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Asia Paper Mfg Co (XKRX:002310) Days Inventory : 40.50 (As of Sep. 2024)


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What is Asia Paper Mfg Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asia Paper Mfg Co's Average Total Inventories for the three months ended in Sep. 2024 was ₩84,767 Mil. Asia Paper Mfg Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩190,981 Mil. Hence, Asia Paper Mfg Co's Days Inventory for the three months ended in Sep. 2024 was 40.50.

The historical rank and industry rank for Asia Paper Mfg Co's Days Inventory or its related term are showing as below:

XKRX:002310' s Days Inventory Range Over the Past 10 Years
Min: 28.55   Med: 36.72   Max: 43.17
Current: 40.25

During the past 13 years, Asia Paper Mfg Co's highest Days Inventory was 43.17. The lowest was 28.55. And the median was 36.72.

XKRX:002310's Days Inventory is ranked better than
86.13% of 274 companies
in the Forest Products industry
Industry Median: 87.98 vs XKRX:002310: 40.25

Asia Paper Mfg Co's Days Inventory declined from Sep. 2023 (40.89) to Sep. 2024 (40.50).

Inventory Turnover measures how fast the company turns over its inventory within a year. Asia Paper Mfg Co's Inventory Turnover for the three months ended in Sep. 2024 was 2.25.

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. Asia Paper Mfg Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.38.


Asia Paper Mfg Co Days Inventory Historical Data

The historical data trend for Asia Paper Mfg 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.

* Premium members only.

Asia Paper Mfg Co Days Inventory Chart

Asia Paper Mfg Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.47 33.50 28.55 35.97 42.93

Asia Paper Mfg Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 40.89 38.64 42.39 39.70 40.50

Competitive Comparison of Asia Paper Mfg Co's Days Inventory

For the Paper & Paper Products subindustry, Asia Paper Mfg 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.


Asia Paper Mfg Co's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Asia Paper Mfg Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Asia Paper Mfg Co's Days Inventory falls into.



Asia Paper Mfg Co Days Inventory Calculation

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

Asia Paper Mfg 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: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (88044.479 + 81123.411) / 2 ) / 719154.14*365
=84583.945 / 719154.14*365
=42.93

Asia Paper Mfg Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (82382.147 + 87151.315) / 2 ) / 190981.377*365 / 4
=84766.731 / 190981.377*365 / 4
=40.50

* 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.


Asia Paper Mfg Co  (XKRX:002310) 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.

Asia Paper Mfg Co's Inventory Turnover for the three months ended in Sep. 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.

Asia Paper Mfg Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=84766.731 / 225707.173
=0.38

* 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.


Asia Paper Mfg Co Days Inventory Related Terms

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


Asia Paper Mfg Co Business Description

Traded in Other Exchanges
N/A
Address
726 Yoksam Dong, Asia Tower, Kangnam-Ku, Seoul, KOR, 135-921
Asia Paper Mfg Co Ltd is a Korea based paper making company. It is engaged in the manufacturing and marketing of corrugated cardboard used for packaging. The products offered by the company includes test linerboard, gypsum linerboard and kraft paper.

Asia Paper Mfg Co Headlines

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