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W-Scope Chungju Plant Co (XKRX:393890) Days Inventory : 55.68 (As of Mar. 2024)


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What is W-Scope Chungju Plant Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). W-Scope Chungju Plant Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩71,712 Mil. W-Scope Chungju Plant Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩117,529 Mil. Hence, W-Scope Chungju Plant Co's Days Inventory for the three months ended in Mar. 2024 was 55.68.

The historical rank and industry rank for W-Scope Chungju Plant Co's Days Inventory or its related term are showing as below:

XKRX:393890' s Days Inventory Range Over the Past 10 Years
Min: 50.59   Med: 72.45   Max: 139.74
Current: 72.78

During the past 7 years, W-Scope Chungju Plant Co's highest Days Inventory was 139.74. The lowest was 50.59. And the median was 72.45.

XKRX:393890's Days Inventory is ranked better than
77.96% of 2899 companies
in the Industrial Products industry
Industry Median: 121.51 vs XKRX:393890: 72.78

W-Scope Chungju Plant Co's Days Inventory declined from Mar. 2023 (81.40) to Mar. 2024 (55.68).

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. W-Scope Chungju Plant Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.64.

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. W-Scope Chungju Plant Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.59.


W-Scope Chungju Plant Co Days Inventory Historical Data

The historical data trend for W-Scope Chungju Plant 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.

W-Scope Chungju Plant Co Days Inventory Chart

W-Scope Chungju Plant Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 139.74 50.72 50.59 72.45 94.54

W-Scope Chungju Plant 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 81.40 77.27 106.83 77.34 55.68

Competitive Comparison of W-Scope Chungju Plant Co's Days Inventory

For the Electrical Equipment & Parts subindustry, W-Scope Chungju Plant 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.


W-Scope Chungju Plant Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, W-Scope Chungju Plant Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where W-Scope Chungju Plant Co's Days Inventory falls into.



W-Scope Chungju Plant Co Days Inventory Calculation

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

W-Scope Chungju Plant 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
=( (50774.887 + 76796.249) / 2 ) / 246264.954*365
=63785.568 / 246264.954*365
=94.54

W-Scope Chungju Plant 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
=( (76796.249 + 66627.183) / 2 ) / 117528.957*365 / 4
=71711.716 / 117528.957*365 / 4
=55.68

* 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.


W-Scope Chungju Plant Co  (XKRX:393890) 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.

W-Scope Chungju Plant 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.

W-Scope Chungju Plant Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=71711.716 / 122406.361
=0.59

* 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.


W-Scope Chungju Plant Co Days Inventory Related Terms

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


W-Scope Chungju Plant Co (XKRX:393890) Business Description

Traded in Other Exchanges
N/A
Address
Shinagawa-ku, Tokyo, JPN
Website
W-Scope Chungju Plant Co Ltd is engaged in the business of battery parts and materials for automobiles and energy storage.

W-Scope Chungju Plant Co (XKRX:393890) Headlines

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