ICH Co (XKRX:368600) Days Inventory : 110.98 (As of Dec. 2023)

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What is ICH Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ICH Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩12,321 Mil. ICH Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩10,131 Mil. Hence, ICH Co's Days Inventory for the three months ended in Dec. 2023 was 110.98.

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

XKRX:368600' s Days Inventory Range Over the Past 10 Years
Min: 66.28 Med: 98.77 Max: 153.4
Current: 113.32

During the past 5 years, ICH Co's highest Days Inventory was 153.40. The lowest was 66.28. And the median was 98.77.

XKRX:368600's Days Inventory is ranked worse than
55.21% of 2407 companies
in the Hardware industry
Industry Median: 102.45 vs XKRX:368600: 113.32

ICH Co's Days Inventory declined from Dec. 2022 (132.88) to Dec. 2023 (110.98).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. ICH Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.82.

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. ICH Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.77.

ICH Co Days Inventory Historical Data

The historical data trend for ICH 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.

ICH Co Days Inventory Chart

ICH Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

66.28

70.33

98.77

153.40

114.92

ICH Co Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial						132.88	153.83	114.57	90.21	110.98

Competitive Comparison of ICH Co's Days Inventory

For the Electronic Components subindustry, ICH 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.

ICH Co's Days Inventory Distribution in the Hardware Industry

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

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

ICH Co Days Inventory Calculation

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

ICH 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
=	( (9402.085	+	13844.949)	/	2 )	/	36919.109	*	365
=	11623.517					/	36919.109	*	365
=	114.92

ICH 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
=	( (10797.798	+	13844.949)	/	2 )	/	10130.823	*	365 / 4
=	12321.3735					/	10130.823	*	365 / 4
=	110.98

ICH Co (XKRX:368600) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10130.823	/	12321.3735
	=	0.82

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12321.3735	/	15904.766
	=	0.77

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.

ICH Co Days Inventory Related Terms

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

ICH Co (XKRX:368600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ICH Co Ltd (XKRX:368600) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

13, Humsaejeonli-gil, Gyeonggi-do, Dangjeong-dong, Gunpo-si, KOR

Website

http://www.ch-ich.com

ICH Co Ltd is a company specializing in cutting-edge film-type circuit materials. It develops raw materials that are essential for various IT electrical and electronic devices and structure them in a multi-layered structure. The company produces thin film antennas, electromagnetic shielding gaskets, and other products.

ICH Co (XKRX:368600) Headlines

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