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Nuin Tek Co (XKRX:012340) Days Inventory : 61.95 (As of Mar. 2024)


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What is Nuin Tek Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nuin Tek Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩12,809 Mil. Nuin Tek Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩18,867 Mil. Hence, Nuin Tek Co's Days Inventory for the three months ended in Mar. 2024 was 61.95.

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

XKRX:012340' s Days Inventory Range Over the Past 10 Years
Min: 58.51   Med: 63.45   Max: 96.09
Current: 62.11

During the past 13 years, Nuin Tek Co's highest Days Inventory was 96.09. The lowest was 58.51. And the median was 63.45.

XKRX:012340's Days Inventory is ranked better than
75.25% of 2408 companies
in the Hardware industry
Industry Median: 102.415 vs XKRX:012340: 62.11

Nuin Tek Co's Days Inventory increased from Mar. 2023 (60.76) to Mar. 2024 (61.95). It might indicate that Nuin Tek Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nuin Tek Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.47.

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. Nuin Tek Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.65.


Nuin Tek Co Days Inventory Historical Data

The historical data trend for Nuin Tek 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.

Nuin Tek Co Days Inventory Chart

Nuin Tek 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 62.15 59.38 66.19 63.82 58.51

Nuin Tek 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 60.76 59.60 67.63 62.58 61.95

Competitive Comparison of Nuin Tek Co's Days Inventory

For the Electronic Components subindustry, Nuin Tek 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.


Nuin Tek Co's Days Inventory Distribution in the Hardware Industry

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

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



Nuin Tek Co Days Inventory Calculation

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

Nuin Tek 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
=( (12811.594 + 13685.172) / 2 ) / 82650.576*365
=13248.383 / 82650.576*365
=58.51

Nuin Tek 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
=( (13685.172 + 11933.431) / 2 ) / 18866.966*365 / 4
=12809.3015 / 18866.966*365 / 4
=61.95

* 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.


Nuin Tek Co  (XKRX:012340) 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.

Nuin Tek 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=12809.3015 / 19672.075
=0.65

* 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.


Nuin Tek Co Days Inventory Related Terms

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


Nuin Tek Co (XKRX:012340) Business Description

Traded in Other Exchanges
N/A
Address
245-5 Wonnam-Ri, Umbong-Myeon, Asan-si, Chungcheongnam-do, KOR, 336-864
Nuin Tek Co Ltd is a South Korea based company engaged in manufacturing of Film Capacitors and Metalized Capacitor Films. The product offerings of the company include High Voltage Power Factor Correction capacitors, Low Voltage Power Factor Correction capacitors and Motor Start/Motor-Running Capacitors among others.

Nuin Tek Co (XKRX:012340) Headlines

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