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Dongkuk Coated Metal Co (XKRX:460850) Days Inventory : 43.40 (As of Mar. 2024)


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What is Dongkuk Coated Metal Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dongkuk Coated Metal Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩242,830 Mil. Dongkuk Coated Metal Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩510,534 Mil. Hence, Dongkuk Coated Metal Co's Days Inventory for the three months ended in Mar. 2024 was 43.40.

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

XKRX:460850' s Days Inventory Range Over the Past 10 Years
Min: 58.3   Med: 73.86   Max: 73.86
Current: 58.3

During the past 1 years, Dongkuk Coated Metal Co's highest Days Inventory was 73.86. The lowest was 58.30. And the median was 73.86.

XKRX:460850's Days Inventory is ranked better than
69.95% of 569 companies
in the Steel industry
Industry Median: 87.88 vs XKRX:460850: 58.30

Dongkuk Coated Metal Co's Days Inventory increased from . 20 (0.00) to Mar. 2024 (43.40). It might indicate that Dongkuk Coated Metal Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dongkuk Coated Metal Co's Inventory Turnover for the three months ended in Mar. 2024 was 2.10.

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 Coated Metal Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.44.


Dongkuk Coated Metal Co Days Inventory Historical Data

The historical data trend for Dongkuk Coated Metal 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.

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Dongkuk Coated Metal Co Days Inventory Chart

Dongkuk Coated Metal Co Annual Data
Trend Dec23
Days Inventory
73.86

Dongkuk Coated Metal Co Quarterly Data
Jun23 Sep23 Dec23 Mar24
Days Inventory - 44.35 42.19 43.40

Competitive Comparison of Dongkuk Coated Metal Co's Days Inventory

For the Steel subindustry, Dongkuk Coated Metal 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 Coated Metal Co's Days Inventory Distribution in the Steel Industry

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

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



Dongkuk Coated Metal Co Days Inventory Calculation

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

Dongkuk Coated Metal 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: . 20 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( ( + 241221.456) / 1 ) / 1192020.722*365
=241221.456 / 1192020.722*365
=73.86

Dongkuk Coated Metal Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (241221.456 + 244438.267) / 2 ) / 510533.675*365 / 4
=242829.8615 / 510533.675*365 / 4
=43.40

* 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 Coated Metal Co  (XKRX:460850) 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 Coated Metal Co's Inventory Turnover for the three months ended in Mar. 2024 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 Coated Metal Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=242829.8615 / 556456.427
=0.44

* 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 Coated Metal Co Days Inventory Related Terms

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Dongkuk Coated Metal Co (XKRX:460850) Business Description

Traded in Other Exchanges
N/A
Address
19 Euljiro 5-gil,, Jung-gu,, Seoul, KOR
Dongkuk Coated Metal Co Ltd manufactures steel products. Its product offerings comprise Pre-Coated Metal, Cold Rolled & Galvanized Steel, and processed Products for Construction.

Dongkuk Coated Metal Co (XKRX:460850) Headlines

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