NIBEC Co (XKRX:138610) Days Inventory : 137.34 (As of Dec. 2024)

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What is NIBEC Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NIBEC Co's Average Total Inventories for the three months ended in Dec. 2024 was ₩5,487 Mil. NIBEC Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩3,646 Mil. Hence, NIBEC Co's Days Inventory for the three months ended in Dec. 2024 was 137.34.

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

XKRX:138610' s Days Inventory Range Over the Past 10 Years
Min: 123.3 Med: 191.74 Max: 277.94
Current: 178.82

During the past 13 years, NIBEC Co's highest Days Inventory was 277.94. The lowest was 123.30. And the median was 191.74.

XKRX:138610's Days Inventory is ranked better than
50.23% of 641 companies
in the Biotechnology industry
Industry Median: 179.02 vs XKRX:138610: 178.82

NIBEC Co's Days Inventory declined from Dec. 2023 (247.93) to Dec. 2024 (137.34).

Inventory Turnover measures how fast the company turns over its inventory within a year. NIBEC Co's Inventory Turnover for the three months ended in Dec. 2024 was 0.66.

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. NIBEC Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.86.

NIBEC Co Days Inventory Historical Data

The historical data trend for NIBEC 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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NIBEC Co Days Inventory Chart

NIBEC Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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275.79

212.15

192.97

277.94

177.89

NIBEC Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															247.93	201.99	194.14	196.34	137.34

Competitive Comparison of NIBEC Co's Days Inventory

For the Biotechnology subindustry, NIBEC 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.

NIBEC Co's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, NIBEC Co's Days Inventory distribution charts can be found below:

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

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NIBEC Co Days Inventory Calculation

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

NIBEC Co's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (6363.561	+	5206.501)	/	2 )	/	11869.6	*	365
=	5785.031					/	11869.6	*	365
=	177.89

NIBEC Co's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (5767.657	+	5206.501)	/	2 )	/	3645.792	*	365 / 4
=	5487.079					/	3645.792	*	365 / 4
=	137.34

NIBEC Co (XKRX:138610) 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.

NIBEC Co's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3645.792	/	5487.079
	=	0.66

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.

NIBEC Co's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5487.079	/	6378.246
	=	0.86

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.

NIBEC Co Days Inventory Related Terms

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

NIBEC Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » NIBEC Co Ltd (XKRX:138610) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Iwol Electronics & Civil Engineering & Construction 1 Complex, Jincheon-hun, KOR

Website

http://www.nibec.co.kr

NIBEC Co Ltd is a South Korea based biotechnology company. It manufactures and markets medicines for mouth, teeth health and tissue recovery. The company's main products are teeth whitening products, materials related to a dental implant, Regenomer, Equimatrix-collagen, OssGen-X 15. It is also involved in cosmetic production and sales.

NIBEC Co Headlines

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