Iron Device (XKRX:464500) Days Inventory : 157.13 (As of Dec. 2024)

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What is Iron Device Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Iron Device's Average Total Inventories for the three months ended in Dec. 2024 was ₩1,207 Mil. Iron Device's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩701 Mil. Hence, Iron Device's Days Inventory for the three months ended in Dec. 2024 was 157.13.

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

XKRX:464500' s Days Inventory Range Over the Past 10 Years
Min: 104.2 Med: 297.89 Max: 570.79
Current: 142.68

During the past 3 years, Iron Device's highest Days Inventory was 570.79. The lowest was 104.20. And the median was 297.89.

XKRX:464500's Days Inventory is ranked worse than
59.42% of 966 companies
in the Semiconductors industry
Industry Median: 119.285 vs XKRX:464500: 142.68

Iron Device's Days Inventory increased from Sep. 2023 (0.00) to Dec. 2024 (157.13). It might indicate that Iron Device'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. Iron Device's Inventory Turnover for the three months ended in Dec. 2024 was 0.58.

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. Iron Device's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.80.

Iron Device Days Inventory Historical Data

The historical data trend for Iron Device'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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Iron Device Days Inventory Chart

Iron Device Annual Data

Trend

Dec22

Dec23

Dec24

Days Inventory

570.79

297.89

104.20

Iron Device Quarterly Data
	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial			-	158.43	104.47	88.83	157.13

Competitive Comparison of Iron Device's Days Inventory

For the Semiconductors subindustry, Iron Device'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.

Iron Device's Days Inventory Distribution in the Semiconductors Industry

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

* The bar in red indicates where Iron Device's Days Inventory falls into.

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Iron Device Days Inventory Calculation

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

Iron Device'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
=	( (2050.866	+	1117.019)	/	2 )	/	5548.348	*	365
=	1583.9425					/	5548.348	*	365
=	104.20

Iron Device'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
=	( (1297.843	+	1117.019)	/	2 )	/	701.188	*	365 / 4
=	1207.431					/	701.188	*	365 / 4
=	157.13

Iron Device (XKRX:464500) 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.

Iron Device's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	701.188	/	1207.431
	=	0.58

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.

Iron Device's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1207.431	/	1506.648
	=	0.80

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.

Iron Device Days Inventory Related Terms

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

Iron Device Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Iron Device Corp (XKRX:464500) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

139 Dosandaero, 14th floor, Sinsa-dong, J Tower, Gangnam-gu, Seoul, KOR

Website

https://www.irondevice.com

Iron Device Corp plans, designs, manufactures, and sells mixed-signal SoC (System-on-Chip) semiconductors. It focuses on low-power, high-performance, high-integration design. The group is a fabless semiconductor company that develops and outsources system semiconductors and software based on original technologies and supplies them to global set manufacturers. Its products are cell phones, smart speakers, smart accessories, smart homes, speaker amplifiers, and smart cars.

Iron Device Headlines

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