Dongkuk Steel Mill Co (XKRX:460860) Days Inventory : 59.12 (As of Dec. 2024)

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

What is Dongkuk Steel Mill Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dongkuk Steel Mill Co's Average Total Inventories for the three months ended in Dec. 2024 was ₩502,637 Mil. Dongkuk Steel Mill Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩775,834 Mil. Hence, Dongkuk Steel Mill Co's Days Inventory for the three months ended in Dec. 2024 was 59.12.

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

XKRX:460860' s Days Inventory Range Over the Past 10 Years
Min: 61.78 Med: 80.51 Max: 98.06
Current: 61.78

During the past 2 years, Dongkuk Steel Mill Co's highest Days Inventory was 98.06. The lowest was 61.78. And the median was 80.51.

XKRX:460860's Days Inventory is ranked better than
67.12% of 584 companies
in the Steel industry
Industry Median: 87.115 vs XKRX:460860: 61.78

Dongkuk Steel Mill Co's Days Inventory increased from Dec. 2023 (56.94) to Dec. 2024 (59.12). It might indicate that Dongkuk Steel Mill 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. Dongkuk Steel Mill Co's Inventory Turnover for the three months ended in Dec. 2024 was 1.54.

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. Dongkuk Steel Mill Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.61.

Dongkuk Steel Mill Co Days Inventory Historical Data

The historical data trend for Dongkuk Steel Mill 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.

Dongkuk Steel Mill Co Days Inventory Chart

Dongkuk Steel Mill Co Annual Data

Trend

Dec23

Dec24

Days Inventory

98.06

62.96

Dongkuk Steel Mill Co Quarterly Data
	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial			56.94	67.42	59.65	59.56	59.12

Competitive Comparison of Dongkuk Steel Mill Co's Days Inventory

For the Steel subindustry, Dongkuk Steel Mill 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.

Dongkuk Steel Mill Co's Days Inventory Distribution in the Steel Industry

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

* The bar in red indicates where Dongkuk Steel Mill Co's Days Inventory falls into.

Save Embed

;

Save Embed

;

Dongkuk Steel Mill Co Days Inventory Calculation

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

Dongkuk Steel Mill Co's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (598596.052	+	501271.08)	/	2 )	/	3188056.705	*	365
=	549933.566					/	3188056.705	*	365
=	62.96

Dongkuk Steel Mill Co's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (504003.444	+	501271.08)	/	2 )	/	775834.161	*	365 / 4
=	502637.262					/	775834.161	*	365 / 4
=	59.12

Dongkuk Steel Mill Co (XKRX:460860) 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.

Dongkuk Steel Mill Co's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	775834.161	/	502637.262
	=	1.54

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.

Dongkuk Steel Mill Co's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	502637.262	/	821547.572
	=	0.61

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.

Dongkuk Steel Mill Co Days Inventory Related Terms

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

Dongkuk Steel Mill Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Dongkuk Steel Mill Co Ltd (XKRX:460860) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

19 Eulji-ro 5-gil, Ferrum Tower, Jung-gu, Seoul, KOR

Website

https://www.dongkuksteel.com

Dongkuk Steel Mill Co Ltd is a Korean steel company that manufactures steel products. It produces high-strength and ultra-high-strength reinforcing bars of various standards. It offers H-beams, angles, Reinforcing Bars, Seismic-Resistant Bars, channels, Threaded Bars, and steel plates.

Dongkuk Steel Mill Co Headlines

No Headlines