CIAAT Co (XKRX:103660) Days Inventory : 82.13 (As of Dec. 2022)

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What is CIAAT Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CIAAT Co's Average Total Inventories for the six months ended in Dec. 2022 was ₩4,186 Mil. CIAAT Co's Cost of Goods Sold for the six months ended in Dec. 2022 was ₩18,603 Mil. Hence, CIAAT Co's Days Inventory for the six months ended in Dec. 2022 was 41.06.

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

XKRX:103660' s Days Inventory Range Over the Past 10 Years
Min: 82.13 Med: 112.46 Max: 132.29
Current: 82.13

During the past 4 years, CIAAT Co's highest Days Inventory was 132.29. The lowest was 82.13. And the median was 112.46.

XKRX:103660's Days Inventory is ranked worse than
50.17% of 1491 companies
in the Chemicals industry
Industry Median: 81.73 vs XKRX:103660: 82.13

CIAAT Co's Days Inventory declined from Dec. 2020 (132.29) to Dec. 2022 (82.13).

Inventory Turnover measures how fast the company turns over its inventory within a year. CIAAT Co's Inventory Turnover for the six months ended in Dec. 2022 was 4.44.

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. CIAAT Co's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.18.

CIAAT Co Days Inventory Historical Data

The historical data trend for CIAAT 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.

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CIAAT Co Days Inventory Chart

CIAAT Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Inventory

127.03

132.29

97.89

82.13

CIAAT Co Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22
Days Inventory	127.03	132.29	97.89	82.13

Competitive Comparison of CIAAT Co's Days Inventory

For the Specialty Chemicals subindustry, CIAAT 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.

CIAAT Co's Days Inventory Distribution in the Chemicals Industry

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

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

CIAAT Co Days Inventory Calculation

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

CIAAT Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (4069.092	+	4302.529)	/	2 )	/	18602.728	*	365
=	4185.8105					/	18602.728	*	365
=	82.13

CIAAT Co's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

	Days Inventory (Q: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (4069.092	+	4302.529)	/	2 )	/	18602.728	*	365 / 2
=	4185.8105					/	18602.728	*	365 / 2
=	41.06

CIAAT Co (XKRX:103660) 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.

CIAAT Co's Inventory Turnover for the six months ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	18602.728	/	4185.8105
	=	4.44

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.

CIAAT Co's Inventory to Revenue for the six months ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4185.8105	/	23226.869
	=	0.18

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.

CIAAT Co Days Inventory Related Terms

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

CIAAT Co (XKRX:103660) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CIAAT Co Ltd (XKRX:103660) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

926 Woljeon-Dong, Gwangsan-gu, Gwangju, KOR, 506-501

Website

http://www.ciaat.net

CIAAT Co Ltd is engaged in the manufacturing of printing papers and ink ribbon used to form dye sublimation printing technology. It offers award-consuming photo printing photo printer, card field with colored ribbons and holographic. The products offered by the company includes 58, 60 and 100mm width color ribbon, 2,3,5,6,7 panel D2T2 ribbons, monochrome and others.

CIAAT Co (XKRX:103660) Headlines

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