Nano Chem Tech (XKRX:091970) Days Inventory : 38.30 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Nano Chem Tech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nano Chem Tech's Average Total Inventories for the three months ended in Mar. 2024 was ₩3,822 Mil. Nano Chem Tech's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩9,106 Mil. Hence, Nano Chem Tech's Days Inventory for the three months ended in Mar. 2024 was 38.30.

The historical rank and industry rank for Nano Chem Tech's Days Inventory or its related term are showing as below:

XKRX:091970' s Days Inventory Range Over the Past 10 Years
Min: 30.66 Med: 48.03 Max: 59.31
Current: 49.31

During the past 13 years, Nano Chem Tech's highest Days Inventory was 59.31. The lowest was 30.66. And the median was 48.03.

XKRX:091970's Days Inventory is ranked better than
77.6% of 1491 companies
in the Chemicals industry
Industry Median: 81.73 vs XKRX:091970: 49.31

Nano Chem Tech's Days Inventory declined from Mar. 2023 (75.26) to Mar. 2024 (38.30).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nano Chem Tech's Inventory Turnover for the three months ended in Mar. 2024 was 2.38.

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. Nano Chem Tech's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.33.

Nano Chem Tech Days Inventory Historical Data

The historical data trend for Nano Chem Tech'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.

Nano Chem Tech Days Inventory Chart

Nano Chem Tech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

59.31

51.84

47.73

49.93

48.32

Nano Chem Tech 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															75.26	61.40	55.62	42.40	38.30

Competitive Comparison of Nano Chem Tech's Days Inventory

For the Specialty Chemicals subindustry, Nano Chem Tech'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.

Nano Chem Tech's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nano Chem Tech's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nano Chem Tech's Days Inventory falls into.

Nano Chem Tech Days Inventory Calculation

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

Nano Chem Tech'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
=	( (6073.037	+	3358.186)	/	2 )	/	35619.367	*	365
=	4715.6115					/	35619.367	*	365
=	48.32

Nano Chem Tech'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
=	( (3358.186	+	4286.503)	/	2 )	/	9105.895	*	365 / 4
=	3822.3445					/	9105.895	*	365 / 4
=	38.30

Nano Chem Tech (XKRX:091970) 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.

Nano Chem Tech's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9105.895	/	3822.3445
	=	2.38

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.

Nano Chem Tech's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3822.3445	/	11716.251
	=	0.33

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.

Nano Chem Tech Days Inventory Related Terms

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

Nano Chem Tech (XKRX:091970) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nano Chem Tech Inc (XKRX:091970) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

482-2 Chang-ri Namsa-myeon, Cheoin-gu, Yongin-si, kyonggi-do, KOR, 449-885

Website

http://www.nanochemtech.co.kr

Nano Chem Tech Inc is a South Korea based company engages in the manufacturing and distribution of organic conducting polymers. Its products include conducting sheet, conducting coating solution, advanced materials, anti-static film, metal PCB, and conducting EPP.

Nano Chem Tech (XKRX:091970) Headlines

No Headlines