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Daegu Department Store (XKRX:006370) Days Inventory : 103.77 (As of Dec. 2023)


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What is Daegu Department Store Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Daegu Department Store's Average Total Inventories for the three months ended in Dec. 2023 was ₩7,785 Mil. Daegu Department Store's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩6,845 Mil. Hence, Daegu Department Store's Days Inventory for the three months ended in Dec. 2023 was 103.77.

The historical rank and industry rank for Daegu Department Store's Days Inventory or its related term are showing as below:

XKRX:006370' s Days Inventory Range Over the Past 10 Years
Min: 30.23   Med: 73.18   Max: 93.33
Current: 93.33

During the past 13 years, Daegu Department Store's highest Days Inventory was 93.33. The lowest was 30.23. And the median was 73.18.

XKRX:006370's Days Inventory is ranked better than
57.21% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.775 vs XKRX:006370: 93.33

Daegu Department Store's Days Inventory increased from Dec. 2022 (92.21) to Dec. 2023 (103.77). It might indicate that Daegu Department Store's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Daegu Department Store's Inventory Turnover for the three months ended in Dec. 2023 was 0.88.

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. Daegu Department Store's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.48.


Daegu Department Store Days Inventory Historical Data

The historical data trend for Daegu Department Store'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.

Daegu Department Store Days Inventory Chart

Daegu Department Store Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.94 74.08 87.30 84.63 90.59

Daegu Department Store Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 92.21 85.90 101.60 87.13 103.77

Competitive Comparison of Daegu Department Store's Days Inventory

For the Department Stores subindustry, Daegu Department Store'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.


Daegu Department Store's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Daegu Department Store's Days Inventory distribution charts can be found below:

* The bar in red indicates where Daegu Department Store's Days Inventory falls into.



Daegu Department Store Days Inventory Calculation

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

Daegu Department Store'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
=( (7030.685 + 7574.67) / 2 ) / 29424.997*365
=7302.6775 / 29424.997*365
=90.59

Daegu Department Store's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (7994.755 + 7574.67) / 2 ) / 6845.439*365 / 4
=7784.7125 / 6845.439*365 / 4
=103.77

* 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.


Daegu Department Store  (XKRX:006370) 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.

Daegu Department Store's Inventory Turnover for the three months ended in Dec. 2023 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.

Daegu Department Store's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=7784.7125 / 16142.653
=0.48

* 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.


Daegu Department Store Days Inventory Related Terms

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


Daegu Department Store (XKRX:006370) Business Description

Traded in Other Exchanges
N/A
Address
88 Gongpyeong-ro, Jung-gu, Daegu, KOR, 700-714
Daegu Department Store is a Korea-based company engaged in the business of operating departmental stores.

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