Dreamus Co (XKRX:060570) Days Inventory : 31.68 (As of Dec. 2023)

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What is Dreamus Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dreamus Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩17,365 Mil. Dreamus Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩50,020 Mil. Hence, Dreamus Co's Days Inventory for the three months ended in Dec. 2023 was 31.68.

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

XKRX:060570' s Days Inventory Range Over the Past 10 Years
Min: 11.85 Med: 41.69 Max: 155.92
Current: 26.35

During the past 13 years, Dreamus Co's highest Days Inventory was 155.92. The lowest was 11.85. And the median was 41.69.

XKRX:060570's Days Inventory is ranked worse than
50.3% of 656 companies
in the Media - Diversified industry
Industry Median: 25.75 vs XKRX:060570: 26.35

Dreamus Co's Days Inventory increased from Dec. 2022 (20.86) to Dec. 2023 (31.68). It might indicate that Dreamus Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dreamus Co's Inventory Turnover for the three months ended in Dec. 2023 was 2.88.

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. Dreamus Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.28.

Dreamus Co Days Inventory Historical Data

The historical data trend for Dreamus 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.

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Dreamus Co Days Inventory Chart

Dreamus Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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25.88

11.85

12.15

17.93

28.91

Dreamus Co 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															20.86	23.43	25.72	22.66	31.68

Competitive Comparison of Dreamus Co's Days Inventory

For the Entertainment subindustry, Dreamus 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.

Dreamus Co's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dreamus Co's Days Inventory distribution charts can be found below:

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

Dreamus Co Days Inventory Calculation

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

Dreamus 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
=	( (13483.141	+	20287.888)	/	2 )	/	213194.57	*	365
=	16885.5145					/	213194.57	*	365
=	28.91

Dreamus Co'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
=	( (14441.857	+	20287.888)	/	2 )	/	50020.267	*	365 / 4
=	17364.8725					/	50020.267	*	365 / 4
=	31.68

Dreamus Co (XKRX:060570) 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.

Dreamus Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	50020.267	/	17364.8725
	=	2.88

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.

Dreamus Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	17364.8725	/	62078.325
	=	0.28

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.

Dreamus Co Days Inventory Related Terms

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

Dreamus Co (XKRX:060570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Dreamus Co (XKRX:060570) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

18, Bangbae-dong, Seocho-gu, Seoul, KOR, 06664

Website

http://www.dreamuscompany.com

Dreamus Co, formerly Iriver Ltd is a Korea based company engaged in the manufacturing of various digital gadgets such as MP3 players. Its product offerings include CD player, digital voice recorder, e-book, electronic dictionary, smart devices, Bluetooth speakers, charger, earphones, among others.

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