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LTC CO.LTD (XKRX:170920) Days Inventory : 243.25 (As of Dec. 2023)


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What is LTC CO.LTD Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). LTC CO.LTD's Average Total Inventories for the three months ended in Dec. 2023 was ₩61,986 Mil. LTC CO.LTD's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩23,253 Mil. Hence, LTC CO.LTD's Days Inventory for the three months ended in Dec. 2023 was 243.25.

The historical rank and industry rank for LTC CO.LTD's Days Inventory or its related term are showing as below:

XKRX:170920' s Days Inventory Range Over the Past 10 Years
Min: 19.12   Med: 50.85   Max: 229.49
Current: 229.49

During the past 12 years, LTC CO.LTD's highest Days Inventory was 229.49. The lowest was 19.12. And the median was 50.85.

XKRX:170920's Days Inventory is ranked worse than
91.22% of 1492 companies
in the Chemicals industry
Industry Median: 83.17 vs XKRX:170920: 229.49

LTC CO.LTD's Days Inventory increased from Dec. 2022 (77.61) to Dec. 2023 (243.25). It might indicate that LTC CO.LTD'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. LTC CO.LTD's Inventory Turnover for the three months ended in Dec. 2023 was 0.38.

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. LTC CO.LTD's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.44.


LTC CO.LTD Days Inventory Historical Data

The historical data trend for LTC CO.LTD'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.

LTC CO.LTD Days Inventory Chart

LTC CO.LTD 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 51.65 39.16 58.06 59.96 223.96

LTC CO.LTD Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 77.61 221.26 212.67 248.38 243.25

Competitive Comparison of LTC CO.LTD's Days Inventory

For the Specialty Chemicals subindustry, LTC CO.LTD'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.


LTC CO.LTD's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, LTC CO.LTD's Days Inventory distribution charts can be found below:

* The bar in red indicates where LTC CO.LTD's Days Inventory falls into.



LTC CO.LTD Days Inventory Calculation

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

LTC CO.LTD'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
=( (44569.725 + 67170.42) / 2 ) / 91053.601*365
=55870.0725 / 91053.601*365
=223.96

LTC CO.LTD'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (56801.981 + 67170.42) / 2 ) / 23252.779*365 / 4
=61986.2005 / 23252.779*365 / 4
=243.25

* 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.


LTC CO.LTD  (XKRX:170920) 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.

LTC CO.LTD's Inventory Turnover for the three 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.

LTC CO.LTD's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=61986.2005 / 25359.248
=2.44

* 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.


LTC CO.LTD Days Inventory Related Terms

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


LTC CO.LTD (XKRX:170920) Business Description

Traded in Other Exchanges
N/A
Address
264, Sucham-Ri, Tongjin-Eup, Gimpo, KOR, 415868
LTC CO.LTD develops and produces process chemicals used in the manufacturing process for flat panel displays and semiconductors. The company's product offerings include FPD chemicals and Nano chemicals.

LTC CO.LTD (XKRX:170920) Headlines

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