TFE Co (XKRX:425420) Days Inventory : 40.25 (As of Dec. 2023)

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What is TFE Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TFE Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩7,306 Mil. TFE Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩16,565 Mil. Hence, TFE Co's Days Inventory for the three months ended in Dec. 2023 was 40.25.

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

XKRX:425420' s Days Inventory Range Over the Past 10 Years
Min: 29.21 Med: 33.95 Max: 44.54
Current: 44.54

During the past 3 years, TFE Co's highest Days Inventory was 44.54. The lowest was 29.21. And the median was 33.95.

XKRX:425420's Days Inventory is ranked better than
86.09% of 942 companies
in the Semiconductors industry
Industry Median: 129.735 vs XKRX:425420: 44.54

TFE Co's Days Inventory increased from Dec. 2022 (39.81) to Dec. 2023 (40.25). It might indicate that TFE 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. TFE Co's Inventory Turnover for the three months ended in Dec. 2023 was 2.27.

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. TFE Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.30.

TFE Co Days Inventory Historical Data

The historical data trend for TFE 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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TFE Co Days Inventory Chart

TFE Co Annual Data

Trend

Dec20

Dec21

Dec22

Days Inventory

33.95

29.21

41.05

TFE Co Quarterly Data
	Mar21	Jun21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial					39.81	59.26	41.62	52.07	40.25

Competitive Comparison of TFE Co's Days Inventory

For the Semiconductors subindustry, TFE 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.

TFE Co's Days Inventory Distribution in the Semiconductors Industry

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

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

TFE Co Days Inventory Calculation

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

TFE Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (4291.215	+	5303.915)	/	2 )	/	42660.97	*	365
=	4797.565					/	42660.97	*	365
=	41.05

TFE 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
=	( (9643.393	+	4969.344)	/	2 )	/	16565.426	*	365 / 4
=	7306.3685					/	16565.426	*	365 / 4
=	40.25

TFE Co (XKRX:425420) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16565.426	/	7306.3685
	=	2.27

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7306.3685	/	24669.196
	=	0.30

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.

TFE Co Days Inventory Related Terms

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

TFE Co (XKRX:425420) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » TFE Co Ltd (XKRX:425420) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

50-8, Banwol-gil, Gyeonggi-do, Hwaseoung-si, KOR, 18384

Website

http://www.tfe.co.kr

TFE Co Ltd Is engaged in the manufacturing of semiconductor IC testing equipment. It is committed to providing the finest quality with great responsibility as a key player in the nation's semiconductor industry.

TFE Co (XKRX:425420) Headlines

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