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Jinyoung Co (XKRX:285800) Days Inventory : 73.75 (As of Mar. 2024)


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What is Jinyoung Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jinyoung Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩6,488 Mil. Jinyoung Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩8,028 Mil. Hence, Jinyoung Co's Days Inventory for the three months ended in Mar. 2024 was 73.75.

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

XKRX:285800' s Days Inventory Range Over the Past 10 Years
Min: 25.46   Med: 41.66   Max: 76.12
Current: 76.12

During the past 4 years, Jinyoung Co's highest Days Inventory was 76.12. The lowest was 25.46. And the median was 41.66.

XKRX:285800's Days Inventory is ranked better than
66.5% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.19 vs XKRX:285800: 76.12

Jinyoung Co's Days Inventory increased from Mar. 2023 (70.21) to Mar. 2024 (73.75). It might indicate that Jinyoung Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jinyoung Co's Inventory Turnover for the three months ended in Mar. 2024 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. Jinyoung Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.71.


Jinyoung Co Days Inventory Historical Data

The historical data trend for Jinyoung 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.

Jinyoung Co Days Inventory Chart

Jinyoung Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
39.37 25.46 43.94 75.25

Jinyoung Co Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial 70.21 85.77 81.23 74.58 73.75

Competitive Comparison of Jinyoung Co's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Jinyoung 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.


Jinyoung Co's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Jinyoung Co's Days Inventory distribution charts can be found below:

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



Jinyoung Co Days Inventory Calculation

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

Jinyoung 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
=( (5612.254 + 6499.756) / 2 ) / 29374.464*365
=6056.005 / 29374.464*365
=75.25

Jinyoung 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
=( (6499.756 + 6476.714) / 2 ) / 8027.694*365 / 4
=6488.235 / 8027.694*365 / 4
=73.75

* 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.


Jinyoung Co  (XKRX:285800) 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.

Jinyoung Co's Inventory Turnover for the three months ended in Mar. 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.

Jinyoung Co's Inventory to Revenue for the three months ended in Mar. 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.


Jinyoung Co Days Inventory Related Terms

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


Jinyoung Co (XKRX:285800) Business Description

Traded in Other Exchanges
N/A
Address
129 Majung-ro, Seo-gu, Incheon, KOR
Jinyoung Co Ltd specializing in surface finishing sheet and edge for furniture business activity.

Jinyoung Co (XKRX:285800) Headlines

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