	+	52214.165)	/	2 )	/	196928.153	*	365
=	41349.625					/	196928.153	*	365
=	76.64

Apro 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
=	( (52214.165	+	51472.663)	/	2 )	/	45851.983	*	365 / 4
=	51843.414					/	45851.983	*	365 / 4
=	103.17

Apro Co (XKRX:262260) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	45851.983	/	51843.414
	=	0.88

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	51843.414	/	55215.591
	=	0.94

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.

Apro Co Days Inventory Related Terms

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

Apro Co (XKRX:262260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Apro Co Ltd (XKRX:262260) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

60, LS-ro 115beon-gil, Gyeonggi-do, Gunpo-si, KOR

Website

http://www.aproele.com

Apro Co Ltd is a supplier of battery manufacturing equipment for secondary batteries. The company provides integrated solutions for battery applications such as electric vehicles and e-mobilities based on power conversion and control technology.

Apro Co (XKRX:262260) Headlines

No Headlines