Okins Electronics Co (XKRX:080580) Days Inventory : 69.11 (As of Dec. 2023)

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What is Okins Electronics Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Okins Electronics Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩12,086 Mil. Okins Electronics Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩15,957 Mil. Hence, Okins Electronics Co's Days Inventory for the three months ended in Dec. 2023 was 69.11.

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

XKRX:080580' s Days Inventory Range Over the Past 10 Years
Min: 62.17 Med: 79.98 Max: 93.83
Current: 92.65

During the past 11 years, Okins Electronics Co's highest Days Inventory was 93.83. The lowest was 62.17. And the median was 79.98.

XKRX:080580's Days Inventory is ranked better than
65.92% of 942 companies
in the Semiconductors industry
Industry Median: 129.735 vs XKRX:080580: 92.65

Okins Electronics Co's Days Inventory declined from Dec. 2022 (80.33) to Dec. 2023 (69.11).

Inventory Turnover measures how fast the company turns over its inventory within a year. Okins Electronics Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.32.

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. Okins Electronics Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.65.

Okins Electronics Co Days Inventory Historical Data

The historical data trend for Okins Electronics 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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Okins Electronics Co Days Inventory Chart

Okins Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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90.06

79.16

62.17

65.60

82.10

Okins Electronics Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															80.33	103.06	108.95	115.83	69.11

Competitive Comparison of Okins Electronics Co's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Okins Electronics 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.

Okins Electronics Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Okins Electronics Co's Days Inventory distribution charts can be found below:

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

Okins Electronics Co Days Inventory Calculation

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

Okins Electronics 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
=	( (10010.022	+	10403.743)	/	2 )	/	45378.298	*	365
=	10206.8825					/	45378.298	*	365
=	82.10

Okins Electronics Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (13767.99	+	10403.743)	/	2 )	/	15957.001	*	365 / 4
=	12085.8665					/	15957.001	*	365 / 4
=	69.11

Okins Electronics Co (XKRX:080580) 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.

Okins Electronics Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	15957.001	/	12085.8665
	=	1.32

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.

Okins Electronics Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12085.8665	/	18649.47
	=	0.65

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.

Okins Electronics Co Days Inventory Related Terms

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

Okins Electronics Co (XKRX:080580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Okins Electronics Co Ltd (XKRX:080580) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

13, Ojeongongeop-gil, 5th Floor, Gyeonggi-do, Uiwang-si, KOR, 16072

Website

http://www.okins.co.kr

Okins Electronics Co Ltd is a supplier of the device interface system. The company manufactures BiTS products for the applications to support device contacts for both memory and logic products. The business units of the organization include BiTS BU, Semiconductor BU and MEMS BU. The product line of the BiTS BU includes burn-in socket, test socket, memory module test socket, SSD module socket, spring probes and PION. Its semiconductor test service offers IC testing services for fabless design houses on test development and volume operation of wafer probing and package testing. The MEMS division is a solution-oriented department for manufacturing sockets for testing fine pitch packages.

Okins Electronics Co (XKRX:080580) Headlines

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