Noul Co (XKRX:376930) Days Inventory : 438.25 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Noul Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Noul Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩3,329 Mil. Noul Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩693 Mil. Hence, Noul Co's Days Inventory for the three months ended in Dec. 2023 was 438.25.

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

XKRX:376930' s Days Inventory Range Over the Past 10 Years
Min: 417.67 Med: 858.71 Max: 1546.41
Current: 417.67

During the past 5 years, Noul Co's highest Days Inventory was 1546.41. The lowest was 417.67. And the median was 858.71.

XKRX:376930's Days Inventory is ranked worse than
96.28% of 188 companies
in the Medical Diagnostics & Research industry
Industry Median: 66.36 vs XKRX:376930: 417.67

Noul Co's Days Inventory declined from Dec. 2022 (2,086.20) to Dec. 2023 (438.25).

Inventory Turnover measures how fast the company turns over its inventory within a year. Noul Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.21.

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. Noul Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 4.72.

Noul Co Days Inventory Historical Data

The historical data trend for Noul 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.

Noul Co Days Inventory Chart

Noul Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

1,282.47

434.94

1,546.41

423.36

Noul Co Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial									2,086.20	573.90	265.69	544.70	438.25

Competitive Comparison of Noul Co's Days Inventory

For the Diagnostics & Research subindustry, Noul 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.

Noul Co's Days Inventory Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Noul Co's Days Inventory distribution charts can be found below:

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

Noul Co Days Inventory Calculation

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

Noul 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
=	( (2665.893	+	3478.466)	/	2 )	/	2648.712	*	365
=	3072.1795					/	2648.712	*	365
=	423.36

Noul 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
=	( (3178.711	+	3478.466)	/	2 )	/	693.064	*	365 / 4
=	3328.5885					/	693.064	*	365 / 4
=	438.25

Noul Co (XKRX:376930) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	693.064	/	3328.5885
	=	0.21

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3328.5885	/	705.519
	=	4.72

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.

Noul Co Days Inventory Related Terms

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

Noul Co (XKRX:376930) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Noul Co Ltd (XKRX:376930) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

B-10F, 338, Gwanggyojungang-ro, Suji-gu, Gyeonggi-do, Yongin-si, KOR, 16942

Website

https://www.noul.kr

Noul Co Ltd provides solutions for chronic and systemic problems in healthcare. The company's miLab is an all-in-one, fully-automated device which can process sample preparation and AI diagnostic in one workflow. It integrates technologies from computer vision AI, bio, hardware, and software engineering.

Noul Co (XKRX:376930) Headlines

No Headlines