DT&CRO Co (XKRX:383930) Days Inventory : 9.78 (As of Mar. 2024)

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What is DT&CRO Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). DT&CRO Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩949 Mil. DT&CRO Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩8,860 Mil. Hence, DT&CRO Co's Days Inventory for the three months ended in Mar. 2024 was 9.78.

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

XKRX:383930' s Days Inventory Range Over the Past 10 Years
Min: 8.65 Med: 9.21 Max: 10.96
Current: 10.96

During the past 4 years, DT&CRO Co's highest Days Inventory was 10.96. The lowest was 8.65. And the median was 9.21.

XKRX:383930's Days Inventory is ranked better than
96.48% of 654 companies
in the Biotechnology industry
Industry Median: 192.63 vs XKRX:383930: 10.96

DT&CRO Co's Days Inventory declined from Mar. 2023 (10.55) to Mar. 2024 (9.78).

Inventory Turnover measures how fast the company turns over its inventory within a year. DT&CRO Co's Inventory Turnover for the three months ended in Mar. 2024 was 9.33.

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. DT&CRO Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.14.

DT&CRO Co Days Inventory Historical Data

The historical data trend for DT&CRO 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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DT&CRO Co Days Inventory Chart

DT&CRO Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

9.47

8.94

8.65

10.10

DT&CRO Co Quarterly Data
	Jun21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial					10.55	10.49	12.66	12.35	9.78

Competitive Comparison of DT&CRO Co's Days Inventory

For the Biotechnology subindustry, DT&CRO 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.

DT&CRO Co's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, DT&CRO Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where DT&CRO Co's Days Inventory falls into.

DT&CRO Co Days Inventory Calculation

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

DT&CRO 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
=	( (894.044	+	949.208)	/	2 )	/	33301.429	*	365
=	921.626					/	33301.429	*	365
=	10.10

DT&CRO Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (949.208	+	0)	/	1 )	/	8860.22	*	365 / 4
=	949.208					/	8860.22	*	365 / 4
=	9.78

DT&CRO Co (XKRX:383930) 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.

DT&CRO Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8860.22	/	949.208
	=	9.33

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.

DT&CRO Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	949.208	/	6579.29
	=	0.14

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.

DT&CRO Co Days Inventory Related Terms

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

DT&CRO Co (XKRX:383930) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » DT&CRO Co Ltd (XKRX:383930) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

28, Baengnyeong-ro 20beon-gil, 2nd, 3rd, 4th floor, Na-dong, Cheoin-gu, Gyeonggi-do (Yubang-dong), Yongin-si, KOR, 17042

Website

http://www.dtncro.com

DT&CRO Co Ltd conducts a series of consigned research, from non-clinical GLP toxicity, PK, and efficacy tests required for licensing of pharmaceuticals, chemicals, health functional foods, cosmetics and medical devices, to analysis, bioactivity, clinical trials, and licensing consulting. provided as a service.

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