Bolak Co (XKRX:002760) Days Inventory : 138.55 (As of Mar. 2024)

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What is Bolak Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bolak Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩14,712 Mil. Bolak Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩9,689 Mil. Hence, Bolak Co's Days Inventory for the three months ended in Mar. 2024 was 138.55.

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

XKRX:002760' s Days Inventory Range Over the Past 10 Years
Min: 104.79 Med: 115.43 Max: 141.39
Current: 141.39

During the past 13 years, Bolak Co's highest Days Inventory was 141.39. The lowest was 104.79. And the median was 115.43.

XKRX:002760's Days Inventory is ranked worse than
77.46% of 1491 companies
in the Chemicals industry
Industry Median: 81.73 vs XKRX:002760: 141.39

Bolak Co's Days Inventory increased from Mar. 2023 (126.92) to Mar. 2024 (138.55). It might indicate that Bolak Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bolak Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.66.

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. Bolak Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.29.

Bolak Co Days Inventory Historical Data

The historical data trend for Bolak 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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Bolak Co Days Inventory Chart

Bolak Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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108.82

109.96

117.19

115.75

128.28

Bolak Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															126.92	145.50	145.10	138.10	138.55

Competitive Comparison of Bolak Co's Days Inventory

For the Specialty Chemicals subindustry, Bolak 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.

Bolak Co's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Bolak Co's Days Inventory falls into.

Bolak Co Days Inventory Calculation

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

Bolak 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
=	( (14209.514	+	14670.486)	/	2 )	/	41087.642	*	365
=	14440					/	41087.642	*	365
=	128.28

Bolak 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
=	( (14670.486	+	14753.658)	/	2 )	/	9689.499	*	365 / 4
=	14712.072					/	9689.499	*	365 / 4
=	138.55

Bolak Co (XKRX:002760) 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.

Bolak Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9689.499	/	14712.072
	=	0.66

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.

Bolak Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14712.072	/	11369.644
	=	1.29

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.

Bolak Co Days Inventory Related Terms

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

Bolak Co (XKRX:002760) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Bolak Co Ltd (XKRX:002760) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chorok-ro, Yangkam-Myeon, Hwaseong, Gyeonggi, KOR, 18628

Website

http://www.bolak.co.kr

Bolak Co Ltd manufactures food additives and active pharmaceutical ingredients in South Korea. Its products include food flavors, coloring agents, chewing gum base, pharmaceutical materials, and cosmetic ingredients.

Bolak Co (XKRX:002760) Headlines

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