The historical rank and industry rank for SK Innovation Co's Days Inventory or its related term are showing as below:
XKRX:096770'
s Days Inventory Range Over the Past 10 Years
Min: 34.94 Med: 48.2 Max: 60.01
Current: 60.01
During the past 13 years, SK Innovation Co's highest Days Inventory was 60.01. The lowest was 34.94. And the median was 48.20.
XKRX:096770's Days Inventory is ranked worse than 72.13% of 732
companies
in the Oil & Gas industry
Industry Median: 31.94
vs XKRX:096770: 60.01
SK Innovation Co's Days Inventory
declined
from Mar. 2023 (61.05) to Mar. 2024 (58.63).
Inventory Turnover measures how fast the company turns over its inventory within a year.
SK Innovation Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.56.
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.
SK Innovation Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.59.
SK Innovation Co Days Inventory Historical Data
The historical data trend for SK Innovation 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.
Competitive Comparison of SK Innovation Co's Days Inventory
For the Oil & Gas Refining & Marketing subindustry, SK Innovation 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.
SK Innovation Co's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, SK Innovation Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where SK Innovation Co's Days Inventory falls into.
SK Innovation Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
SK Innovation Co's Days Inventory for the fiscal year that ended in Dec. 2023 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.
SK Innovation Co (XKRX:096770) 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.
SK Innovation 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.
SK Innovation 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.
SK Innovation Co Days Inventory Related Terms
Thank you for viewing the detailed overview of SK Innovation Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
SK Innovation Co (XKRX:096770) Business Description
SK Innovation Co Ltd is a global energy and chemical company. It operates in petroleum production, refining, chemicals, and lubricants. Operations are divided into four segments: Petroleum, Petrochemicals, Lubricants, and Others. The Petroleum segment provides majority of the revenue for the group. SK engages in exploration and production activities around the world. Petroleum products like gasoline, diesel, and asphalt are produced at its refineries in Korea. The business has a network of gas stations with a paid membership service. Additional subsidiaries under the Petroleum segment provide customized service information for freight truck business operators and a website for enterprise customers of SK Energy.
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