The historical rank and industry rank for Korean Air Lines Co's Days Inventory or its related term are showing as below:
XKRX:003490'
s Days Inventory Range Over the Past 10 Years
Min: 15.71 Med: 23.22 Max: 33.68
Current: 22.42
During the past 13 years, Korean Air Lines Co's highest Days Inventory was 33.68. The lowest was 15.71. And the median was 23.22.
XKRX:003490's Days Inventory is ranked worse than 71.03% of 780
companies
in the Transportation industry
Industry Median: 11.505
vs XKRX:003490: 22.42
Korean Air Lines Co's Days Inventory
declined
from Dec. 2022 (22.44) to Dec. 2023 (21.08).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Korean Air Lines Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 4.33.
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.
Korean Air Lines Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.19.
Korean Air Lines Co Days Inventory Historical Data
The historical data trend for Korean Air Lines 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.
Competitive Comparison of Korean Air Lines Co's Days Inventory
For the Airlines subindustry, Korean Air Lines 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.
Korean Air Lines Co's Days Inventory Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Korean Air Lines Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Korean Air Lines Co's Days Inventory falls into.
Korean Air Lines Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Korean Air Lines Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Korean Air Lines Co (XKRX:003490) 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.
Korean Air Lines 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.
Korean Air Lines Co's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* 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.
Korean Air Lines Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Korean Air Lines Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Korean Air Lines Co (XKRX:003490) Business Description
Korean Air Lines Co Ltd is an airline operator with a global reach. The company has four operating segments: Air transport (majority of total revenues), Aerospace (maintenance and repairs), In-flight meals, and Hotel/limousine and others. Passenger tickets can be bought on the company's website or at the airport counter. Multiple options related to passenger class or cabin experience, baggage fees, and other services are offered to customers. Revenues derived from Republic of Korea account for approximately one-fourth of total revenues, with the remainder coming from international operations. The company has created an alliance with global carriers to help connect flights, and give passengers better options to travel.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKRX:003490 has been successfully added to your 