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Dongkuk Industries Co (XKRX:005160) Days Inventory : 91.30 (As of Dec. 2023)


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What is Dongkuk Industries Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dongkuk Industries Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩177,273 Mil. Dongkuk Industries Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩177,167 Mil. Hence, Dongkuk Industries Co's Days Inventory for the three months ended in Dec. 2023 was 91.30.

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

XKRX:005160' s Days Inventory Range Over the Past 10 Years
Min: 83.77   Med: 96.33   Max: 105.2
Current: 98.93

During the past 13 years, Dongkuk Industries Co's highest Days Inventory was 105.20. The lowest was 83.77. And the median was 96.33.

XKRX:005160's Days Inventory is ranked worse than
58.16% of 576 companies
in the Steel industry
Industry Median: 85.94 vs XKRX:005160: 98.93

Dongkuk Industries Co's Days Inventory declined from Dec. 2022 (112.47) to Dec. 2023 (91.30).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dongkuk Industries Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.00.

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. Dongkuk Industries Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.88.


Dongkuk Industries Co Days Inventory Historical Data

The historical data trend for Dongkuk Industries 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.

Dongkuk Industries Co Days Inventory Chart

Dongkuk Industries 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 101.43 103.75 105.20 104.50 102.82

Dongkuk Industries 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 112.47 101.10 99.18 100.29 91.30

Competitive Comparison of Dongkuk Industries Co's Days Inventory

For the Steel subindustry, Dongkuk Industries 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.


Dongkuk Industries Co's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Dongkuk Industries Co's Days Inventory distribution charts can be found below:

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



Dongkuk Industries Co Days Inventory Calculation

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

Dongkuk Industries 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
=( (215832.691 + 178522.596) / 2 ) / 699951.747*365
=197177.6435 / 699951.747*365
=102.82

Dongkuk Industries 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
=( (176023.164 + 178522.596) / 2 ) / 177166.635*365 / 4
=177272.88 / 177166.635*365 / 4
=91.30

* 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.


Dongkuk Industries Co  (XKRX:005160) 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.

Dongkuk Industries 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=177272.88 / 201212.139
=0.88

* 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.


Dongkuk Industries Co Days Inventory Related Terms

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


Dongkuk Industries Co (XKRX:005160) Business Description

Traded in Other Exchanges
N/A
Address
Dadong Gil 46, Chung gu, Seoul, KOR
Dongkuk Industries Co Ltd is a cold rolled steel company. It is mainly engaged in the manufacturing and marketing of steel products. The company supplies its products to both domestic and international car makers as well as to global automobile parts companies.

Dongkuk Industries Co (XKRX:005160) Headlines

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