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Hitejinro Co (XKRX:000080) Days Inventory : 69.95 (As of Dec. 2023)


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What is Hitejinro Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hitejinro Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩263,092 Mil. Hitejinro Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩343,228 Mil. Hence, Hitejinro Co's Days Inventory for the three months ended in Dec. 2023 was 69.95.

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

XKRX:000080' s Days Inventory Range Over the Past 10 Years
Min: 45.06   Med: 50.67   Max: 65
Current: 65

During the past 13 years, Hitejinro Co's highest Days Inventory was 65.00. The lowest was 45.06. And the median was 50.67.

XKRX:000080's Days Inventory is ranked better than
81.95% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 160.75 vs XKRX:000080: 65.00

Hitejinro Co's Days Inventory increased from Dec. 2022 (55.18) to Dec. 2023 (69.95). It might indicate that Hitejinro Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hitejinro Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.30.

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. Hitejinro Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.42.


Hitejinro Co Days Inventory Historical Data

The historical data trend for Hitejinro 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.

Hitejinro Co Days Inventory Chart

Hitejinro Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.86 52.00 53.66 52.62 64.13

Hitejinro 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 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 Premium Member Only Premium Member Only Premium Member Only 55.18 64.75 63.16 63.24 69.95

Competitive Comparison of Hitejinro Co's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Hitejinro 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.


Hitejinro Co's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Hitejinro Co's Days Inventory distribution charts can be found below:

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



Hitejinro Co Days Inventory Calculation

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

Hitejinro Co'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
=( (226020.083 + 268110.091) / 2 ) / 1406179.512*365
=247065.087 / 1406179.512*365
=64.13

Hitejinro Co'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
=( (258074.49 + 268110.091) / 2 ) / 343227.64*365 / 4
=263092.2905 / 343227.64*365 / 4
=69.95

* 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.


Hitejinro Co  (XKRX:000080) 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.

Hitejinro Co'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.

Hitejinro Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=263092.2905 / 620768.49
=0.42

* 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.


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.


Hitejinro Co Days Inventory Related Terms

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


Hitejinro Co (XKRX:000080) Business Description

Traded in Other Exchanges
Address
132-12, Cheongdam-Dong, Gangnam-Gu, Seoul, KOR, 135-957
HITE JINRO CO., LTD. is engaged in alcoholic beverage business. The JINRO Co, a maker of Soju, was acquired by HITE Co, a maker of Beer, in 2005 and merged in 2011. The company accounts for almost half of Soju market in Korea.

Hitejinro Co (XKRX:000080) Headlines

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