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Asia Cement Co (XKRX:183190) Days Inventory : 50.09 (As of Mar. 2024)


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What is Asia Cement Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asia Cement Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩111,315 Mil. Asia Cement Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩202,766 Mil. Hence, Asia Cement Co's Days Inventory for the three months ended in Mar. 2024 was 50.09.

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

XKRX:183190' s Days Inventory Range Over the Past 10 Years
Min: 30.55   Med: 41.57   Max: 45.86
Current: 43.65

During the past 11 years, Asia Cement Co's highest Days Inventory was 45.86. The lowest was 30.55. And the median was 41.57.

XKRX:183190's Days Inventory is ranked better than
79.4% of 369 companies
in the Building Materials industry
Industry Median: 83.57 vs XKRX:183190: 43.65

Asia Cement Co's Days Inventory increased from Mar. 2023 (48.97) to Mar. 2024 (50.09). It might indicate that Asia Cement Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asia Cement Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.82.

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. Asia Cement Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.42.


Asia Cement Co Days Inventory Historical Data

The historical data trend for Asia Cement 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.

Asia Cement Co Days Inventory Chart

Asia Cement Co 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 41.62 41.52 41.76 45.86 44.79

Asia Cement Co 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 48.97 39.60 44.47 41.23 50.09

Competitive Comparison of Asia Cement Co's Days Inventory

For the Building Materials subindustry, Asia Cement 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.


Asia Cement Co's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Asia Cement Co's Days Inventory distribution charts can be found below:

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



Asia Cement Co Days Inventory Calculation

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

Asia Cement 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
=( (116885.783 + 111314.638) / 2 ) / 929837.35*365
=114100.2105 / 929837.35*365
=44.79

Asia Cement Co'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
=( (111314.638 + 0) / 1 ) / 202765.64*365 / 4
=111314.638 / 202765.64*365 / 4
=50.09

* 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.


Asia Cement Co  (XKRX:183190) 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.

Asia Cement Co'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.

Asia Cement Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=111314.638 / 262809.151
=0.42

* 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.


Asia Cement Co Days Inventory Related Terms

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


Asia Cement Co (XKRX:183190) Business Description

Traded in Other Exchanges
N/A
Address
726 Yeoksam-dong, Gangnam-gu, Seoul, KOR
Asia Cement Co Ltd engages in the manufacture and distribution of cement, semi-finished cement, cement products, ready-mixed concrete and related material. Its business also covers quarrying, non-metallic mineral products, the whole and retail sale of building materials, international trading, tally, and packing. It offers Portland cement, Asia mortar, and customized cement products.

Asia Cement Co (XKRX:183190) Headlines

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