Chosun Refractories Co spin off (XKRX:462520) Days Inventory : 313.57 (As of Sep. 2023)

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What is Chosun Refractories Co spin off Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chosun Refractories Co spin off's Average Total Inventories for the six months ended in Sep. 2023 was ₩89,294 Mil. Chosun Refractories Co spin off's Cost of Goods Sold for the six months ended in Sep. 2023 was ₩103,939 Mil. Hence, Chosun Refractories Co spin off's Days Inventory for the six months ended in Sep. 2023 was 156.79.

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

XKRX:462520's Days Inventory is not ranked ^*
in the Building Materials industry.
Industry Median: 84.265
* Ranked among companies with meaningful Days Inventory only.

Chosun Refractories Co spin off's Days Inventory increased from . 20 (0.00) to Sep. 2023 (313.57). It might indicate that Chosun Refractories Co spin off's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chosun Refractories Co spin off's Inventory Turnover for the six months ended in Sep. 2023 was 1.16.

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. Chosun Refractories Co spin off's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.72.

Chosun Refractories Co spin off Days Inventory Historical Data

The historical data trend for Chosun Refractories Co spin off'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.

Chosun Refractories Co spin off Days Inventory Chart

Chosun Refractories Co spin off Annual Data

Trend

Dec23

Days Inventory

143.70

Chosun Refractories Co spin off Semi-Annual Data
	Sep23
Days Inventory	313.57

Competitive Comparison of Chosun Refractories Co spin off's Days Inventory

For the Building Materials subindustry, Chosun Refractories Co spin off'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.

Chosun Refractories Co spin off's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Chosun Refractories Co spin off's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chosun Refractories Co spin off's Days Inventory falls into.

Chosun Refractories Co spin off Days Inventory Calculation

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

Chosun Refractories Co spin off'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: . 20 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (	+	87108.824)	/	1 )	/	221256.204	*	365
=	87108.824					/	221256.204	*	365
=	143.70

Chosun Refractories Co spin off's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: . 20 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (	+	89293.827)	/	1 )	/	103939.272	*	365 / 2
=	89293.827					/	103939.272	*	365 / 2
=	156.79

Chosun Refractories Co spin off (XKRX:462520) 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.

Chosun Refractories Co spin off's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	103939.272	/	89293.827
	=	1.16

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.

Chosun Refractories Co spin off's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	89293.827	/	123207.715
	=	0.72

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.

Chosun Refractories Co spin off Days Inventory Related Terms

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

Chosun Refractories Co spin off (XKRX:462520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Chosun Refractories Co Ltd spin off (XKRX:462520) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

55 Saneop-ro, Jeollanam-do, Taein-dong, Gwangyang-si, KOR

Website

http://www.chosunref.co.kr

Chosun Refractories Co Ltd spin off manufactures general-purpose products and high-functionality products (refractories for continuous casting, special refractories) based on domestic production facilities. Its product offerings comprise Shaped and unshaped refractories, Special alumina bricks, high alumina bricks, casting blocks, castable refractories, metal plating/ shaft alleys for the mortar production refractories industry, technical service for the refractories industry, and manufacturing of industrial furnaces.

Chosun Refractories Co spin off (XKRX:462520) Headlines

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