Cbi Co (XKRX:013720) Days Inventory : 75.95 (As of Dec. 2023)

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What is Cbi Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cbi Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩4,554 Mil. Cbi Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩5,471 Mil. Hence, Cbi Co's Days Inventory for the three months ended in Dec. 2023 was 75.95.

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

XKRX:013720' s Days Inventory Range Over the Past 10 Years
Min: 49.66 Med: 75.74 Max: 111.64
Current: 81.38

During the past 13 years, Cbi Co's highest Days Inventory was 111.64. The lowest was 49.66. And the median was 75.74.

XKRX:013720's Days Inventory is ranked worse than
50.16% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 81.03 vs XKRX:013720: 81.38

Cbi Co's Days Inventory declined from Dec. 2022 (77.03) to Dec. 2023 (75.95).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cbi Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.20.

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. Cbi Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.62.

Cbi Co Days Inventory Historical Data

The historical data trend for Cbi 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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Cbi Co Days Inventory Chart

Cbi Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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97.07

111.64

82.10

71.59

77.45

Cbi Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															77.03	70.97	91.32	95.43	75.95

Competitive Comparison of Cbi Co's Days Inventory

For the Auto Parts subindustry, Cbi 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.

Cbi Co's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cbi Co's Days Inventory distribution charts can be found below:

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

Cbi Co Days Inventory Calculation

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

Cbi 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
=	( (5495.066	+	4338.501)	/	2 )	/	23171.23	*	365
=	4916.7835					/	23171.23	*	365
=	77.45

Cbi Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (4769.236	+	4338.501)	/	2 )	/	5471.46	*	365 / 4
=	4553.8685					/	5471.46	*	365 / 4
=	75.95

Cbi Co (XKRX:013720) 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.

Cbi Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5471.46	/	4553.8685
	=	1.20

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.

Cbi Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4553.8685	/	7349.343
	=	0.62

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.

Cbi Co Days Inventory Related Terms

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

Cbi Co (XKRX:013720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cbi Co Ltd (XKRX:013720) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

208 Namdong-daero, Namdong-gu, Incheon, KOR, 405-817

Website

http://www.cheongbo.co.kr

Cbi Co Ltd manufactures parts and accessories for motor vehicles. The factories are located in Incheon and Gimpo.

Cbi Co (XKRX:013720) Headlines

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