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Poongwon Precision Co (XKRX:371950) Days Inventory : 105.62 (As of Mar. 2024)


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What is Poongwon Precision Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Poongwon Precision Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩15,399 Mil. Poongwon Precision Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩13,304 Mil. Hence, Poongwon Precision Co's Days Inventory for the three months ended in Mar. 2024 was 105.62.

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

XKRX:371950' s Days Inventory Range Over the Past 10 Years
Min: 50.55   Med: 100.32   Max: 115.35
Current: 110.55

During the past 7 years, Poongwon Precision Co's highest Days Inventory was 115.35. The lowest was 50.55. And the median was 100.32.

XKRX:371950's Days Inventory is ranked worse than
54.17% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs XKRX:371950: 110.55

Poongwon Precision Co's Days Inventory increased from Mar. 2023 (99.50) to Mar. 2024 (105.62). It might indicate that Poongwon Precision Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Poongwon Precision Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.86.

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. Poongwon Precision Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.20.


Poongwon Precision Co Days Inventory Historical Data

The historical data trend for Poongwon Precision 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.

Poongwon Precision Co Days Inventory Chart

Poongwon Precision Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 87.04 100.32 102.54 115.35 101.66

Poongwon Precision Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 99.50 118.89 127.96 90.95 105.62

Competitive Comparison of Poongwon Precision Co's Days Inventory

For the Electronic Components subindustry, Poongwon Precision 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.


Poongwon Precision Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Poongwon Precision Co's Days Inventory distribution charts can be found below:

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



Poongwon Precision Co Days Inventory Calculation

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

Poongwon Precision 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
=( (14725.106 + 13728.414) / 2 ) / 51077.33*365
=14226.76 / 51077.33*365
=101.66

Poongwon Precision 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
=( (13728.414 + 17069.635) / 2 ) / 13303.657*365 / 4
=15399.0245 / 13303.657*365 / 4
=105.62

* 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.


Poongwon Precision Co  (XKRX:371950) 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.

Poongwon Precision 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=15399.0245 / 12802.214
=1.20

* 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.


Poongwon Precision Co Days Inventory Related Terms

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


Poongwon Precision Co (XKRX:371950) Business Description

Traded in Other Exchanges
N/A
Address
24, Sandan-ro 35 Beon-gil, Danwon-gu, Gyeonggi-do, Ansan-si, KOR
Poongwon Precision Co Ltd is a display part manufacturer that produces and supplies key materials of the display manufacturing process. Its main products include OMM (Open Metal Mask), which is a vacuum deposition part of OLED display, FFM (Fine Metal Mask), SBM (Stick Bar Mask), and Metal Foil that is used in encapsulation of OLED TV.

Poongwon Precision Co (XKRX:371950) Headlines

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