Sungwoo Hitech Co (XKRX:015750) Days Inventory : 54.84 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Sungwoo Hitech Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sungwoo Hitech Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩599,798 Mil. Sungwoo Hitech Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩998,061 Mil. Hence, Sungwoo Hitech Co's Days Inventory for the three months ended in Dec. 2023 was 54.84.

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

XKRX:015750' s Days Inventory Range Over the Past 10 Years
Min: 40.4 Med: 49.13 Max: 56.49
Current: 56.49

During the past 13 years, Sungwoo Hitech Co's highest Days Inventory was 56.49. The lowest was 40.40. And the median was 49.13.

XKRX:015750's Days Inventory is ranked better than
70.38% of 1256 companies
in the Vehicles & Parts industry
Industry Median: 81.03 vs XKRX:015750: 56.49

Sungwoo Hitech Co's Days Inventory increased from Dec. 2022 (51.90) to Dec. 2023 (54.84). It might indicate that Sungwoo Hitech Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sungwoo Hitech Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.66.

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. Sungwoo Hitech Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.51.

Sungwoo Hitech Co Days Inventory Historical Data

The historical data trend for Sungwoo Hitech 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.

Sungwoo Hitech Co Days Inventory Chart

Sungwoo Hitech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

51.13

55.19

51.02

51.35

55.74

Sungwoo Hitech 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															51.90	54.88	56.54	60.78	54.84

Competitive Comparison of Sungwoo Hitech Co's Days Inventory

For the Auto Parts subindustry, Sungwoo Hitech 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.

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

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

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

Sungwoo Hitech Co Days Inventory Calculation

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

Sungwoo Hitech 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
=	( (566358.331	+	599720.652)	/	2 )	/	3817969.083	*	365
=	583039.4915					/	3817969.083	*	365
=	55.74

Sungwoo Hitech 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
=	( (599875.226	+	599720.652)	/	2 )	/	998060.91	*	365 / 4
=	599797.939					/	998060.91	*	365 / 4
=	54.84

Sungwoo Hitech Co (XKRX:015750) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	998060.91	/	599797.939
	=	1.66

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	599797.939	/	1183111.643
	=	0.51

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.

Sungwoo Hitech Co Days Inventory Related Terms

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

Sungwoo Hitech Co (XKRX:015750) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sungwoo Hitech Co Ltd (XKRX:015750) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

2-9, Nonggong-gil, Jeonggwan-myeon, Gijang-gun, Busan, KOR, 619-731

Website

http://www.swhitech.com

Sungwoo Hitech Co Ltd is a Korea based company engaged in the manufacturing, supply, and distribution of automobile parts and components. It offers products such as bumper rails, side members, fender apron completes, center floor completes, hood assemblies, dash completes, floor panel components, package-tray centers, inner lower, side sills, and others. The business activity of the group is primarily functioned through Korea and it also holds branches in the region of China, India, Germany, Russia, Slovakia, the Czech Republic and Uzbekistan.

Sungwoo Hitech Co (XKRX:015750) Headlines

No Headlines