J2KBio Co (XKRX:420570) Days Inventory : 54.57 (As of Mar. 2024)

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What is J2KBio Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). J2KBio Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩2,846 Mil. J2KBio Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩4,760 Mil. Hence, J2KBio Co's Days Inventory for the three months ended in Mar. 2024 was 54.57.

The historical rank and industry rank for J2KBio Co's Days Inventory or its related term are showing as below:

XKRX:420570' s Days Inventory Range Over the Past 10 Years
Min: 31.65 Med: 48.11 Max: 103.98
Current: 103.98

During the past 5 years, J2KBio Co's highest Days Inventory was 103.98. The lowest was 31.65. And the median was 48.11.

XKRX:420570's Days Inventory is ranked worse than
63.92% of 1491 companies
in the Chemicals industry
Industry Median: 81.73 vs XKRX:420570: 103.98

J2KBio Co's Days Inventory increased from Dec. 2022 (0.00) to Mar. 2024 (54.57). It might indicate that J2KBio 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. J2KBio Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.67.

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. J2KBio Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.36.

J2KBio Co Days Inventory Historical Data

The historical data trend for J2KBio 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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J2KBio Co Days Inventory Chart

J2KBio Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

31.65

33.42

48.11

72.54

56.42

J2KBio Co Quarterly Data
	Dec22	Mar23	Jun23	Dec23	Mar24
Days Inventory	-	63.82	43.13	-	54.57

Competitive Comparison of J2KBio Co's Days Inventory

For the Specialty Chemicals subindustry, J2KBio 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.

J2KBio Co's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, J2KBio Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where J2KBio Co's Days Inventory falls into.

J2KBio Co Days Inventory Calculation

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

J2KBio 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
=	( (2302.08	+	2944.045)	/	2 )	/	16969.881	*	365
=	2623.0625					/	16969.881	*	365
=	56.42

J2KBio 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
=	( (2944.045	+	2748.567)	/	2 )	/	4759.869	*	365 / 4
=	2846.306					/	4759.869	*	365 / 4
=	54.57

J2KBio Co (XKRX:420570) 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.

J2KBio Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4759.869	/	2846.306
	=	1.67

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.

J2KBio Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2846.306	/	7808.835
	=	0.36

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.

J2KBio Co Days Inventory Related Terms

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J2KBio Co (XKRX:420570) Business Description

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