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H&S Hightech (XKRX:044990) Days Inventory : 89.77 (As of Dec. 2023)


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What is H&S Hightech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). H&S Hightech's Average Total Inventories for the six months ended in Dec. 2023 was ₩11,133 Mil. H&S Hightech's Cost of Goods Sold for the six months ended in Dec. 2023 was ₩45,266 Mil. Hence, H&S Hightech's Days Inventory for the six months ended in Dec. 2023 was 44.88.

The historical rank and industry rank for H&S Hightech's Days Inventory or its related term are showing as below:

XKRX:044990' s Days Inventory Range Over the Past 10 Years
Min: 62.25   Med: 78.1   Max: 112.68
Current: 89.77

During the past 10 years, H&S Hightech's highest Days Inventory was 112.68. The lowest was 62.25. And the median was 78.10.

XKRX:044990's Days Inventory is ranked better than
57.29% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs XKRX:044990: 89.77

H&S Hightech's Days Inventory increased from Dec. 2021 (78.08) to Dec. 2023 (89.77). It might indicate that H&S Hightech's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. H&S Hightech's Inventory Turnover for the six months ended in Dec. 2023 was 4.07.

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. H&S Hightech's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.14.


H&S Hightech Days Inventory Historical Data

The historical data trend for H&S Hightech'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.

H&S Hightech Days Inventory Chart

H&S Hightech 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 112.68 87.39 78.08 72.71 89.77

H&S Hightech Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.68 87.39 78.08 72.71 89.77

Competitive Comparison of H&S Hightech's Days Inventory

For the Electronic Components subindustry, H&S Hightech'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.


H&S Hightech's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, H&S Hightech's Days Inventory distribution charts can be found below:

* The bar in red indicates where H&S Hightech's Days Inventory falls into.



H&S Hightech Days Inventory Calculation

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

H&S Hightech'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
=( (11667.247 + 10598.345) / 2 ) / 45265.656*365
=11132.796 / 45265.656*365
=89.77

H&S Hightech'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: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (11667.247 + 10598.345) / 2 ) / 45265.656*365 / 2
=11132.796 / 45265.656*365 / 2
=44.88

* 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.


H&S Hightech  (XKRX:044990) 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.

H&S Hightech's Inventory Turnover for the six months ended in Dec. 2023 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.

H&S Hightech's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=11132.796 / 80551.938
=0.14

* 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.


H&S Hightech Days Inventory Related Terms

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


H&S Hightech (XKRX:044990) Business Description

Traded in Other Exchanges
N/A
Address
62-7, Techno 1-ro, Yuseong-gu, Daejeon, KOR, 34014
H&S Hightech Corp is a venture corporation. The company develops, manufactures and markets telecommunication component products.

H&S Hightech (XKRX:044990) Headlines

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