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Hwaseung R&A Co (XKRX:378850) Days Inventory : 26.91 (As of Mar. 2024)


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What is Hwaseung R&A Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hwaseung R&A Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩40,645 Mil. Hwaseung R&A Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩137,809 Mil. Hence, Hwaseung R&A Co's Days Inventory for the three months ended in Mar. 2024 was 26.91.

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

XKRX:378850' s Days Inventory Range Over the Past 10 Years
Min: 23.39   Med: 24.78   Max: 35.72
Current: 26.55

During the past 3 years, Hwaseung R&A Co's highest Days Inventory was 35.72. The lowest was 23.39. And the median was 24.78.

XKRX:378850's Days Inventory is ranked better than
92.95% of 1262 companies
in the Vehicles & Parts industry
Industry Median: 81.845 vs XKRX:378850: 26.55

Hwaseung R&A Co's Days Inventory increased from Mar. 2023 (23.31) to Mar. 2024 (26.91). It might indicate that Hwaseung R&A Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hwaseung R&A Co's Inventory Turnover for the three months ended in Mar. 2024 was 3.39.

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. Hwaseung R&A Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.24.


Hwaseung R&A Co Days Inventory Historical Data

The historical data trend for Hwaseung R&A 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.

Hwaseung R&A Co Days Inventory Chart

Hwaseung R&A Co Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
35.72 24.78 23.39

Hwaseung R&A Co Quarterly Data
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 23.31 23.33 25.48 30.00 26.91

Competitive Comparison of Hwaseung R&A Co's Days Inventory

For the Auto Parts subindustry, Hwaseung R&A 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.


Hwaseung R&A Co's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hwaseung R&A Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hwaseung R&A Co's Days Inventory falls into.



Hwaseung R&A Co Days Inventory Calculation

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

Hwaseung R&A 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
=( (33974.556 + 37272.584) / 2 ) / 555825.412*365
=35623.57 / 555825.412*365
=23.39

Hwaseung R&A 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
=( (37272.584 + 44017.408) / 2 ) / 137808.56*365 / 4
=40644.996 / 137808.56*365 / 4
=26.91

* 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.


Hwaseung R&A Co  (XKRX:378850) 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.

Hwaseung R&A 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.

Hwaseung R&A Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=40644.996 / 169837.821
=0.24

* 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.


Hwaseung R&A Co Days Inventory Related Terms

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


Hwaseung R&A Co (XKRX:378850) Business Description

Traded in Other Exchanges
N/A
Address
61, Chungnyeol-ro, Gyeongsangnam-do, Yangsan-si, KOR, 50592
Hwaseung R&A Co Ltd is a manufacturer of automotive parts and industrial rubber parts.

Hwaseung R&A Co (XKRX:378850) Headlines

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