ADM Korea (XKRX:187660) Days Inventory : 39.71 (As of Dec. 2023)

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What is ADM Korea Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ADM Korea's Average Total Inventories for the three months ended in Dec. 2023 was ₩1,058 Mil. ADM Korea's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩2,431 Mil. Hence, ADM Korea's Days Inventory for the three months ended in Dec. 2023 was 39.71.

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

XKRX:187660' s Days Inventory Range Over the Past 10 Years
Min: 2.96 Med: 8.64 Max: 27.73
Current: 27.73

During the past 6 years, ADM Korea's highest Days Inventory was 27.73. The lowest was 2.96. And the median was 8.64.

XKRX:187660's Days Inventory is ranked better than
55.53% of 470 companies
in the Healthcare Providers & Services industry
Industry Median: 32.575 vs XKRX:187660: 27.73

ADM Korea's Days Inventory increased from Dec. 2022 (12.15) to Dec. 2023 (39.71). It might indicate that ADM Korea's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. ADM Korea's Inventory Turnover for the three months ended in Dec. 2023 was 2.30.

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. ADM Korea's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.39.

ADM Korea Days Inventory Historical Data

The historical data trend for ADM Korea'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.

ADM Korea Days Inventory Chart

ADM Korea Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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2.96

6.76

10.52

27.02

ADM Korea Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial										12.15	17.85	25.40	30.89	39.71

Competitive Comparison of ADM Korea's Days Inventory

For the Medical Care Facilities subindustry, ADM Korea'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.

ADM Korea's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, ADM Korea's Days Inventory distribution charts can be found below:

* The bar in red indicates where ADM Korea's Days Inventory falls into.

ADM Korea Days Inventory Calculation

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

ADM Korea'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
=	( (402.481	+	1162.854)	/	2 )	/	10573.693	*	365
=	782.6675					/	10573.693	*	365
=	27.02

ADM Korea'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
=	( (952.717	+	1162.854)	/	2 )	/	2430.55	*	365 / 4
=	1057.7855					/	2430.55	*	365 / 4
=	39.71

ADM Korea (XKRX:187660) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2430.55	/	1057.7855
	=	2.30

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1057.7855	/	2746.517
	=	0.39

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.

ADM Korea Days Inventory Related Terms

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

ADM Korea (XKRX:187660) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » ADM Korea Inc (XKRX:187660) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.711, 19, Saemunanro5gil, Jongro-gu, Seoul, KOR, 03173

Website

http://www.admkorea.co.kr

ADM Korea Inc is a clinical service provider. Its services include clinical operations, project management, regulatory affairs, data management, statistical analysis, quality assurance and audit, product development, pharmacovigilance and others.

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