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Dongyang Piston Co (XKRX:092780) Days Inventory : 75.27 (As of Dec. 2023)


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What is Dongyang Piston Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dongyang Piston Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩76,847 Mil. Dongyang Piston Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩93,165 Mil. Hence, Dongyang Piston Co's Days Inventory for the three months ended in Dec. 2023 was 75.27.

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

XKRX:092780' s Days Inventory Range Over the Past 10 Years
Min: 47.68   Med: 79.43   Max: 95.78
Current: 76.95

During the past 10 years, Dongyang Piston Co's highest Days Inventory was 95.78. The lowest was 47.68. And the median was 79.43.

XKRX:092780's Days Inventory is ranked better than
53.34% of 1256 companies
in the Vehicles & Parts industry
Industry Median: 81.39 vs XKRX:092780: 76.95

Dongyang Piston Co's Days Inventory declined from Dec. 2022 (87.93) to Dec. 2023 (75.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dongyang Piston Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.21.

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. Dongyang Piston Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.74.


Dongyang Piston Co Days Inventory Historical Data

The historical data trend for Dongyang Piston 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.

Dongyang Piston Co Days Inventory Chart

Dongyang Piston 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 83.95 95.78 90.95 89.20 80.56

Dongyang Piston 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 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 87.93 81.42 76.75 71.00 75.27

Competitive Comparison of Dongyang Piston Co's Days Inventory

For the Auto Parts subindustry, Dongyang Piston 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.


Dongyang Piston Co's Days Inventory Distribution in the Vehicles & Parts Industry

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

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



Dongyang Piston Co Days Inventory Calculation

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

Dongyang Piston 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
=( (87431.837 + 79191.2) / 2 ) / 377449.285*365
=83311.5185 / 377449.285*365
=80.56

Dongyang Piston 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
=( (74502.061 + 79191.2) / 2 ) / 93165.289*365 / 4
=76846.6305 / 93165.289*365 / 4
=75.27

* 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.


Dongyang Piston Co  (XKRX:092780) 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.

Dongyang Piston Co's Inventory Turnover for the three months ended in Dec. 2023 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=76846.6305 / 103806.962
=0.74

* 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.


Dongyang Piston Co Days Inventory Related Terms

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


Dongyang Piston Co (XKRX:092780) Business Description

Traded in Other Exchanges
N/A
Address
16, Haebong-ro 255 beon-gil, Danwon-gu, Ansan, KOR, 425-839
Dongyang Piston Co Ltd is engaged in manufacturing and sale of automotive parts. The company offers compact pistons for automobile, commercial vehicles, industrial equipment, two-wheelers including motorcycles, military vehicles, and ship engines.

Dongyang Piston Co (XKRX:092780) Headlines

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