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Ewon Comfortech Co (XKRX:088290) Days Inventory : 27.54 (As of Mar. 2024)


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What is Ewon Comfortech Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ewon Comfortech Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩3,084 Mil. Ewon Comfortech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩10,218 Mil. Hence, Ewon Comfortech Co's Days Inventory for the three months ended in Mar. 2024 was 27.54.

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

XKRX:088290' s Days Inventory Range Over the Past 10 Years
Min: 19.54   Med: 42.4   Max: 56.33
Current: 26.74

During the past 13 years, Ewon Comfortech Co's highest Days Inventory was 56.33. The lowest was 19.54. And the median was 42.40.

XKRX:088290's Days Inventory is ranked better than
92.74% of 1253 companies
in the Vehicles & Parts industry
Industry Median: 80.85 vs XKRX:088290: 26.74

Ewon Comfortech Co's Days Inventory declined from Mar. 2023 (30.28) to Mar. 2024 (27.54).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ewon Comfortech Co's Inventory Turnover for the three months ended in Mar. 2024 was 3.31.

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. Ewon Comfortech Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.28.


Ewon Comfortech Co Days Inventory Historical Data

The historical data trend for Ewon Comfortech 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.

Ewon Comfortech Co Days Inventory Chart

Ewon Comfortech 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 35.68 36.29 27.53 19.54 23.88

Ewon Comfortech 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 30.28 25.27 27.18 26.51 27.54

Competitive Comparison of Ewon Comfortech Co's Days Inventory

For the Auto Parts subindustry, Ewon Comfortech 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.


Ewon Comfortech Co's Days Inventory Distribution in the Vehicles & Parts Industry

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

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



Ewon Comfortech Co Days Inventory Calculation

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

Ewon Comfortech 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
=( (2573.37 + 3005.935) / 2 ) / 42633.93*365
=2789.6525 / 42633.93*365
=23.88

Ewon Comfortech 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
=( (3005.935 + 3161.639) / 2 ) / 10218.084*365 / 4
=3083.787 / 10218.084*365 / 4
=27.54

* 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.


Ewon Comfortech Co  (XKRX:088290) 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.

Ewon Comfortech 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.

Ewon Comfortech 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.


Ewon Comfortech Co Days Inventory Related Terms

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


Ewon Comfortech Co (XKRX:088290) Business Description

Traded in Other Exchanges
N/A
Address
127-33, Wonang-ro 503beon-gil, Yeonmu-eup, Chungcheongnam-do, Nonsan-si, KOR
Ewon Comfortech Co Ltd is a Korea based manufacturer of multifunctional air and spring suspension seats for automobile industry. The product portfolio of the organization comprises vehicle seats, suspension and interior products. Interior products include bed, sleeping bed for truck, luggage rack, insulator and others.

Ewon Comfortech Co (XKRX:088290) Headlines

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