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Hanssak Co (XKRX:430690) Days Inventory : 20.09 (As of Dec. 2023)


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What is Hanssak Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hanssak Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩1,734 Mil. Hanssak Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩7,876 Mil. Hence, Hanssak Co's Days Inventory for the three months ended in Dec. 2023 was 20.09.

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

XKRX:430690' s Days Inventory Range Over the Past 10 Years
Min: 14.87   Med: 27.52   Max: 66.65
Current: 66.65

During the past 4 years, Hanssak Co's highest Days Inventory was 66.65. The lowest was 14.87. And the median was 27.52.

XKRX:430690's Days Inventory is ranked worse than
72.34% of 1562 companies
in the Software industry
Industry Median: 19.44 vs XKRX:430690: 66.65

Hanssak Co's Days Inventory increased from . 20 (0.00) to Dec. 2023 (20.09). It might indicate that Hanssak 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. Hanssak Co's Inventory Turnover for the three months ended in Dec. 2023 was 4.54.

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. Hanssak Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.14.


Hanssak Co Days Inventory Historical Data

The historical data trend for Hanssak 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.

Hanssak Co Days Inventory Chart

Hanssak Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
14.87 20.20 34.84 42.92

Hanssak Co Quarterly Data
Sep22 Dec22 Sep23 Dec23
Days Inventory - 30.19 95.66 20.09

Competitive Comparison of Hanssak Co's Days Inventory

For the Software - Infrastructure subindustry, Hanssak 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.


Hanssak Co's Days Inventory Distribution in the Software Industry

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

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



Hanssak Co Days Inventory Calculation

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

Hanssak 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
=( (1881.365 + 1385.458) / 2 ) / 13889.504*365
=1633.4115 / 13889.504*365
=42.92

Hanssak Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2083.532 + 1385.458) / 2 ) / 7876.259*365 / 4
=1734.495 / 7876.259*365 / 4
=20.09

* 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.


Hanssak Co  (XKRX:430690) 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.

Hanssak Co's Inventory Turnover for the three 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.

Hanssak Co's Inventory to Revenue for the three 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.


Hanssak Co Days Inventory Related Terms

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


Hanssak Co (XKRX:430690) Business Description

Traded in Other Exchanges
N/A
Address
Room 401, 27, Digital-ro 34-gil, Guro-gu, Daeryung Post Tower No.3, Seoul, KOR
Hanssak Co Ltd is an IT security company whose main business is application software development and supply. Their portfolio of products include manganese data transmission solution, password management solution, secure electronic fax solution, smart billing solution, and integrated control system.

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