Days Inventory is also known as Days Sales of Inventory (DSI). Cho Bi Co's Average Total Inventories for the
three
months ended in Mar. 2024 was ₩47,753 Mil. Cho Bi Co's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ₩20,599 Mil.
Hence, Cho Bi Co's Days Inventory for the
three
months ended in Mar. 2024 was 211.54.
The historical rank and industry rank for Cho Bi Co's Days Inventory or its related term are showing as below:
XKRX:001550'
s Days Inventory Range Over the Past 10 Years
Min: 141.29 Med: 198.03 Max: 254.14
Current: 184.16
During the past 13 years, Cho Bi Co's highest Days Inventory was 254.14. The lowest was 141.29. And the median was 198.03.
XKRX:001550's Days Inventory is ranked worse than 74.35% of 230
companies
in the Agriculture industry
Industry Median: 110.075
vs XKRX:001550: 184.16
Cho Bi Co's Days Inventory
increased
from Mar. 2023 (143.84) to Mar. 2024 (211.54).
It might indicate that Cho Bi Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Cho Bi Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.43.
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.
Cho Bi Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 1.78.
Cho Bi Co Days Inventory Historical Data
The historical data trend for Cho Bi 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 Cho Bi Co's Days Inventory
For the Agricultural Inputs subindustry, Cho Bi 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.
Cho Bi Co's Days Inventory Distribution in the Agriculture Industry
For the Agriculture industry and Basic Materials sector, Cho Bi Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Cho Bi Co's Days Inventory falls into.
Cho Bi Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cho Bi 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.
Cho Bi Co (XKRX:001550) 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.
Cho Bi 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.
Cho Bi Co's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
Cho Bi Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Cho Bi Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Cho Bi Co Ltd is a South Korea-based company mainly engaged in the manufacturing and distributing of fertilizers. Its fertilizer products consist of compound fertilizers for top dressing, which are used for horticulture, fruit trees, and paddy rice; bulk bending fertilizers; compound fertilizers for basal dressing, which are used for tobacco, peanuts, vegetables, garlic and onions, fruit and fruit trees, chestnuts, rice seedbeds, paddy rice, potatoes and turfs and other types of fertilizers.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKRX:001550 has been successfully added to your 