Sun Kwang Co (XKRX:003100) Days Inventory : 0.57 (As of Mar. 2024)

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What is Sun Kwang Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sun Kwang Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩192 Mil. Sun Kwang Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩30,821 Mil. Hence, Sun Kwang Co's Days Inventory for the three months ended in Mar. 2024 was 0.57.

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

XKRX:003100' s Days Inventory Range Over the Past 10 Years
Min: 0.3 Med: 1.49 Max: 7.16
Current: 0.51

During the past 13 years, Sun Kwang Co's highest Days Inventory was 7.16. The lowest was 0.30. And the median was 1.49.

XKRX:003100's Days Inventory is ranked better than
95.48% of 775 companies
in the Transportation industry
Industry Median: 11.42 vs XKRX:003100: 0.51

Sun Kwang Co's Days Inventory increased from Mar. 2023 (0.47) to Mar. 2024 (0.57). It might indicate that Sun Kwang Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sun Kwang Co's Inventory Turnover for the three months ended in Mar. 2024 was 160.31.

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. Sun Kwang Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

Sun Kwang Co Days Inventory Historical Data

The historical data trend for Sun Kwang 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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Sun Kwang Co Days Inventory Chart

Sun Kwang Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1.95

0.31

0.30

0.38

0.52

Sun Kwang 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															0.47	0.51	0.49	0.50	0.57

Competitive Comparison of Sun Kwang Co's Days Inventory

For the Marine Shipping subindustry, Sun Kwang 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.

Sun Kwang Co's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sun Kwang Co's Days Inventory distribution charts can be found below:

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

Sun Kwang Co Days Inventory Calculation

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

Sun Kwang 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
=	( (152.628	+	209.689)	/	2 )	/	128346.391	*	365
=	181.1585					/	128346.391	*	365
=	0.52

Sun Kwang 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
=	( (209.689	+	174.831)	/	2 )	/	30821.007	*	365 / 4
=	192.26					/	30821.007	*	365 / 4
=	0.57

Sun Kwang Co (XKRX:003100) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	30821.007	/	192.26
	=	160.31

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	192.26	/	44231.659
	=	0.00

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.

Sun Kwang Co Days Inventory Related Terms

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

Sun Kwang Co (XKRX:003100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sun Kwang Co Ltd (XKRX:003100) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

34-2 Hang-dong-7-ga Jung-gu, Incheon, KOR, 400-037

Website

http://www.sun-kwang.co.kr

Sun Kwang Co Ltd is engaged in logistics business. The Company also operates container and grain terminals at Incheon and Gunsan Port. Its services include stevedoring, sea sand, container terminal, general cargo transportation, customs clearance, grain silo, heavy cargo transportation, warehouse, CY/CFS, freight forwarding and others.

Sun Kwang Co (XKRX:003100) Headlines

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