Point Engineering Co (XKRX:256630) Days Inventory : 30.40 (As of Dec. 2023)

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What is Point Engineering Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Point Engineering Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩2,092 Mil. Point Engineering Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩6,279 Mil. Hence, Point Engineering Co's Days Inventory for the three months ended in Dec. 2023 was 30.40.

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

XKRX:256630' s Days Inventory Range Over the Past 10 Years
Min: 24.89 Med: 36.89 Max: 45.37
Current: 39.17

During the past 8 years, Point Engineering Co's highest Days Inventory was 45.37. The lowest was 24.89. And the median was 36.89.

XKRX:256630's Days Inventory is ranked better than
88.7% of 2407 companies
in the Hardware industry
Industry Median: 103.77 vs XKRX:256630: 39.17

Point Engineering Co's Days Inventory declined from Dec. 2022 (50.04) to Dec. 2023 (30.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Point Engineering Co's Inventory Turnover for the three months ended in Dec. 2023 was 3.00.

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. Point Engineering Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.34.

Point Engineering Co Days Inventory Historical Data

The historical data trend for Point Engineering 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.

Point Engineering Co Days Inventory Chart

Point Engineering Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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32.39

36.69

43.27

45.37

37.09

Point Engineering Co 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															50.04	46.94	41.82	39.02	30.40

Competitive Comparison of Point Engineering Co's Days Inventory

For the Electronic Components subindustry, Point Engineering 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.

Point Engineering Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Point Engineering Co's Days Inventory distribution charts can be found below:

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

Point Engineering Co Days Inventory Calculation

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

Point Engineering 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
=	( (3620.925	+	1734.937)	/	2 )	/	26352.737	*	365
=	2677.931					/	26352.737	*	365
=	37.09

Point Engineering 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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2449.188	+	1734.937)	/	2 )	/	6278.725	*	365 / 4
=	2092.0625					/	6278.725	*	365 / 4
=	30.40

Point Engineering Co (XKRX:256630) 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.

Point Engineering Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6278.725	/	2092.0625
	=	3.00

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.

Point Engineering Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2092.0625	/	6225.35
	=	0.34

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.

Point Engineering Co Days Inventory Related Terms

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

Point Engineering Co (XKRX:256630) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Point Engineering Co Ltd (XKRX:256630) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Asan Valley-ro, Dunpo-Myeon, Chungnam, Asan-si, KOR

Website

http://www.pointeng.co.kr

Point Engineering Co Ltd is a South Korea based company engaged in manufacturing of precision parts and materials based on fine machining and surface treatment technology. The products of the company include LCD Parts such as Susceptor, Diffuser, Backing Plate and Upper Electrode. It also provides Etch Part and Metal Frame among other products.

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