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Bluemtec Co (XKRX:439580) Days Inventory : 40.62 (As of Mar. 2024)


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What is Bluemtec Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bluemtec Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩10,927 Mil. Bluemtec Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩24,545 Mil. Hence, Bluemtec Co's Days Inventory for the three months ended in Mar. 2024 was 40.62.

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

XKRX:439580' s Days Inventory Range Over the Past 10 Years
Min: 22.68   Med: 23.59   Max: 34.89
Current: 29.88

During the past 3 years, Bluemtec Co's highest Days Inventory was 34.89. The lowest was 22.68. And the median was 23.59.

XKRX:439580's Days Inventory is ranked better than
51.93% of 466 companies
in the Healthcare Providers & Services industry
Industry Median: 31.825 vs XKRX:439580: 29.88

Bluemtec Co's Days Inventory declined from Dec. 2022 (41.51) to Mar. 2024 (40.62).

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. Bluemtec Co's Inventory Turnover for the three months ended in Mar. 2024 was 2.25.

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. Bluemtec Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.40.


Bluemtec Co Days Inventory Historical Data

The historical data trend for Bluemtec 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.

Bluemtec Co Days Inventory Chart

Bluemtec Co Annual Data
Trend Dec20 Dec21 Dec22
Days Inventory
22.68 23.59 34.89

Bluemtec Co Quarterly Data
Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial 41.51 26.63 21.82 37.75 40.62

Competitive Comparison of Bluemtec Co's Days Inventory

For the Pharmaceutical Retailers subindustry, Bluemtec 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.


Bluemtec Co's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Bluemtec Co's Days Inventory distribution charts can be found below:

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



Bluemtec Co Days Inventory Calculation

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

Bluemtec Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (4261.138 + 7996.23) / 2 ) / 64113.016*365
=6128.684 / 64113.016*365
=34.89

Bluemtec 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
=( (10927.09 + 0) / 1 ) / 24545.154*365 / 4
=10927.09 / 24545.154*365 / 4
=40.62

* 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.


Bluemtec Co  (XKRX:439580) 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.

Bluemtec 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.

Bluemtec Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Bluemtec Co Days Inventory Related Terms

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


Bluemtec Co (XKRX:439580) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 322-2, 322-2A, 184, Jungbu-daero, Giheung-gu , Gyeonggi-do, 1612, 1613, 1614, 1615 Yeongdeok-dong, Hicks U Tower, Yongin-si, KOR
Bluemtec Co Ltd is a company whose main business is selling prescription drugs through an e-commerce platform. It operates two pharmaceutical distribution platforms, BluePharmKorea targeting hospitals and clinics, and KoolPharm targeting pharmacies and provide IT services to operate and advance these two platforms. In addition, they are operating BlueLabs, which provides services and website development for pharmaceutical companies and medical institutions.

Bluemtec Co (XKRX:439580) Headlines

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