E8ight Co (XKRX:418620) Days Inventory : 549.14 (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is E8ight Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). E8ight Co's Average Total Inventories for the three months ended in Dec. 2024 was ₩666 Mil. E8ight Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ₩111 Mil. Hence, E8ight Co's Days Inventory for the three months ended in Dec. 2024 was 549.14.

The historical rank and industry rank for E8ight Co's Days Inventory or its related term are showing as below:

XKRX:418620' s Days Inventory Range Over the Past 10 Years
Min: 895.64 Med: 965.78 Max: 965.78
Current: 895.64

During the past 5 years, E8ight Co's highest Days Inventory was 965.78. The lowest was 895.64. And the median was 965.78.

XKRX:418620's Days Inventory is ranked worse than
99.06% of 1594 companies
in the Software industry
Industry Median: 20.035 vs XKRX:418620: 895.64

E8ight Co's Days Inventory increased from Dec. 2023 (0.00) to Dec. 2024 (549.14). It might indicate that E8ight Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. E8ight Co's Inventory Turnover for the three months ended in Dec. 2024 was 0.17.

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. E8ight Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.01.

E8ight Co Days Inventory Historical Data

The historical data trend for E8ight 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.

E8ight Co Days Inventory Chart

E8ight Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

965.78

E8ight Co Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial							-	-	1,069.03	946.08	549.14

Competitive Comparison of E8ight Co's Days Inventory

For the Software - Application subindustry, E8ight 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.

E8ight Co's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, E8ight Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where E8ight Co's Days Inventory falls into.

Save Embed

;

Save Embed

;

E8ight Co Days Inventory Calculation

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

E8ight Co's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (289.257	+	752.725)	/	2 )	/	196.899	*	365
=	520.991					/	196.899	*	365
=	965.78

E8ight Co's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (579.795	+	752.725)	/	2 )	/	110.712	*	365 / 4
=	666.26					/	110.712	*	365 / 4
=	549.14

E8ight Co (XKRX:418620) 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.

E8ight Co's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	110.712	/	666.26
	=	0.17

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.

E8ight Co's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	666.26	/	661.929
	=	1.01

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.

E8ight Co Days Inventory Related Terms

Thank you for viewing the detailed overview of E8ight Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

E8ight Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » E8ight Co Ltd (XKRX:418620) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

28th Floor, Lotte World Tower, 300 Olympic-ro, Songpa-gu, Seoul, KOR, 05551

Website

https://www.e8ight.co.kr

E8ight Co Ltd is a company that provides simulation-based digital twin solutions. Digital twin refers to predicting and resolving problems that may occur in reality through simulation using digital twins that replicate objects in the real world in the virtual world.

E8ight Co Headlines

No Headlines