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Asicland Co (XKRX:445090) Days Inventory : 6.60 (As of Jun. 2024)


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What is Asicland Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asicland Co's Average Total Inventories for the six months ended in Jun. 2024 was ₩1,026 Mil. Asicland Co's Cost of Goods Sold for the six months ended in Jun. 2024 was ₩28,352 Mil. Hence, Asicland Co's Days Inventory for the six months ended in Jun. 2024 was 6.60.

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

XKRX:445090' s Days Inventory Range Over the Past 10 Years
Min: 7.75   Med: 35.02   Max: 43.99
Current: 7.75

During the past 2 years, Asicland Co's highest Days Inventory was 43.99. The lowest was 7.75. And the median was 35.02.

XKRX:445090's Days Inventory is ranked better than
98.11% of 953 companies
in the Semiconductors industry
Industry Median: 122.88 vs XKRX:445090: 7.75

Asicland Co's Days Inventory declined from Jun. 2023 (14.31) to Jun. 2024 (6.60).

Inventory Turnover measures how fast the company turns over its inventory within a year. Asicland Co's Inventory Turnover for the six months ended in Jun. 2024 was 27.64.

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. Asicland Co's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.03.


Asicland Co Days Inventory Historical Data

The historical data trend for Asicland 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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Asicland Co Days Inventory Chart

Asicland Co Annual Data
Trend Dec21 Dec22
Days Inventory
43.99 26.05

Asicland Co Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Days Inventory - 17.29 14.31 7.89 6.60

Competitive Comparison of Asicland Co's Days Inventory

For the Semiconductors subindustry, Asicland 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.


Asicland Co's Days Inventory Distribution in the Semiconductors Industry

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

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



Asicland Co Days Inventory Calculation

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

Asicland 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
=( (4482.434 + 2795.91) / 2 ) / 50999.108*365
=3639.172 / 50999.108*365
=26.05

Asicland Co's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (951.611 + 1099.675) / 2 ) / 28352.066*365 / 2
=1025.643 / 28352.066*365 / 2
=6.60

* 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.


Asicland Co  (XKRX:445090) 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.

Asicland Co's Inventory Turnover for the six months ended in Jun. 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.

Asicland Co's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

* 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.


Asicland Co Days Inventory Related Terms

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


Asicland Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
309, 60, Daehak-ro, Yeongtong-gu, Suwon-si, Gyeonggi-do, KOR
Asicland Co Ltd is engaged in custom semiconductor design service and system-on-chip product development.

Asicland Co Headlines

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