Yujin Technology Co (XKRX:240600) Days Inventory : 23.78 (As of Mar. 2024)

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What is Yujin Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yujin Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩2,230 Mil. Yujin Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩8,557 Mil. Hence, Yujin Technology Co's Days Inventory for the three months ended in Mar. 2024 was 23.78.

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

XKRX:240600' s Days Inventory Range Over the Past 10 Years
Min: 26.9 Med: 27.77 Max: 34.01
Current: 31.65

During the past 3 years, Yujin Technology Co's highest Days Inventory was 34.01. The lowest was 26.90. And the median was 27.77.

XKRX:240600's Days Inventory is ranked better than
94.25% of 2904 companies
in the Industrial Products industry
Industry Median: 121.99 vs XKRX:240600: 31.65

Yujin Technology Co's Days Inventory declined from Mar. 2023 (39.13) to Mar. 2024 (23.78).

Inventory Turnover measures how fast the company turns over its inventory within a year. Yujin Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 3.84.

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. Yujin Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.20.

Yujin Technology Co Days Inventory Historical Data

The historical data trend for Yujin Technology 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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Yujin Technology Co Days Inventory Chart

Yujin Technology Co Annual Data

Trend

Dec20

Dec21

Dec22

Days Inventory

26.90

27.77

34.01

Yujin Technology Co Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial								39.13	44.87	35.56	29.21	23.78

Competitive Comparison of Yujin Technology Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Yujin Technology 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.

Yujin Technology Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Yujin Technology Co's Days Inventory distribution charts can be found below:

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

Yujin Technology Co Days Inventory Calculation

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

Yujin Technology Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1882.957	+	3184.294)	/	2 )	/	27193.327	*	365
=	2533.6255					/	27193.327	*	365
=	34.01

Yujin Technology 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
=	( (2664.635	+	1794.996)	/	2 )	/	8556.639	*	365 / 4
=	2229.8155					/	8556.639	*	365 / 4
=	23.78

Yujin Technology Co (XKRX:240600) 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.

Yujin Technology Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8556.639	/	2229.8155
	=	3.84

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2229.8155	/	11365.932
	=	0.20

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.

Yujin Technology Co Days Inventory Related Terms

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

Yujin Technology Co (XKRX:240600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yujin Technology Co Ltd (XKRX:240600) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

42, 2sunhwan-ro, 742beon-gil, Heungdeok-gu, chungcheongbuk-do, Cheongju-si, KOR

Website

http://www.yujintechnology.com

Yujin Technology Co Ltd is a company who manufactures and supplies precision molds, precision mechanical parts, and automation equipment necessary for manufacturing secondary batteries, and is engaged in the business of producing and supplying lead tabs, a secondary battery materials.

Yujin Technology Co (XKRX:240600) Headlines

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