VAIV Company (XKRX:301300) Days Inventory : 18.06 (As of Mar. 2024)

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What is VAIV Company Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). VAIV Company's Average Total Inventories for the three months ended in Mar. 2024 was ₩675 Mil. VAIV Company's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩3,411 Mil. Hence, VAIV Company's Days Inventory for the three months ended in Mar. 2024 was 18.06.

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

XKRX:301300' s Days Inventory Range Over the Past 10 Years
Min: 1.5 Med: 12.31 Max: 48.85
Current: 5.44

During the past 7 years, VAIV Company's highest Days Inventory was 48.85. The lowest was 1.50. And the median was 12.31.

XKRX:301300's Days Inventory is ranked better than
69.89% of 1561 companies
in the Software industry
Industry Median: 18.99 vs XKRX:301300: 5.44

VAIV Company's Days Inventory increased from Mar. 2023 (0.82) to Mar. 2024 (18.06). It might indicate that VAIV Company's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. VAIV Company's Inventory Turnover for the three months ended in Mar. 2024 was 5.05.

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. VAIV Company's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.12.

VAIV Company Days Inventory Historical Data

The historical data trend for VAIV Company'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.

VAIV Company Days Inventory Chart

VAIV Company Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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48.85

20.31

3.67

1.50

7.61

VAIV Company Quarterly Data
	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												0.82	1.27	0.70	6.19	18.06

Competitive Comparison of VAIV Company's Days Inventory

For the Software - Application subindustry, VAIV Company'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.

VAIV Company's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where VAIV Company's Days Inventory falls into.

VAIV Company Days Inventory Calculation

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

VAIV Company'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
=	( (24.431	+	881.243)	/	2 )	/	21722.151	*	365
=	452.837					/	21722.151	*	365
=	7.61

VAIV Company'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
=	( (881.243	+	469.024)	/	2 )	/	3410.703	*	365 / 4
=	675.1335					/	3410.703	*	365 / 4
=	18.06

VAIV Company (XKRX:301300) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3410.703	/	675.1335
	=	5.05

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	675.1335	/	5510.694
	=	0.12

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.

VAIV Company Days Inventory Related Terms

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

VAIV Company (XKRX:301300) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VAIV Company Inc (XKRX:301300) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

97, Dokseodang-ro, Yongsan-gu, Seoul, KOR

Website

http://www.vaiv.kr

VAIV Company Inc is an artificial intelligence innovation technology company that provides customized services and subscription services based on SOFIA (Sofia), the only artificial intelligence and big data technology platform in Korea. The company plans to strengthen the business capabilities of Some Trend, a big data analysis platform, and to preempt the new business, digital twin and customer-specific IPA market, to prepare future growth engines as a representative artificial intelligence company.

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