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Korea Movenex Co (XKRX:010100) Days Inventory : 34.38 (As of Dec. 2024)


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What is Korea Movenex Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Korea Movenex Co's Average Total Inventories for the three months ended in Dec. 2024 was ₩138,556 Mil. Korea Movenex Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩367,740 Mil. Hence, Korea Movenex Co's Days Inventory for the three months ended in Dec. 2024 was 34.38.

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

XKRX:010100' s Days Inventory Range Over the Past 10 Years
Min: 29.14   Med: 42.79   Max: 66.09
Current: 30.73

During the past 13 years, Korea Movenex Co's highest Days Inventory was 66.09. The lowest was 29.14. And the median was 42.79.

XKRX:010100's Days Inventory is ranked better than
90.46% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 80.6 vs XKRX:010100: 30.73

Korea Movenex Co's Days Inventory increased from Dec. 2023 (27.85) to Dec. 2024 (34.38). It might indicate that Korea Movenex Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Korea Movenex Co's Inventory Turnover for the three months ended in Dec. 2024 was 2.65.

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. Korea Movenex Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.35.


Korea Movenex Co Days Inventory Historical Data

The historical data trend for Korea Movenex 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.

Korea Movenex Co Days Inventory Chart

Korea Movenex Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.50 42.21 33.03 29.14 32.39

Korea Movenex Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 27.85 27.33 28.00 31.33 34.38

Competitive Comparison of Korea Movenex Co's Days Inventory

For the Auto Parts subindustry, Korea Movenex 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.


Korea Movenex Co's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Korea Movenex Co's Days Inventory distribution charts can be found below:

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


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Korea Movenex Co Days Inventory Calculation

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

Korea Movenex Co's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (104060.985 + 149757.266) / 2 ) / 1430057.495*365
=126909.1255 / 1430057.495*365
=32.39

Korea Movenex Co's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (127354.379 + 149757.266) / 2 ) / 367740.324*365 / 4
=138555.8225 / 367740.324*365 / 4
=34.38

* 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.


Korea Movenex Co  (XKRX:010100) 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.

Korea Movenex Co's Inventory Turnover for the three months ended in Dec. 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.

Korea Movenex Co's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=138555.8225 / 399974.541
=0.35

* 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.


Korea Movenex Co Days Inventory Related Terms

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


Korea Movenex Co Business Description

Traded in Other Exchanges
N/A
Address
2, Mipo 1-gil, Dong-Gu, Ulsan, KOR, 682-801
Korea Movenex Co Ltd engages in the provision of automobile parts, flanges, industrial machinery and advertising/broadcast services. It offers automobile parts, including half shaft and front axle assemblies for passenger cars; and front axle and brake assemblies for buses and trucks. The company also provides engine parts of automobiles comprising crank and cam shafts, hubs, differential gears, spindles, and connecting rods; and carbon steel, non-steel, ANSI, AWWA, API, MSS, welding neck, threeded, slip-on, lap joint, blind, and socket welding flanges. In addition, it offers industrial vessel engine bases and frames, vessel and steel structures, press containers of chemical factories, and bridge and construction-related works.

Korea Movenex Co Headlines

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