CR Holdings Co (XKRX:000480) Days Inventory : 66.43 (As of Dec. 2023)

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What is CR Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CR Holdings Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩129,333 Mil. CR Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩177,658 Mil. Hence, CR Holdings Co's Days Inventory for the three months ended in Dec. 2023 was 66.43.

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

XKRX:000480' s Days Inventory Range Over the Past 10 Years
Min: 63.98 Med: 73.58 Max: 81
Current: 71.6

During the past 13 years, CR Holdings Co's highest Days Inventory was 81.00. The lowest was 63.98. And the median was 73.58.

XKRX:000480's Days Inventory is ranked better than
58.27% of 369 companies
in the Building Materials industry
Industry Median: 83.57 vs XKRX:000480: 71.60

CR Holdings Co's Days Inventory declined from Dec. 2022 (70.39) to Dec. 2023 (66.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. CR Holdings Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.37.

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. CR Holdings Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.56.

CR Holdings Co Days Inventory Historical Data

The historical data trend for CR Holdings 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.

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CR Holdings Co Days Inventory Chart

CR Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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74.63

68.40

63.98

69.50

72.52

CR Holdings 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															70.39	76.88	70.53	72.13	66.43

Competitive Comparison of CR Holdings Co's Days Inventory

For the Building Materials subindustry, CR Holdings 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.

CR Holdings Co's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, CR Holdings Co's Days Inventory distribution charts can be found below:

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

CR Holdings Co Days Inventory Calculation

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

CR Holdings 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
=	( (138598.909	+	128924.371)	/	2 )	/	673199.956	*	365
=	133761.64					/	673199.956	*	365
=	72.52

CR Holdings 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
=	( (129740.729	+	128924.371)	/	2 )	/	177657.753	*	365 / 4
=	129332.55					/	177657.753	*	365 / 4
=	66.43

CR Holdings Co (XKRX:000480) 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.

CR Holdings Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	177657.753	/	129332.55
	=	1.37

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	129332.55	/	230852.942
	=	0.56

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.

CR Holdings Co Days Inventory Related Terms

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

CR Holdings Co (XKRX:000480) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » CR Holdings Co Ltd (XKRX:000480) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

55, Saneop-ro, Jeonlanam-do, Gwangyang-si, KOR

Website

http://www.chosunref.co.kr

CR Holdings Co Ltd Formerly Chosun Refractories Co Ltd is a Korea-based company principally engaged in the manufacture of refractories. It offers products such as firebricks, monolithic refractories, and other special refractories, such as ceramic materials and shroud nozzles. Refractories are used in iron, steel, cement, glass, nonferrous metal manufacturing industry. The company also operates the power plant.

CR Holdings Co (XKRX:000480) Headlines

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