COTS Technology Co (XKRX:448710) Days Inventory : 346.93 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is COTS Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). COTS Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩26,878 Mil. COTS Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩7,070 Mil. Hence, COTS Technology Co's Days Inventory for the three months ended in Mar. 2024 was 346.93.

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

XKRX:448710' s Days Inventory Range Over the Past 10 Years
Min: 175.49 Med: 195.56 Max: 316.2
Current: 316.2

During the past 3 years, COTS Technology Co's highest Days Inventory was 316.20. The lowest was 175.49. And the median was 195.56.

XKRX:448710's Days Inventory is ranked worse than
92.24% of 2410 companies
in the Hardware industry
Industry Median: 101.695 vs XKRX:448710: 316.20

COTS Technology Co's Days Inventory increased from Dec. 2022 (161.51) to Mar. 2024 (346.93). It might indicate that COTS Technology 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. COTS Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.26.

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. COTS Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.94.

COTS Technology Co Days Inventory Historical Data

The historical data trend for COTS Technology 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.

COTS Technology Co Days Inventory Chart

COTS Technology Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

195.56

175.49

212.65

COTS Technology Co Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial			161.51	355.39	229.66	180.47	346.93

Competitive Comparison of COTS Technology Co's Days Inventory

For the Computer Hardware subindustry, COTS Technology 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.

COTS Technology Co's Days Inventory Distribution in the Hardware Industry

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

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

COTS Technology Co Days Inventory Calculation

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

COTS Technology 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
=	( (20233.802	+	24075.297)	/	2 )	/	38026.663	*	365
=	22154.5495					/	38026.663	*	365
=	212.65

COTS Technology 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
=	( (24075.297	+	29681.659)	/	2 )	/	7069.692	*	365 / 4
=	26878.478					/	7069.692	*	365 / 4
=	346.93

COTS Technology Co (XKRX:448710) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7069.692	/	26878.478
	=	0.26

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	26878.478	/	9136.948
	=	2.94

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.

COTS Technology Co Days Inventory Related Terms

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

COTS Technology Co (XKRX:448710) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » COTS Technology Co Ltd (XKRX:448710) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

C-702,744, Pangyo-ro, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR

Website

https://www.cotstech.com

COTS Technology Co Ltd is a company that develops/produces Single Board Computers and Displays. The company Provides embedded integrated solutions optimized for user environments such as the defense industry and civil sector. It offers variety of products such as Single Board Computers , Rugged LCD Display and FPGA Accelerator.

COTS Technology Co (XKRX:448710) Headlines

No Headlines