Mobiis Co (XKRX:250060) Days Inventory : 28.08 (As of Mar. 2024)

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What is Mobiis Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mobiis Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩1,182 Mil. Mobiis Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩3,840 Mil. Hence, Mobiis Co's Days Inventory for the three months ended in Mar. 2024 was 28.08.

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

XKRX:250060' s Days Inventory Range Over the Past 10 Years
Min: 0.64 Med: 5.24 Max: 19.53
Current: 19.53

During the past 8 years, Mobiis Co's highest Days Inventory was 19.53. The lowest was 0.64. And the median was 5.24.

XKRX:250060's Days Inventory is ranked worse than
50.1% of 1561 companies
in the Software industry
Industry Median: 19.5 vs XKRX:250060: 19.53

Mobiis Co's Days Inventory increased from Mar. 2023 (11.22) to Mar. 2024 (28.08). It might indicate that Mobiis Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mobiis Co's Inventory Turnover for the three months ended in Mar. 2024 was 3.25.

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. Mobiis Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.33.

Mobiis Co Days Inventory Historical Data

The historical data trend for Mobiis 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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Mobiis Co Days Inventory Chart

Mobiis Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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0.64

2.30

6.95

8.09

19.04

Mobiis 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															11.22	21.17	24.92	24.33	28.08

Competitive Comparison of Mobiis Co's Days Inventory

For the Information Technology Services subindustry, Mobiis 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.

Mobiis Co's Days Inventory Distribution in the Software Industry

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

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

Mobiis Co Days Inventory Calculation

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

Mobiis 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
=	( (422.291	+	1181.734)	/	2 )	/	15372.919	*	365
=	802.0125					/	15372.919	*	365
=	19.04

Mobiis 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
=	( (1181.734	+	0)	/	1 )	/	3840.395	*	365 / 4
=	1181.734					/	3840.395	*	365 / 4
=	28.08

Mobiis Co (XKRX:250060) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3840.395	/	1181.734
	=	3.25

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1181.734	/	3590.205
	=	0.33

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.

Mobiis Co Days Inventory Related Terms

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

Mobiis Co (XKRX:250060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mobiis Co Ltd (XKRX:250060) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

82 Uisadang-daero, Yeongdeungpo-gu, Seoul, KOR, 07321

Website

http://www.mobiis.com

Mobiis Co Ltd is engaged in computer programming, system integration and management. It also provides technological equipment and engineering services.

Mobiis Co (XKRX:250060) Headlines

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