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GRAVITY Co (GRAVITY Co) Days Inventory : 0.00 (As of Sep. 2023)


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What is GRAVITY Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GRAVITY Co's Average Total Inventories for the three months ended in Sep. 2023 was $0.0 Mil. GRAVITY Co's Cost of Goods Sold for the three months ended in Sep. 2023 was $88.3 Mil. Hence, GRAVITY Co's Days Inventory for the three months ended in Sep. 2023 was 0.00.

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

GRVY's Days Inventory is not ranked *
in the Interactive Media industry.
Industry Median: 17.6
* Ranked among companies with meaningful Days Inventory only.

GRAVITY Co's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. GRAVITY Co's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.


GRAVITY Co Days Inventory Historical Data

The historical data trend for GRAVITY 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.

* Premium members only.

GRAVITY Co Days Inventory Chart

GRAVITY Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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GRAVITY Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of GRAVITY Co's Days Inventory

For the Electronic Gaming & Multimedia subindustry, GRAVITY 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.


GRAVITY Co's Days Inventory Distribution in the Interactive Media Industry

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

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



GRAVITY Co Days Inventory Calculation

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

GRAVITY 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
=( (0 + 0) / 1 ) / 371.788*365
=0 / 371.788*365
=0.00

GRAVITY Co's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 88.315*365 / 4
=0 / 88.315*365 / 4
=0.00

* 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.


GRAVITY Co  (NAS:GRVY) 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.

GRAVITY Co's Inventory Turnover for the three months ended in Sep. 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.

GRAVITY Co's Inventory to Revenue for the three months ended in Sep. 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.


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.


GRAVITY Co Days Inventory Related Terms

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


GRAVITY Co (GRAVITY Co) Business Description

Traded in Other Exchanges
Address
15th Floor, 396 World Cup buk-ro, Mapo-gu, Seoul, KOR, 03925
GRAVITY Co Ltd is an online and mobile games developer and publisher based in Korea. Its principal product, Ragnarok Online, is an online game which is available in more than 91 markets. Its games include Ragnarok Online, Requiem, Dragonica (Dragon Saga), Ragnarok Online II, Requiem Online, and R.O.S.E. Online. The company generates revenue from online games, mobile games and other sources including character based merchandise and animation.