Welcron Co (XKRX:065950) Days Inventory : 23.61 (As of Dec. 2024)

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What is Welcron Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Welcron Co's Average Total Inventories for the three months ended in Dec. 2024 was ₩17,371 Mil. Welcron Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩67,132 Mil. Hence, Welcron Co's Days Inventory for the three months ended in Dec. 2024 was 23.61.

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

XKRX:065950' s Days Inventory Range Over the Past 10 Years
Min: 16.8 Med: 26.86 Max: 50.67
Current: 23.27

During the past 13 years, Welcron Co's highest Days Inventory was 50.67. The lowest was 16.80. And the median was 26.86.

XKRX:065950's Days Inventory is ranked better than
94.05% of 991 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 127.23 vs XKRX:065950: 23.27

Welcron Co's Days Inventory increased from Dec. 2023 (19.40) to Dec. 2024 (23.61). It might indicate that Welcron Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Welcron Co's Inventory Turnover for the three months ended in Dec. 2024 was 3.86.

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. Welcron Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.18.

Welcron Co Days Inventory Historical Data

The historical data trend for Welcron 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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Welcron Co Days Inventory Chart

Welcron Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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30.42

26.35

21.69

16.80

23.66

Welcron 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															19.40	18.81	22.84	30.63	23.61

Competitive Comparison of Welcron Co's Days Inventory

For the Textile Manufacturing subindustry, Welcron 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.

Welcron Co's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Welcron Co's Days Inventory distribution charts can be found below:

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

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Welcron Co Days Inventory Calculation

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

Welcron 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
=	( (16000.183	+	19446.982)	/	2 )	/	273477.347	*	365
=	17723.5825					/	273477.347	*	365
=	23.66

Welcron 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
=	( (15295.516	+	19446.982)	/	2 )	/	67132.007	*	365 / 4
=	17371.249					/	67132.007	*	365 / 4
=	23.61

Welcron Co (XKRX:065950) 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.

Welcron Co's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	67132.007	/	17371.249
	=	3.86

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	17371.249	/	94945.082
	=	0.18

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.

Welcron Co Days Inventory Related Terms

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

Welcron Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Welcron Co Ltd (XKRX:065950) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

212-24, Guro-dong, Guro-gu, SEOUL, KOR, 152-848

Website

http://www.welcron.com

Welcron Co Ltd operates in the textile manufacturing industry in South Korea. The company is engaged in manufacturing of textile materials, functional hygiene products, energy products, and petrochemical plants. The product of the company includes microfiber cleaner.

Welcron Co Headlines

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