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Young Poong (XKRX:000670) Days Inventory : 53.87 (As of Mar. 2024)


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What is Young Poong Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Young Poong's Average Total Inventories for the three months ended in Mar. 2024 was ₩442,089 Mil. Young Poong's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩748,854 Mil. Hence, Young Poong's Days Inventory for the three months ended in Mar. 2024 was 53.87.

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

XKRX:000670' s Days Inventory Range Over the Past 10 Years
Min: 44.61   Med: 57.5   Max: 68.2
Current: 55.27

During the past 13 years, Young Poong's highest Days Inventory was 68.20. The lowest was 44.61. And the median was 57.50.

XKRX:000670's Days Inventory is ranked better than
71.71% of 661 companies
in the Metals & Mining industry
Industry Median: 88.64 vs XKRX:000670: 55.27

Young Poong's Days Inventory declined from Mar. 2023 (69.34) to Mar. 2024 (53.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. Young Poong's Inventory Turnover for the three months ended in Mar. 2024 was 1.69.

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. Young Poong's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.60.


Young Poong Days Inventory Historical Data

The historical data trend for Young Poong'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.

Young Poong Days Inventory Chart

Young Poong Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.43 59.23 64.30 59.54 53.19

Young Poong Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.34 55.63 46.68 43.57 53.87

Competitive Comparison of Young Poong's Days Inventory

For the Other Industrial Metals & Mining subindustry, Young Poong'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.


Young Poong's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Young Poong's Days Inventory distribution charts can be found below:

* The bar in red indicates where Young Poong's Days Inventory falls into.



Young Poong Days Inventory Calculation

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

Young Poong'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
=( (661819.948 + 442089.006) / 2 ) / 3787681.166*365
=551954.477 / 3787681.166*365
=53.19

Young Poong'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
=( (442089.006 + 0) / 1 ) / 748853.873*365 / 4
=442089.006 / 748853.873*365 / 4
=53.87

* 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.


Young Poong  (XKRX:000670) 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.

Young Poong's Inventory Turnover for the three months ended in Mar. 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.

Young Poong's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=442089.006 / 741422.366
=0.60

* 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.


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.


Young Poong Days Inventory Related Terms

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


Young Poong (XKRX:000670) Business Description

Traded in Other Exchanges
N/A
Address
542 Gangnam-daero, Gangnamgu, Seoul, KOR, 134-749
Young Poong Corp is a manufacturer and supplier of the zinc and few other non-ferrous metals in Korea. Its products include special high grade (SHG) zinc ingot, zinc alloy for galvanizing, die casting, zinc alloy, sulfuric acid, copper sulfate, silver by-product and indium. The zinc alloy for die casting includes DC1 (die casting), DC2, DC3, and zipper.

Young Poong (XKRX:000670) Headlines

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