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Omnisystem Co (XKRX:057540) Days Inventory : 73.84 (As of Dec. 2023)


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What is Omnisystem Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Omnisystem Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩15,636 Mil. Omnisystem Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩19,323 Mil. Hence, Omnisystem Co's Days Inventory for the three months ended in Dec. 2023 was 73.84.

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

XKRX:057540' s Days Inventory Range Over the Past 10 Years
Min: 58.96   Med: 71.18   Max: 89.88
Current: 78.7

During the past 13 years, Omnisystem Co's highest Days Inventory was 89.88. The lowest was 58.96. And the median was 71.18.

XKRX:057540's Days Inventory is ranked better than
74.14% of 2908 companies
in the Industrial Products industry
Industry Median: 120.82 vs XKRX:057540: 78.70

Omnisystem Co's Days Inventory declined from Dec. 2022 (78.99) to Dec. 2023 (73.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. Omnisystem Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.24.

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


Omnisystem Co Days Inventory Historical Data

The historical data trend for Omnisystem 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.

Omnisystem Co Days Inventory Chart

Omnisystem Co 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 60.85 62.60 88.12 89.88 82.79

Omnisystem 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 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 78.99 84.64 69.09 85.14 73.84

Competitive Comparison of Omnisystem Co's Days Inventory

For the Electrical Equipment & Parts subindustry, Omnisystem 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.


Omnisystem Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Omnisystem Co's Days Inventory distribution charts can be found below:

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



Omnisystem Co Days Inventory Calculation

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

Omnisystem 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
=( (17363.716 + 15570.37) / 2 ) / 72596.714*365
=16467.043 / 72596.714*365
=82.79

Omnisystem 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
=( (15700.762 + 15570.37) / 2 ) / 19323.268*365 / 4
=15635.566 / 19323.268*365 / 4
=73.84

* 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.


Omnisystem Co  (XKRX:057540) 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.

Omnisystem Co's Inventory Turnover for the three 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=15635.566 / 25021.674
=0.62

* 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.


Omnisystem Co Days Inventory Related Terms

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


Omnisystem Co (XKRX:057540) Business Description

Traded in Other Exchanges
N/A
Address
413-14, Samseung-Ri, Ganam-Myeon, Yeoju, Gyeonggi, KOR, 469-882
Omnisystem Co Ltd is a South Korean company operating in the electronic component industry. The company is engaged in the manufacturing of products like digital meter, water meter device, remote meter reading management, and three phase electronic watt hour meter.

Omnisystem Co (XKRX:057540) Headlines

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