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HanJung Natural Connectivity System Co (XKRX:107640) Days Inventory : 41.40 (As of Dec. 2023)


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What is HanJung Natural Connectivity System Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). HanJung Natural Connectivity System Co's Average Total Inventories for the six months ended in Dec. 2023 was ₩13,478 Mil. HanJung Natural Connectivity System Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ₩118,835 Mil. Hence, HanJung Natural Connectivity System Co's Days Inventory for the six months ended in Dec. 2023 was 20.70.

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

XKRX:107640' s Days Inventory Range Over the Past 10 Years
Min: 38.62   Med: 69.99   Max: 109.87
Current: 41.4

During the past 11 years, HanJung Natural Connectivity System Co's highest Days Inventory was 109.87. The lowest was 38.62. And the median was 69.99.

XKRX:107640's Days Inventory is ranked better than
83.27% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 81.74 vs XKRX:107640: 41.40

HanJung Natural Connectivity System Co's Days Inventory declined from Dec. 2021 (95.42) to Dec. 2023 (41.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. HanJung Natural Connectivity System Co's Inventory Turnover for the six months ended in Dec. 2023 was 8.82.

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. HanJung Natural Connectivity System Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.11.


HanJung Natural Connectivity System Co Days Inventory Historical Data

The historical data trend for HanJung Natural Connectivity System 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.

HanJung Natural Connectivity System Co Days Inventory Chart

HanJung Natural Connectivity System Co Annual Data
Trend Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.45 109.87 95.42 73.55 41.40

HanJung Natural Connectivity System Co Semi-Annual Data
Dec12 Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 99.45 109.87 95.42 73.55 41.40

Competitive Comparison of HanJung Natural Connectivity System Co's Days Inventory

For the Auto Parts subindustry, HanJung Natural Connectivity System 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.


HanJung Natural Connectivity System Co's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, HanJung Natural Connectivity System Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where HanJung Natural Connectivity System Co's Days Inventory falls into.



HanJung Natural Connectivity System Co Days Inventory Calculation

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

HanJung Natural Connectivity System 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
=( (15458.372 + 11497.887) / 2 ) / 118834.747*365
=13478.1295 / 118834.747*365
=41.40

HanJung Natural Connectivity System 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: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (15458.372 + 11497.887) / 2 ) / 118834.747*365 / 2
=13478.1295 / 118834.747*365 / 2
=20.70

* 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.


HanJung Natural Connectivity System Co  (XKRX:107640) 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.

HanJung Natural Connectivity System Co's Inventory Turnover for the six 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.

HanJung Natural Connectivity System Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=13478.1295 / 121551.318
=0.11

* 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.


HanJung Natural Connectivity System Co Days Inventory Related Terms

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


HanJung Natural Connectivity System Co (XKRX:107640) Business Description

Traded in Other Exchanges
N/A
Address
9B1L Youngcheon General Industry Complex, Chaesin-Dong, Gyeongsangbuk-do, Yeongcheon-si, KOR, 770-160
HanJung Natural Connectivity System Co Ltd is an automobile parts manufacturer. The company offered products include head lamp shield, spare tire carrier, parking brake lever, weight classification system, auto levelling sensor, exhaust system, and injection mold, among others. The organization sells its products in Korea and other countries like Germany, India, China, USA and Mexico.

HanJung Natural Connectivity System Co (XKRX:107640) Headlines

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