OCI (XKRX:456040) Days Inventory : 71.49 (As of Dec. 2023)

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What is OCI Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). OCI's Average Total Inventories for the three months ended in Dec. 2023 was ₩340,839 Mil. OCI's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩435,047 Mil. Hence, OCI's Days Inventory for the three months ended in Dec. 2023 was 71.49.

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

XKRX:456040' s Days Inventory Range Over the Past 10 Years
Min: 0 Med: 0 Max: 293.77
Current: 293.77

During the past 1 years, OCI's highest Days Inventory was 293.77. The lowest was 0.00. And the median was 0.00.

XKRX:456040's Days Inventory is ranked worse than
88.89% of 450 companies
in the Conglomerates industry
Industry Median: 72.42 vs XKRX:456040: 293.77

OCI's Days Inventory increased from . 20 (0.00) to Dec. 2023 (71.49). It might indicate that OCI's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. OCI's Inventory Turnover for the three months ended in Dec. 2023 was 1.28.

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. OCI's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.69.

OCI Days Inventory Historical Data

The historical data trend for OCI'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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OCI Days Inventory Chart

OCI Annual Data

Trend

Dec23

Days Inventory

111.62

OCI Quarterly Data
	Jun23	Sep23	Dec23
Days Inventory	-	73.44	71.49

Competitive Comparison of OCI's Days Inventory

For the Conglomerates subindustry, OCI'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.

OCI's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, OCI's Days Inventory distribution charts can be found below:

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

OCI Days Inventory Calculation

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

OCI'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: . 20 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (	+	342305.932)	/	1 )	/	1119318.493	*	365
=	342305.932					/	1119318.493	*	365
=	111.62

OCI'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
=	( (339372.113	+	342305.932)	/	2 )	/	435047.336	*	365 / 4
=	340839.0225					/	435047.336	*	365 / 4
=	71.49

OCI (XKRX:456040) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	435047.336	/	340839.0225
	=	1.28

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	340839.0225	/	494535.805
	=	0.69

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.

OCI Days Inventory Related Terms

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

OCI (XKRX:456040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » OCI (XKRX:456040) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

94, Sogong-ro, Jung-gu, Seoul, KOR, 100-718

Website

https://www.oci.co.kr

OCI is engaged in Solar PV Business, ESS (Energy Storage System), Cogeneration, Urban development projects, and Pharmaceutical-Bio business. The company will operate in Korea, China, and the United States.

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