QMC Co (XKRX:136660) Days Inventory : 93.57 (As of Dec. 2023)

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What is QMC Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). QMC Co's Average Total Inventories for the six months ended in Dec. 2023 was ₩2,785 Mil. QMC Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ₩10,866 Mil. Hence, QMC Co's Days Inventory for the six months ended in Dec. 2023 was 46.78.

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

XKRX:136660' s Days Inventory Range Over the Past 10 Years
Min: 26.8 Med: 81.23 Max: 715.33
Current: 93.57

During the past 10 years, QMC Co's highest Days Inventory was 715.33. The lowest was 26.80. And the median was 81.23.

XKRX:136660's Days Inventory is ranked better than
65.04% of 944 companies
in the Semiconductors industry
Industry Median: 130.195 vs XKRX:136660: 93.57

QMC Co's Days Inventory increased from Dec. 2021 (42.30) to Dec. 2023 (93.57). It might indicate that QMC 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. QMC Co's Inventory Turnover for the six months ended in Dec. 2023 was 3.90.

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. QMC Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.27.

QMC Co Days Inventory Historical Data

The historical data trend for QMC 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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QMC Co Days Inventory Chart

QMC Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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55.82

26.80

42.30

81.06

93.57

QMC Co Semi-Annual Data
	Dec13	Dec14	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Days Inventory	Get a 7-Day Free Trial					55.82	26.80	42.30	81.06	93.57

Competitive Comparison of QMC Co's Days Inventory

For the Semiconductor Equipment & Materials subindustry, QMC 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.

QMC Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, QMC Co's Days Inventory distribution charts can be found below:

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

QMC Co Days Inventory Calculation

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

QMC 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
=	( (4213.721	+	1356.884)	/	2 )	/	10865.501	*	365
=	2785.3025					/	10865.501	*	365
=	93.57

QMC 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
=	( (4213.721	+	1356.884)	/	2 )	/	10865.501	*	365 / 2
=	2785.3025					/	10865.501	*	365 / 2
=	46.78

QMC Co (XKRX:136660) 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.

QMC Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10865.501	/	2785.3025
	=	3.90

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.

QMC Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2785.3025	/	10171.148
	=	0.27

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.

QMC Co Days Inventory Related Terms

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

QMC Co (XKRX:136660) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » QMC Co Ltd (XKRX:136660) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Heungan-daero, 439 beon-gil, Dongan-gu, Gyeonggi-do, Anyang-si, KOR

Website

http://www.iqmc.co.kr

QMC Co Ltd manufactures LED, semiconductor and FPD equipments. The company's products are LED, laser system, semiconductors, FPD, and other equipments.

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