Zaram Technology (XKRX:389020) Days Inventory : 166.68 (As of Mar. 2024)

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What is Zaram Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zaram Technology's Average Total Inventories for the three months ended in Mar. 2024 was ₩7,110 Mil. Zaram Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩3,893 Mil. Hence, Zaram Technology's Days Inventory for the three months ended in Mar. 2024 was 166.68.

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

XKRX:389020' s Days Inventory Range Over the Past 10 Years
Min: 189.17 Med: 216.35 Max: 324.26
Current: 237.36

During the past 4 years, Zaram Technology's highest Days Inventory was 324.26. The lowest was 189.17. And the median was 216.35.

XKRX:389020's Days Inventory is ranked worse than
79.43% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs XKRX:389020: 237.36

Zaram Technology's Days Inventory declined from Mar. 2023 (890.29) to Mar. 2024 (166.68).

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. Zaram Technology's Inventory Turnover for the three months ended in Mar. 2024 was 0.55.

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. Zaram Technology's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.19.

Zaram Technology Days Inventory Historical Data

The historical data trend for Zaram Technology'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.

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Zaram Technology Days Inventory Chart

Zaram Technology Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

191.77

189.17

240.92

324.26

Zaram Technology Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial						890.29	361.94	335.09	189.08	166.68

Competitive Comparison of Zaram Technology's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Zaram Technology'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.

Zaram Technology's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zaram Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zaram Technology's Days Inventory falls into.

Zaram Technology Days Inventory Calculation

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

Zaram Technology'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
=	( (7595.424	+	7113.677)	/	2 )	/	8278.685	*	365
=	7354.5505					/	8278.685	*	365
=	324.26

Zaram Technology'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
=	( (7113.677	+	7106.529)	/	2 )	/	3892.517	*	365 / 4
=	7110.103					/	3892.517	*	365 / 4
=	166.68

Zaram Technology (XKRX:389020) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3892.517	/	7110.103
	=	0.55

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7110.103	/	5957.942
	=	1.19

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.

Zaram Technology Days Inventory Related Terms

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

Zaram Technology (XKRX:389020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Zaram Technology Inc (XKRX:389020) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

41, Seongnam-daero 925beon-gil, 2nd Floor Fine Venture Building, Bundang-gu, Gyeonggi-do, Seongnam si, KOR, 13496

Website

https://www.zaram.com

Zaram Technology Inc is specialized in non-memory semiconductor chip design. It also manufactures technology for communication semiconductors and network equipment with optical components. Its products comprise XGSPON, Optical Transceiver, Gigawire, and Others.

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