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Korea Fuel-Tech (XKRX:123410) Days Inventory : 52.47 (As of Mar. 2024)


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What is Korea Fuel-Tech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Korea Fuel-Tech's Average Total Inventories for the three months ended in Mar. 2024 was ₩87,609 Mil. Korea Fuel-Tech's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩152,353 Mil. Hence, Korea Fuel-Tech's Days Inventory for the three months ended in Mar. 2024 was 52.47.

The historical rank and industry rank for Korea Fuel-Tech's Days Inventory or its related term are showing as below:

XKRX:123410' s Days Inventory Range Over the Past 10 Years
Min: 48.64   Med: 53.96   Max: 60.07
Current: 54.59

During the past 13 years, Korea Fuel-Tech's highest Days Inventory was 60.07. The lowest was 48.64. And the median was 53.96.

XKRX:123410's Days Inventory is ranked better than
73.43% of 1257 companies
in the Vehicles & Parts industry
Industry Median: 81.74 vs XKRX:123410: 54.59

Korea Fuel-Tech's Days Inventory declined from Mar. 2023 (61.01) to Mar. 2024 (52.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Korea Fuel-Tech's Inventory Turnover for the three months ended in Mar. 2024 was 1.74.

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. Korea Fuel-Tech's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.49.


Korea Fuel-Tech Days Inventory Historical Data

The historical data trend for Korea Fuel-Tech'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.

Korea Fuel-Tech Days Inventory Chart

Korea Fuel-Tech 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 48.64 57.54 60.07 59.85 54.70

Korea Fuel-Tech 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 61.01 53.68 63.44 51.84 52.47

Competitive Comparison of Korea Fuel-Tech's Days Inventory

For the Auto Parts subindustry, Korea Fuel-Tech'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.


Korea Fuel-Tech's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Korea Fuel-Tech's Days Inventory distribution charts can be found below:

* The bar in red indicates where Korea Fuel-Tech's Days Inventory falls into.



Korea Fuel-Tech Days Inventory Calculation

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

Korea Fuel-Tech'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
=( (85254.387 + 89697.275) / 2 ) / 583694.513*365
=87475.831 / 583694.513*365
=54.70

Korea Fuel-Tech'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
=( (89697.275 + 85520.2) / 2 ) / 152353.265*365 / 4
=87608.7375 / 152353.265*365 / 4
=52.47

* 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.


Korea Fuel-Tech  (XKRX:123410) 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.

Korea Fuel-Tech'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.

Korea Fuel-Tech's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=87608.7375 / 177261.578
=0.49

* 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.


Korea Fuel-Tech Days Inventory Related Terms

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


Korea Fuel-Tech (XKRX:123410) Business Description

Traded in Other Exchanges
N/A
Address
23-3, San 115-1, Banje-Ri, Yeongdeungpo-gu, Gyeonggi-do, Seoul, KOR, 150-876
Korea Fuel-Tech Corp manufactures and sells automotive fuel systems and interior parts in South Korea and internationally. Its products include carbon canisters, plastic filler necks, plastic fuel rails, plastic intake hoses, plastic intercooler pipes, plastic urea filler necks, ash trays, cup holders, air vents/arm rests, trim parts, glove boxes, duct parts, and sun shades.

Korea Fuel-Tech (XKRX:123410) Headlines

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