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Great Rich Technologies (XKRX:900290) Days Inventory : 13.69 (As of Dec. 2023)


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What is Great Rich Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Great Rich Technologies's Average Total Inventories for the three months ended in Dec. 2023 was ₩22,766 Mil. Great Rich Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩151,690 Mil. Hence, Great Rich Technologies's Days Inventory for the three months ended in Dec. 2023 was 13.69.

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

XKRX:900290' s Days Inventory Range Over the Past 10 Years
Min: 6.89   Med: 13   Max: 18.66
Current: 12.61

During the past 8 years, Great Rich Technologies's highest Days Inventory was 18.66. The lowest was 6.89. And the median was 13.00.

XKRX:900290's Days Inventory is ranked better than
98.32% of 1492 companies
in the Chemicals industry
Industry Median: 83.17 vs XKRX:900290: 12.61

Great Rich Technologies's Days Inventory increased from Dec. 2022 (9.71) to Dec. 2023 (13.69). It might indicate that Great Rich Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Great Rich Technologies's Inventory Turnover for the three months ended in Dec. 2023 was 6.66.

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. Great Rich Technologies's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.11.


Great Rich Technologies Days Inventory Historical Data

The historical data trend for Great Rich Technologies'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.

Great Rich Technologies Days Inventory Chart

Great Rich Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial 13.06 15.53 13.99 18.66 12.93

Great Rich Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.71 12.08 13.35 14.45 13.69

Competitive Comparison of Great Rich Technologies's Days Inventory

For the Specialty Chemicals subindustry, Great Rich Technologies'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.


Great Rich Technologies's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Great Rich Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Great Rich Technologies's Days Inventory falls into.



Great Rich Technologies Days Inventory Calculation

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

Great Rich Technologies's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (24326.381 + 21446.002) / 2 ) / 646243.211*365
=22886.1915 / 646243.211*365
=12.93

Great Rich Technologies'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
=( (26043.254 + 19488.572) / 2 ) / 151689.776*365 / 4
=22765.913 / 151689.776*365 / 4
=13.69

* 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.


Great Rich Technologies  (XKRX:900290) 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.

Great Rich Technologies'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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=22765.913 / 204588.753
=0.11

* 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.


Great Rich Technologies Days Inventory Related Terms

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


Great Rich Technologies (XKRX:900290) Business Description

Traded in Other Exchanges
N/A
Address
9 Yin Chong Street, Room 01, 21st Floor, Prosper Commercial Building, Kowloon, Hong Kong, HKG
Great Rich Technologies Ltd is engaged in developing, manufacturing and marketing Casting Polypropylene and Polyethylene Terephthalate Films for consumer electronics. The company also produces 3D and Blue Light Block films.

Great Rich Technologies (XKRX:900290) Headlines

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