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Lat Co (XKRX:311060) Days Inventory : 305.55 (As of Dec. 2023)


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What is Lat Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lat Co's Average Total Inventories for the six months ended in Dec. 2023 was ₩7,258 Mil. Lat Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ₩8,671 Mil. Hence, Lat Co's Days Inventory for the six months ended in Dec. 2023 was 152.77.

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

XKRX:311060' s Days Inventory Range Over the Past 10 Years
Min: 39.31   Med: 39.46   Max: 305.55
Current: 305.55

During the past 3 years, Lat Co's highest Days Inventory was 305.55. The lowest was 39.31. And the median was 39.46.

XKRX:311060's Days Inventory is ranked worse than
89.69% of 2899 companies
in the Industrial Products industry
Industry Median: 121.51 vs XKRX:311060: 305.55

Lat Co's Days Inventory increased from Dec. 2021 (39.31) to Dec. 2023 (305.55). It might indicate that Lat Co'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. Lat Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.19.

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. Lat Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.78.


Lat Co Days Inventory Historical Data

The historical data trend for Lat 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.

Lat Co Days Inventory Chart

Lat Co Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
39.31 39.46 305.55

Lat Co Semi-Annual Data
Dec21 Dec22 Dec23
Days Inventory 39.31 39.46 305.55

Competitive Comparison of Lat Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Lat 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.


Lat Co's Days Inventory Distribution in the Industrial Products Industry

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

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



Lat Co Days Inventory Calculation

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

Lat 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
=( (1750.658 + 12766.119) / 2 ) / 8670.757*365
=7258.3885 / 8670.757*365
=305.55

Lat 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: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1750.658 + 12766.119) / 2 ) / 8670.757*365 / 2
=7258.3885 / 8670.757*365 / 2
=152.77

* 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.


Lat Co  (XKRX:311060) 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.

Lat Co's Inventory Turnover for the six 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.

Lat Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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.


Lat Co Days Inventory Related Terms

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


Lat Co (XKRX:311060) Business Description

Traded in Other Exchanges
N/A
Address
766-2 Gosaek-dong, Gwonseon-gu, Pyeong-dong, Gyeonggi-do, 1433-100, Suwon, KOR, 16643
Lat Co Ltd is a Korean company which operates in the vacuum equipment industry. It manufactures semiconductor and display equipment, while its products offerings include Vacuum deposition equipment, Heat treatment devices, etching devices, fusion compound devices, and other devices. It offers products for industries including solar cells (MEMS, PACKAGE, PCB), displays (AMOLED, LCD), and renewable energy (crystalline, thin film solar cells).

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