DeviceENG Co (XKRX:187870) Days Inventory : 157.74 (As of Mar. 2024)

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What is DeviceENG Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). DeviceENG Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩10,918 Mil. DeviceENG Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩6,316 Mil. Hence, DeviceENG Co's Days Inventory for the three months ended in Mar. 2024 was 157.74.

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

XKRX:187870' s Days Inventory Range Over the Past 10 Years
Min: 73.43 Med: 127.87 Max: 198.69
Current: 147.11

During the past 8 years, DeviceENG Co's highest Days Inventory was 198.69. The lowest was 73.43. And the median was 127.87.

XKRX:187870's Days Inventory is ranked worse than
59.28% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs XKRX:187870: 147.11

DeviceENG Co's Days Inventory increased from Mar. 2023 (155.05) to Mar. 2024 (157.74). It might indicate that DeviceENG Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. DeviceENG Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.58.

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. DeviceENG Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.37.

DeviceENG Co Days Inventory Historical Data

The historical data trend for DeviceENG 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.

DeviceENG Co Days Inventory Chart

DeviceENG Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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198.69

154.19

131.56

124.18

104.12

DeviceENG Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															155.05	175.04	187.95	86.25	157.74

Competitive Comparison of DeviceENG Co's Days Inventory

For the Semiconductor Equipment & Materials subindustry, DeviceENG 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.

DeviceENG Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, DeviceENG Co's Days Inventory distribution charts can be found below:

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

DeviceENG Co Days Inventory Calculation

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

DeviceENG 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
=	( (14805.797	+	10917.684)	/	2 )	/	45088.333	*	365
=	12861.7405					/	45088.333	*	365
=	104.12

DeviceENG Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (10917.684	+	0)	/	1 )	/	6315.538	*	365 / 4
=	10917.684					/	6315.538	*	365 / 4
=	157.74

DeviceENG Co (XKRX:187870) 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.

DeviceENG Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6315.538	/	10917.684
	=	0.58

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.

DeviceENG Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10917.684	/	7965.159
	=	1.37

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.

DeviceENG Co Days Inventory Related Terms

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

DeviceENG Co (XKRX:187870) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » DeviceENG Co Ltd (XKRX:187870) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

169, Eumbong-myeon, Chungcheongnam-do, Asan, KOR, 336-864

Website

http://www.deviceeng.co.kr

DeviceENG Co Ltd is a Korean company engaged in the business of manufacturing and selling automatic control system of high value-added Semiconductor (Auto FOUP Cleaner,POD Cleaner, Wet Station),Display(Mask Cleaner, PFC Cleaner, Spin Coeter), Material Parts(Filter, Film) to domestic and overseas Semiconductor and LCD manufacturers.

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