Polaris Office (XKRX:041020) Days Inventory : 89.65 (As of Dec. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Polaris Office Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Polaris Office's Average Total Inventories for the three months ended in Dec. 2024 was ₩62,836 Mil. Polaris Office's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩63,957 Mil. Hence, Polaris Office's Days Inventory for the three months ended in Dec. 2024 was 89.65.

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

XKRX:041020' s Days Inventory Range Over the Past 10 Years
Min: 75.24 Med: 104.25 Max: 133.25
Current: 122.69

During the past 13 years, Polaris Office's highest Days Inventory was 133.25. The lowest was 75.24. And the median was 104.25.

XKRX:041020's Days Inventory is ranked worse than
83.44% of 1588 companies
in the Software industry
Industry Median: 20.475 vs XKRX:041020: 122.69

Polaris Office's Days Inventory increased from Dec. 2023 (65.36) to Dec. 2024 (89.65). It might indicate that Polaris Office's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Polaris Office's Inventory Turnover for the three months ended in Dec. 2024 was 1.02.

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. Polaris Office's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.79.

Polaris Office Days Inventory Historical Data

The historical data trend for Polaris Office'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.

Polaris Office Days Inventory Chart

Polaris Office Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

Get a 7-Day Free Trial

133.25

75.24

Polaris Office Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															65.36	87.84	-	109.56	89.65

Competitive Comparison of Polaris Office's Days Inventory

For the Software - Application subindustry, Polaris Office'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.

Polaris Office's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Polaris Office's Days Inventory distribution charts can be found below:

* The bar in red indicates where Polaris Office's Days Inventory falls into.

Save Embed

;

Save Embed

;

Polaris Office Days Inventory Calculation

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

Polaris Office's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (26099.961	+	59083.616)	/	2 )	/	206626.387	*	365
=	42591.7885					/	206626.387	*	365
=	75.24

Polaris Office's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (66587.739	+	59083.616)	/	2 )	/	63957.295	*	365 / 4
=	62835.6775					/	63957.295	*	365 / 4
=	89.65

Polaris Office (XKRX:041020) 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.

Polaris Office's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	63957.295	/	62835.6775
	=	1.02

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.

Polaris Office's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	62835.6775	/	79652.998
	=	0.79

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.

Polaris Office Days Inventory Related Terms

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

Polaris Office Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Polaris Office Corp (XKRX:041020) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

19, Gasan Digital 1-ro, 19th Floor, 18Cha, Daeryung Techno Town, Geumcheon-gu, Seoul, KOR

Website

https://www.polarisofficecorp.com

Polaris Office Corp is a South Korean company operating in the software application industry. The company develops software like POLARIS OFFICE, POLARIS meeting, POLARIS print, and POLARIS scan.

Polaris Office Headlines

No Headlines