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Daesang Holdings Co (XKRX:084690) Days Inventory : 65.98 (As of Dec. 2023)


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What is Daesang Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Daesang Holdings Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩704,621 Mil. Daesang Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩974,442 Mil. Hence, Daesang Holdings Co's Days Inventory for the three months ended in Dec. 2023 was 65.98.

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

XKRX:084690' s Days Inventory Range Over the Past 10 Years
Min: 43.06   Med: 50.72   Max: 70.27
Current: 69.42

During the past 13 years, Daesang Holdings Co's highest Days Inventory was 70.27. The lowest was 43.06. And the median was 50.72.

XKRX:084690's Days Inventory is ranked better than
59.27% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs XKRX:084690: 69.42

Daesang Holdings Co's Days Inventory declined from Dec. 2022 (79.14) to Dec. 2023 (65.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. Daesang Holdings Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.38.

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


Daesang Holdings Co Days Inventory Historical Data

The historical data trend for Daesang 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.

* Premium members only.

Daesang Holdings Co Days Inventory Chart

Daesang Holdings 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 50.29 53.38 59.62 65.20 70.27

Daesang 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 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 79.14 72.78 72.87 65.35 65.98

Competitive Comparison of Daesang Holdings Co's Days Inventory

For the Packaged Foods subindustry, Daesang 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.


Daesang Holdings Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Daesang Holdings Co's Days Inventory distribution charts can be found below:

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



Daesang Holdings Co Days Inventory Calculation

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

Daesang 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
=( (841510.803 + 700039.949) / 2 ) / 4003419.477*365
=770775.376 / 4003419.477*365
=70.27

Daesang 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
=( (709202.33 + 700039.949) / 2 ) / 974441.701*365 / 4
=704621.1395 / 974441.701*365 / 4
=65.98

* 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.


Daesang Holdings Co  (XKRX:084690) 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.

Daesang Holdings 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=704621.1395 / 1260296.314
=0.56

* 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.


Daesang Holdings Co Days Inventory Related Terms

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


Daesang Holdings Co (XKRX:084690) Business Description

Traded in Other Exchanges
Address
62-2 Yongdab-dong, Sungdong-gu, Seoul, KOR, 133-848
Daesang Holdings Co Ltd is a holding company. The company is engaged in the manufacturing and sale of processed food products such as processed food and starch products. Its products mostly include Soyabean paste; Marinade; Soy sauce; fish sauce and amongst others.

Daesang Holdings Co (XKRX:084690) Headlines

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