Dongkuk Steel Mill Co spin off (XKRX:460860) Total Inventories : ₩604,432 Mil (As of Mar. 2024)

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What is Dongkuk Steel Mill Co spin off Total Inventories?

Dongkuk Steel Mill Co spin off's total inventories for the quarter that ended in Mar. 2024 was ₩604,432 Mil. Dongkuk Steel Mill Co spin off's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ₩601,514 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Dongkuk Steel Mill Co spin off's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₩-15,243.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dongkuk Steel Mill Co spin off's Days Inventory for the three months ended in Mar. 2024 was 67.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dongkuk Steel Mill Co spin off's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.35.

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. Dongkuk Steel Mill Co spin off's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.65.

Dongkuk Steel Mill Co spin off Total Inventories Historical Data

The historical data trend for Dongkuk Steel Mill Co spin off's Total Inventories 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.

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Dongkuk Steel Mill Co spin off Total Inventories Chart

Dongkuk Steel Mill Co spin off Annual Data

Trend

Dec23

Total Inventories

598,596.05

Dongkuk Steel Mill Co spin off Quarterly Data
	Jun23	Sep23	Dec23	Mar24
Total Inventories	685,518.48	613,293.90	598,596.05	604,432.42

Dongkuk Steel Mill Co spin off Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Dongkuk Steel Mill Co spin off (XKRX:460860) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Dongkuk Steel Mill Co spin off's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(307159.367	+	0.75 * 388543.889	+	0.5 * 604432.423	-	1656114.411
-	0	-	0)	/	49.55
=	-15,243.81

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

Dongkuk Steel Mill Co spin off's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	601514.2375	/	814072.665	*	365 / 4
	=	67.42

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Dongkuk Steel Mill Co spin off's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	814072.665	/	601514.2375
	=	1.35

4. 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.

Dongkuk Steel Mill Co spin off's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	601514.2375	/	927256.594
	=	0.65

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Dongkuk Steel Mill Co spin off Total Inventories Related Terms

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Dongkuk Steel Mill Co spin off (XKRX:460860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Dongkuk Steel Mill Co Ltd spin off (XKRX:460860) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

19 Eulji-ro 5-gil, Ferrum Tower, Jung-gu, Seoul, KOR

Website

https://www.dongkuk.com

Dongkuk Steel Mill Co Ltd spin off is a Korean steel company that engages in manufacturing steel products. It produces high-strength and ultra-high-strength reinforcing bars of various standards. It offers H-beams, angles, Reinforcing Bar, Seismic Resistant Bar, and channels, Threaded Bar, and steel plates.

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