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Seondo Electric Co (XKRX:007610) Days Inventory : 107.10 (As of Mar. 2024)


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What is Seondo Electric Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Seondo Electric Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩6,167 Mil. Seondo Electric Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩5,254 Mil. Hence, Seondo Electric Co's Days Inventory for the three months ended in Mar. 2024 was 107.10.

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

XKRX:007610' s Days Inventory Range Over the Past 10 Years
Min: 29.85   Med: 34.54   Max: 58.38
Current: 58.38

During the past 13 years, Seondo Electric Co's highest Days Inventory was 58.38. The lowest was 29.85. And the median was 34.54.

XKRX:007610's Days Inventory is not ranked
in the Hardware industry.
Industry Median: 101.84 vs XKRX:007610: 58.38

Seondo Electric Co's Days Inventory increased from Mar. 2023 (74.31) to Mar. 2024 (107.10). It might indicate that Seondo Electric Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Seondo Electric Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.85.

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. Seondo Electric Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.26.


Seondo Electric Co Days Inventory Historical Data

The historical data trend for Seondo Electric 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.

Seondo Electric Co Days Inventory Chart

Seondo Electric 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 30.42 47.01 43.60 39.96 54.08

Seondo Electric 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 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 74.31 53.50 33.32 152.44 107.10

Competitive Comparison of Seondo Electric Co's Days Inventory

For the Electronic Components subindustry, Seondo Electric 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.


Seondo Electric Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Seondo Electric Co's Days Inventory distribution charts can be found below:

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



Seondo Electric Co Days Inventory Calculation

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

Seondo Electric 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
=( (5773.572 + 5433.305) / 2 ) / 37818.567*365
=5603.4385 / 37818.567*365
=54.08

Seondo Electric 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
=( (5433.305 + 6900.277) / 2 ) / 5254.085*365 / 4
=6166.791 / 5254.085*365 / 4
=107.10

* 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.


Seondo Electric Co  (XKRX:007610) 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.

Seondo Electric 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.

Seondo Electric 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.


Seondo Electric Co Days Inventory Related Terms

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


Seondo Electric Co (XKRX:007610) Business Description

Traded in Other Exchanges
N/A
Address
734 Wonshi-Dong, Danwon-Gu, Ansan, Gyeonggi, KOR, 425-851
Seondo Electric Co Ltd is a Korea-based company engaged in the manufacture of electric conversion devices. The firm provides switchgears, such as gas insulated switchgears (GISs), vacuum circuit breakers (VCBS), vacuum circuit systems (VCSs)transmission line protection relay panels and others; monitoring and control systems, such as substation total automation systems, remote terminal units (RTUs), distributed control systems and supervisory controls and data acquisition (SCADA) systems; circuit breakers, such as earth leakage circuit breakers, magnetic contractors, home panel boards, reject filters and ignition transformers; environment products, such as diesel soot smoke reducers, electric dust collectors and others, as well as electric construction services.

Seondo Electric Co (XKRX:007610) Headlines

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