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MegaStudyEdu Co (XKRX:215200) Days Inventory : 21.66 (As of Mar. 2024)


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What is MegaStudyEdu Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MegaStudyEdu Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩27,203 Mil. MegaStudyEdu Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩114,576 Mil. Hence, MegaStudyEdu Co's Days Inventory for the three months ended in Mar. 2024 was 21.66.

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

XKRX:215200' s Days Inventory Range Over the Past 10 Years
Min: 3.61   Med: 9.58   Max: 22.14
Current: 20.67

During the past 9 years, MegaStudyEdu Co's highest Days Inventory was 22.14. The lowest was 3.61. And the median was 9.58.

XKRX:215200's Days Inventory is ranked worse than
70.7% of 157 companies
in the Education industry
Industry Median: 8.13 vs XKRX:215200: 20.67

MegaStudyEdu Co's Days Inventory increased from Mar. 2023 (17.52) to Mar. 2024 (21.66). It might indicate that MegaStudyEdu Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. MegaStudyEdu Co's Inventory Turnover for the three months ended in Mar. 2024 was 4.21.

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. MegaStudyEdu Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.11.


MegaStudyEdu Co Days Inventory Historical Data

The historical data trend for MegaStudyEdu 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.

MegaStudyEdu Co Days Inventory Chart

MegaStudyEdu Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 9.58 14.55 13.81 18.19 22.14

MegaStudyEdu Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.52 20.03 19.02 25.70 21.66

Competitive Comparison of MegaStudyEdu Co's Days Inventory

For the Education & Training Services subindustry, MegaStudyEdu 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.


MegaStudyEdu Co's Days Inventory Distribution in the Education Industry

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

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



MegaStudyEdu Co Days Inventory Calculation

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

MegaStudyEdu 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
=( (22318.836 + 27202.743) / 2 ) / 408137.261*365
=24760.7895 / 408137.261*365
=22.14

MegaStudyEdu 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
=( (27202.743 + 0) / 1 ) / 114575.857*365 / 4
=27202.743 / 114575.857*365 / 4
=21.66

* 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.


MegaStudyEdu Co  (XKRX:215200) 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.

MegaStudyEdu Co's Inventory Turnover for the three months ended in Mar. 2024 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=27202.743 / 249389.767
=0.11

* 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.


MegaStudyEdu Co Days Inventory Related Terms

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


MegaStudyEdu Co (XKRX:215200) Business Description

Traded in Other Exchanges
N/A
Address
321 Dukwon Building, Seocho-gu, Hyoryeong, Seoul, KOR, 137-070
MegaStudyEdu Co Ltd is a Korean company that operates in the education sector. The company operates online education institute, provides educational information and consulting for entrance examination, and offline school direct business.

MegaStudyEdu Co (XKRX:215200) Headlines

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