Enjet Co (XKRX:419080) Days Inventory : 126.43 (As of Dec. 2023)

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What is Enjet Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Enjet Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩875 Mil. Enjet Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩631 Mil. Hence, Enjet Co's Days Inventory for the three months ended in Dec. 2023 was 126.43.

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

XKRX:419080' s Days Inventory Range Over the Past 10 Years
Min: 52.7 Med: 81.38 Max: 127.15
Current: 82.68

During the past 4 years, Enjet Co's highest Days Inventory was 127.15. The lowest was 52.70. And the median was 81.38.

XKRX:419080's Days Inventory is ranked better than
61.54% of 2408 companies
in the Hardware industry
Industry Median: 102.415 vs XKRX:419080: 82.68

Enjet Co's Days Inventory increased from Dec. 2022 (68.98) to Dec. 2023 (126.43). It might indicate that Enjet 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. Enjet Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.72.

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. Enjet Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.44.

Enjet Co Days Inventory Historical Data

The historical data trend for Enjet 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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Enjet Co Days Inventory Chart

Enjet Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

127.15

67.77

52.70

94.98

Enjet Co Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial				68.98	64.90	109.96	59.03	126.43

Competitive Comparison of Enjet Co's Days Inventory

For the Computer Hardware subindustry, Enjet 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.

Enjet Co's Days Inventory Distribution in the Hardware Industry

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

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

Enjet Co Days Inventory Calculation

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

Enjet 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
=	( (1369.928	+	925.089)	/	2 )	/	4409.627	*	365
=	1147.5085					/	4409.627	*	365
=	94.98

Enjet 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
=	( (824.07	+	925.089)	/	2 )	/	631.24	*	365 / 4
=	874.5795					/	631.24	*	365 / 4
=	126.43

Enjet Co (XKRX:419080) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	631.24	/	874.5795
	=	0.72

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	874.5795	/	2002.962
	=	0.44

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.

Enjet Co Days Inventory Related Terms

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

Enjet Co (XKRX:419080) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Enjet Co Ltd (XKRX:419080) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.45, Saneop-ro 92beon-gil, Gwonseon-gu, Gyeonggi-do, Suwon-si, KOR, 16643

Website

http://www.enjet.co.kr

Enjet Co Ltd produces and sells nanojet printers/coaters to help develop various industries such as smartphones, displays, semiconductors, glass, camera modules, bio, and materials industries. The firm produces printers, coaters, and other products.

Enjet Co (XKRX:419080) Headlines

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