Days Inventory is also known as Days Sales of Inventory (DSI). Innovex Co's Average Total Inventories for the
six
months ended in Dec. 2023 was ₩1,138 Mil. Innovex Co's Cost of Goods Sold for the
six
months ended in Dec. 2023 was ₩7,849 Mil.
Hence, Innovex Co's Days Inventory for the
six
months ended in Dec. 2023 was 26.45.
The historical rank and industry rank for Innovex Co's Days Inventory or its related term are showing as below:
XKRX:279060'
s Days Inventory Range Over the Past 10 Years
Min: 52.41 Med: 59.59 Max: 93.24
Current: 52.9
During the past 5 years, Innovex Co's highest Days Inventory was 93.24. The lowest was 52.41. And the median was 59.59.
XKRX:279060's Days Inventory is ranked worse than 62.37% of 651
companies
in the Media - Diversified industry
Industry Median: 26.06
vs XKRX:279060: 52.90
Innovex Co's Days Inventory
declined
from Dec. 2021 (93.24) to Dec. 2023 (52.90).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Innovex Co's Inventory Turnover for the
six
months ended in Dec. 2023 was 6.90.
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.
Innovex Co's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.12.
Innovex Co Days Inventory Historical Data
The historical data trend for Innovex 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.
Innovex Co Days Inventory Chart
Innovex Co Annual Data
Trend
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
67.57
52.41
93.24
59.59
52.90
Innovex Co Semi-Annual Data
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
67.57
52.41
93.24
59.59
52.90
Competitive Comparison of Innovex Co's Days Inventory
For the Advertising Agencies subindustry, Innovex 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.
Innovex Co's Days Inventory Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Innovex Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Innovex Co's Days Inventory falls into.
Innovex Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Innovex Co's Days Inventory for the fiscal year that 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.
Innovex Co (XKRX:279060) 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.
Innovex Co's Inventory Turnover for the
six
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.
Innovex Co's Inventory to Revenue for the
six
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.
Innovex Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Innovex Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Innovex Co Ltd is involved in providing technology related solutions for advertising. It provides Tunnel Advertising System which is an imaging system which creates advertisement screens on the dark side of tunnel with LED bars installed on the wall of the tunnel. The company also provides others solutions including Spin TV, Wing TV and DDM.
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