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Blitzway Studios Co (XKRX:369370) Days Inventory : 26.41 (As of Mar. 2024)


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What is Blitzway Studios Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Blitzway Studios Co's Average Total Inventories for the three months ended in Mar. 2024 was ₩913 Mil. Blitzway Studios Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩3,155 Mil. Hence, Blitzway Studios Co's Days Inventory for the three months ended in Mar. 2024 was 26.41.

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

XKRX:369370' s Days Inventory Range Over the Past 10 Years
Min: 46.6   Med: 70.04   Max: 89.81
Current: 63.97

During the past 4 years, Blitzway Studios Co's highest Days Inventory was 89.81. The lowest was 46.60. And the median was 70.04.

XKRX:369370's Days Inventory is ranked worse than
68.18% of 682 companies
in the Business Services industry
Industry Median: 29.735 vs XKRX:369370: 63.97

Blitzway Studios Co's Days Inventory declined from Mar. 2023 (209.87) to Mar. 2024 (26.41).

Inventory Turnover measures how fast the company turns over its inventory within a year. Blitzway Studios Co's Inventory Turnover for the three months ended in Mar. 2024 was 3.45.

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. Blitzway Studios Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.20.


Blitzway Studios Co Days Inventory Historical Data

The historical data trend for Blitzway Studios 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.

Blitzway Studios Co Days Inventory Chart

Blitzway Studios Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
89.81 64.39 46.60 75.69

Blitzway Studios Co Quarterly Data
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 209.87 105.40 108.25 26.39 26.41

Competitive Comparison of Blitzway Studios Co's Days Inventory

For the Specialty Business Services subindustry, Blitzway Studios 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.


Blitzway Studios Co's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Blitzway Studios Co's Days Inventory distribution charts can be found below:

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



Blitzway Studios Co Days Inventory Calculation

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

Blitzway Studios 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
=( (2654.6 + 913.144) / 2 ) / 8602.637*365
=1783.872 / 8602.637*365
=75.69

Blitzway Studios 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
=( (913.144 + 0) / 1 ) / 3154.91*365 / 4
=913.144 / 3154.91*365 / 4
=26.41

* 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.


Blitzway Studios Co  (XKRX:369370) 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.

Blitzway Studios 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.

Blitzway Studios Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Blitzway Studios Co Days Inventory Related Terms

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


Blitzway Studios Co (XKRX:369370) Business Description

Traded in Other Exchanges
N/A
Address
638, Gukhoe-daero, Yeongdeungpo-gu, Seoul, KOR, 07245
Blitzway Co Ltd is a designer and manufacturer of high-quality, highly detailed action figures.

Blitzway Studios Co (XKRX:369370) Headlines

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