LG Display Co (LG Display Co) Days Inventory

: 58.68 (As of Sep. 2023)

View and export this data going back to 2004. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). LG Display Co's Average Total Inventories for the three months ended in Sep. 2023 was $2,288 Mil. LG Display Co's Cost of Goods Sold for the three months ended in Sep. 2023 was $3,559 Mil. Hence, LG Display Co's Days Inventory for the three months ended in Sep. 2023 was 58.68.

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

LPL' s Days Inventory Range Over the Past 10 Years
Min: 33.54 Med: 38.23 Max: 81.98
Current: 81.98

During the past 13 years, LG Display Co's highest Days Inventory was 81.98. The lowest was 33.54. And the median was 38.23.

LPL's Days Inventory is ranked better than
62.76% of 2406 companies
in the Hardware industry
Industry Median: 104.06 vs LPL: 81.98

LG Display Co's Days Inventory declined from Sep. 2022 (65.71) to Sep. 2023 (58.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. LG Display Co's Inventory Turnover for the three months ended in Sep. 2023 was 1.56.

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. LG Display Co's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.64.

LG Display Co Days Inventory Historical Data

The historical data trend for LG Display 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.

LG Display Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

41.11

34.43

42.33

47.64

LG Display Co Quarterly Data
	Mar19	Jun19	Sep19	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															43.98	54.35	50.85	58.68	-

Competitive Comparison

For the Consumer Electronics subindustry, LG Display 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.

LG Display Co Days Inventory Distribution

For the Hardware industry and Technology sector, LG Display Co's Days Inventory distribution charts can be found below:

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

LG Display Co Days Inventory Calculation

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

LG Display 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
=	( (2829.978	+	2220.934)	/	2 )	/	19347.883	*	365
=	2525.456					/	19347.883	*	365
=	47.64

LG Display Co'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: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (2067.127	+	2509.706)	/	2 )	/	3558.555	*	365 / 4
=	2288.4165					/	3558.555	*	365 / 4
=	58.68

LG Display Co (NYSE:LPL) 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.

LG Display Co's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3558.555	/	2288.4165
	=	1.56

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.

LG Display Co's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2288.4165	/	3586.534
	=	0.64

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.

LG Display Co Days Inventory Related Terms

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

LG Display Co (LG Display Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LG Display Co Ltd (NYSE:LPL) » Definitions » Days Inventory

Traded in Other Exchanges

034220:Korea LGA:Germany LGA:Austria

Address

LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336

Website

https://www.lgdisplay.com

LG Display is a South Korea-based company that is principally engaged in developing, manufacturing and selling TFT-LCD and OLED display panels. The company's products consist of panels for notebook computers, monitors, televisions, smartphones, tablets, and others. The company conducts direct sales through overseas subsidiaries in a number of countries, including the United States, Germany, Japan, Taiwan, China, and Singapore. These subsidiaries conduct sales activities and offer technical support to clients. The company generates the majority of its revenue from overseas markets, with the rest from South Korea.