The historical rank and industry rank for Shinsegae Food Co's Days Inventory or its related term are showing as below:
XKRX:031440'
s Days Inventory Range Over the Past 10 Years
Min: 18.72 Med: 28.17 Max: 34.9
Current: 30.16
During the past 13 years, Shinsegae Food Co's highest Days Inventory was 34.90. The lowest was 18.72. And the median was 28.17.
XKRX:031440's Days Inventory is ranked better than 89.64% of 1786
companies
in the Consumer Packaged Goods industry
Industry Median: 82.035
vs XKRX:031440: 30.16
Shinsegae Food Co's Days Inventory
declined
from Mar. 2023 (33.95) to Mar. 2024 (26.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shinsegae Food Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 3.51.
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.
Shinsegae Food Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.24.
Shinsegae Food Co Days Inventory Historical Data
The historical data trend for Shinsegae Food 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.
Competitive Comparison of Shinsegae Food Co's Days Inventory
For the Packaged Foods subindustry, Shinsegae Food 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.
Shinsegae Food Co's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Shinsegae Food Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Shinsegae Food Co's Days Inventory falls into.
Shinsegae Food Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Shinsegae Food Co's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Shinsegae Food Co (XKRX:031440) 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.
Shinsegae Food 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.
Shinsegae Food 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.
Shinsegae Food Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Shinsegae Food Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Shinsegae Food Co (XKRX:031440) Business Description
Shinsegae Food Co Ltd is involved in food manufacture, food distribution, food and beverage and food service and restaurant business. Food manufacture business includes manufacturers, soups, stews, casseroles, salads, processed meat, sauces, noodles, and rice cakes baked goods, etc. Food distribution business comprises supplying goods to customers such as restaurant franchises, food manufacturers, hotels, resorts, etc. The food and beverage business consists of the development of new concepts and premium food brands and foodservice business covers the provision of customized food services to facilities such as offices, research centers, hospitals, and universities. The firm promotes and develops brands such as Hansik Olbaan, peacock, Johnny rockets, zespri, among others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKRX:031440 has been successfully added to your 