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Rainbow Robotics (XKRX:277810) Days Inventory : 185.42 (As of Dec. 2023)


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What is Rainbow Robotics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rainbow Robotics's Average Total Inventories for the three months ended in Dec. 2023 was ₩6,186 Mil. Rainbow Robotics's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩3,044 Mil. Hence, Rainbow Robotics's Days Inventory for the three months ended in Dec. 2023 was 185.42.

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

XKRX:277810' s Days Inventory Range Over the Past 10 Years
Min: 86.86   Med: 217.27   Max: 439.68
Current: 277.31

During the past 8 years, Rainbow Robotics's highest Days Inventory was 439.68. The lowest was 86.86. And the median was 217.27.

XKRX:277810's Days Inventory is ranked worse than
87.48% of 2908 companies
in the Industrial Products industry
Industry Median: 120.82 vs XKRX:277810: 277.31

Rainbow Robotics's Days Inventory declined from Dec. 2022 (305.85) to Dec. 2023 (185.42).

Inventory Turnover measures how fast the company turns over its inventory within a year. Rainbow Robotics's Inventory Turnover for the three months ended in Dec. 2023 was 0.49.

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. Rainbow Robotics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.31.


Rainbow Robotics Days Inventory Historical Data

The historical data trend for Rainbow Robotics'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.

Rainbow Robotics Days Inventory Chart

Rainbow Robotics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 439.68 209.26 185.07 225.28 258.03

Rainbow Robotics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 305.85 473.22 278.28 333.51 185.42

Competitive Comparison of Rainbow Robotics's Days Inventory

For the Specialty Industrial Machinery subindustry, Rainbow Robotics'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.


Rainbow Robotics's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rainbow Robotics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rainbow Robotics's Days Inventory falls into.



Rainbow Robotics Days Inventory Calculation

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

Rainbow Robotics'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
=( (5110.471 + 6176.649) / 2 ) / 7983.148*365
=5643.56 / 7983.148*365
=258.03

Rainbow Robotics's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (6196.289 + 6176.649) / 2 ) / 3044.448*365 / 4
=6186.469 / 3044.448*365 / 4
=185.42

* 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.


Rainbow Robotics  (XKRX:277810) 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.

Rainbow Robotics's Inventory Turnover for the three months ended in Dec. 2023 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.

Rainbow Robotics's Inventory to Revenue for the three months ended in Dec. 2023 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.


Rainbow Robotics Days Inventory Related Terms

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


Rainbow Robotics (XKRX:277810) Business Description

Traded in Other Exchanges
N/A
Address
10-19, Expo-ro 339beon-gil, Yuseong-gu, KOR, 34122
Rainbow Robotics is a professional technological mechatronics company, provides top robotic system engineering technology. It develops and produces industrial robots and other robots.

Rainbow Robotics (XKRX:277810) Headlines

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