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Eco Volt Co (XKRX:097780) Days Inventory : 67.20 (As of Mar. 2024)


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What is Eco Volt Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Eco Volt Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩45,511 Mil. Eco Volt Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩61,801 Mil. Hence, Eco Volt Co's Days Inventory for the three months ended in Mar. 2024 was 67.20.

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

XKRX:097780' s Days Inventory Range Over the Past 10 Years
Min: 18.51   Med: 37.33   Max: 84.76
Current: 84.76

During the past 13 years, Eco Volt Co's highest Days Inventory was 84.76. The lowest was 18.51. And the median was 37.33.

XKRX:097780's Days Inventory is ranked better than
60.54% of 2410 companies
in the Hardware industry
Industry Median: 101.695 vs XKRX:097780: 84.76

Eco Volt Co's Days Inventory increased from Mar. 2023 (62.56) to Mar. 2024 (67.20). It might indicate that Eco Volt Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eco Volt Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.36.

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. Eco Volt Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.76.


Eco Volt Co Days Inventory Historical Data

The historical data trend for Eco Volt 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.

Eco Volt Co Days Inventory Chart

Eco Volt 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 50.84 31.95 65.33 78.79 78.52

Eco Volt 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 62.56 60.04 67.51 1,091.18 67.20

Competitive Comparison of Eco Volt Co's Days Inventory

For the Electronic Components subindustry, Eco Volt 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.


Eco Volt Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Eco Volt Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Eco Volt Co's Days Inventory falls into.



Eco Volt Co Days Inventory Calculation

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

Eco Volt 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
=( (35840.129 + 42473.483) / 2 ) / 182025.466*365
=39156.806 / 182025.466*365
=78.52

Eco Volt 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
=( (42473.483 + 48548.021) / 2 ) / 61800.986*365 / 4
=45510.752 / 61800.986*365 / 4
=67.20

* 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.


Eco Volt Co  (XKRX:097780) 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.

Eco Volt 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.

Eco Volt Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=45510.752 / 59721.356
=0.76

* 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.


Eco Volt Co Days Inventory Related Terms

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


Eco Volt Co (XKRX:097780) Business Description

Traded in Other Exchanges
N/A
Address
241, Sandan-ro, Gyeonggi-do, Pyeongtaek, KOR
S-Mac Co Ltd is a South Korea based company engages in the development and manufacturing of touch modules and key modules for wireless communication devices. Its products are used in mobile phones, tablets, and laptops/AIOs, as well as in automotive and other applications.

Eco Volt Co (XKRX:097780) Headlines

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