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Digital Daesung Co (XKRX:068930) Days Inventory : 9.99 (As of Dec. 2023)


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What is Digital Daesung Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Digital Daesung Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩3,130 Mil. Digital Daesung Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩28,590 Mil. Hence, Digital Daesung Co's Days Inventory for the three months ended in Dec. 2023 was 9.99.

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

XKRX:068930' s Days Inventory Range Over the Past 10 Years
Min: 2.15   Med: 6.84   Max: 9.35
Current: 9.35

During the past 13 years, Digital Daesung Co's highest Days Inventory was 9.35. The lowest was 2.15. And the median was 6.84.

XKRX:068930's Days Inventory is ranked worse than
51.92% of 156 companies
in the Education industry
Industry Median: 8.825 vs XKRX:068930: 9.35

Digital Daesung Co's Days Inventory increased from Dec. 2022 (9.08) to Dec. 2023 (9.99). It might indicate that Digital Daesung Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Digital Daesung Co's Inventory Turnover for the three months ended in Dec. 2023 was 9.14.

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. Digital Daesung Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.06.


Digital Daesung Co Days Inventory Historical Data

The historical data trend for Digital Daesung 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.

Digital Daesung Co Days Inventory Chart

Digital Daesung Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.61 3.61 6.47 8.91 8.60

Digital Daesung 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 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 9.08 8.09 9.96 10.18 9.99

Competitive Comparison of Digital Daesung Co's Days Inventory

For the Education & Training Services subindustry, Digital Daesung 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.


Digital Daesung Co's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Digital Daesung Co's Days Inventory distribution charts can be found below:

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



Digital Daesung Co Days Inventory Calculation

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

Digital Daesung 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
=( (2744.65 + 2727.087) / 2 ) / 116096.002*365
=2735.8685 / 116096.002*365
=8.60

Digital Daesung 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
=( (3532.145 + 2727.087) / 2 ) / 28590.102*365 / 4
=3129.616 / 28590.102*365 / 4
=9.99

* 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.


Digital Daesung Co  (XKRX:068930) 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.

Digital Daesung Co'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.

Digital Daesung Co's Inventory to Revenue for the three months ended in Dec. 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.


Digital Daesung Co Days Inventory Related Terms

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


Digital Daesung Co (XKRX:068930) Business Description

Traded in Other Exchanges
N/A
Address
Danwoobilding-dong-dong 6-8 Floor, Seocho-gu, Seoul, KOR, 137-060
Digital Daesung Co Ltd is a South Korea based company engaged in providing online and off-line educational programs to primary and high school students. The company offers college entrance test preparatory courses, testing, e-learning, and college admission advisory services.

Digital Daesung Co (XKRX:068930) Headlines

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