We present a two-component supernova remnant model for the case of Magellanic remnant DEM L316 obtained from two-dimensional, axisymmetric hydrodynamic simulations. We study different scenarios which consider a possible collision between the shells and also the effects of thermal conduction. Synthetic X-ray maps were obtained from numerical results in order to directly compare with the observed morphology of this object. We find a good agreement is achieved when thermal conduction is included, reproducing both the observed morphology and the total X-ray luminosity very well. Finally, our results suggest that the two components of DEM L316 are not in physical interaction.