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Hyungji Elite (XKRX:093240) Days Inventory : 78.39 (As of Sep. 2024)


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What is Hyungji Elite Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hyungji Elite's Average Total Inventories for the three months ended in Sep. 2024 was ₩22,442 Mil. Hyungji Elite's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩26,122 Mil. Hence, Hyungji Elite's Days Inventory for the three months ended in Sep. 2024 was 78.39.

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

XKRX:093240' s Days Inventory Range Over the Past 10 Years
Min: 67.39   Med: 139.64   Max: 211.39
Current: 73.88

During the past 13 years, Hyungji Elite's highest Days Inventory was 211.39. The lowest was 67.39. And the median was 139.64.

XKRX:093240's Days Inventory is ranked better than
75.5% of 1004 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 128.745 vs XKRX:093240: 73.88

Hyungji Elite's Days Inventory declined from Sep. 2023 (88.14) to Sep. 2024 (78.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hyungji Elite's Inventory Turnover for the three months ended in Sep. 2024 was 1.16.

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. Hyungji Elite's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.67.


Hyungji Elite Days Inventory Historical Data

The historical data trend for Hyungji Elite'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.

Hyungji Elite Days Inventory Chart

Hyungji Elite Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 162.12 142.30 94.48 70.20 67.39

Hyungji Elite Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 88.14 71.98 67.77 78.69 78.39

Competitive Comparison of Hyungji Elite's Days Inventory

For the Apparel Manufacturing subindustry, Hyungji Elite'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.


Hyungji Elite's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Hyungji Elite's Days Inventory falls into.



Hyungji Elite Days Inventory Calculation

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

Hyungji Elite's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (17006.844 + 21555.241) / 2 ) / 104438.276*365
=19281.0425 / 104438.276*365
=67.39

Hyungji Elite's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (21555.241 + 23328.34) / 2 ) / 26122.303*365 / 4
=22441.7905 / 26122.303*365 / 4
=78.39

* 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.


Hyungji Elite  (XKRX:093240) 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.

Hyungji Elite's Inventory Turnover for the three months ended in Sep. 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.

Hyungji Elite's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=22441.7905 / 33330.502
=0.67

* 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.


Hyungji Elite Days Inventory Related Terms

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


Hyungji Elite Business Description

Traded in Other Exchanges
N/A
Address
Songdogwahak-ro, 16beon-gil, 9th Floor, Carnavi.com, 13-25, Yeonsu-gu, Songdo-dong 173-1, Incheon, KOR
Hyungji Elite Inc designs, manufactures and sells clothes. It is specialized in schooling clothes ('Elite'), corporate uniforms. It also offers sports and casual clothes.

Hyungji Elite Headlines

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