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Seojeon Electric Machinery Co (XKRX:189860) Days Inventory : 63.28 (As of Jun. 2024)


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What is Seojeon Electric Machinery Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Seojeon Electric Machinery Co's Average Total Inventories for the three months ended in Jun. 2024 was ₩7,284 Mil. Seojeon Electric Machinery Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ₩10,503 Mil. Hence, Seojeon Electric Machinery Co's Days Inventory for the three months ended in Jun. 2024 was 63.28.

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

XKRX:189860' s Days Inventory Range Over the Past 10 Years
Min: 21.3   Med: 28.71   Max: 53.44
Current: 49.41

During the past 11 years, Seojeon Electric Machinery Co's highest Days Inventory was 53.44. The lowest was 21.30. And the median was 28.71.

XKRX:189860's Days Inventory is ranked better than
88.51% of 2906 companies
in the Industrial Products industry
Industry Median: 120.34 vs XKRX:189860: 49.41

Seojeon Electric Machinery Co's Days Inventory increased from Jun. 2023 (60.56) to Jun. 2024 (63.28). It might indicate that Seojeon Electric Machinery Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Seojeon Electric Machinery Co's Inventory Turnover for the three months ended in Jun. 2024 was 1.44.

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. Seojeon Electric Machinery Co's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.76.


Seojeon Electric Machinery Co Days Inventory Historical Data

The historical data trend for Seojeon Electric Machinery 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.

Seojeon Electric Machinery Co Days Inventory Chart

Seojeon Electric Machinery 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 32.89 28.02 25.70 29.40 31.88

Seojeon Electric Machinery Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 60.56 56.46 24.01 70.26 63.28

Competitive Comparison of Seojeon Electric Machinery Co's Days Inventory

For the Electrical Equipment & Parts subindustry, Seojeon Electric Machinery 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.


Seojeon Electric Machinery Co's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Seojeon Electric Machinery Co's Days Inventory falls into.



Seojeon Electric Machinery Co Days Inventory Calculation

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

Seojeon Electric Machinery 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
=( (3685.587 + 2879.804) / 2 ) / 37588.266*365
=3282.6955 / 37588.266*365
=31.88

Seojeon Electric Machinery Co's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (6818.643 + 7748.913) / 2 ) / 10503.09*365 / 4
=7283.778 / 10503.09*365 / 4
=63.28

* 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.


Seojeon Electric Machinery Co  (XKRX:189860) 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.

Seojeon Electric Machinery Co's Inventory Turnover for the three months ended in Jun. 2024 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.

Seojeon Electric Machinery Co's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

* 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.


Seojeon Electric Machinery Co Days Inventory Related Terms

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


Seojeon Electric Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
38-19, Daewol-ro 667beon-gil, Daewol-myeon, Gyeonggi-do, Icheon, KOR, 17401
Seojeon Electric Machinery Co Ltd is engaged in manufacturing switchboards and electric automatic control panels. The switchboard products offered by the entity include eco-friendly switchboard, special high voltage switchboard, low-voltage switchboard. Motor control panel, MCSG, gas insulated switchgear, Seismic switchgear, rectifier and distribution board for the data center. The other products provided by the company are power control system, smart grid system, electric work and insulation degradation prevention device. In addition, the organization also offers electrical work services.

Seojeon Electric Machinery Co Headlines

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