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DASAN Networks (XKRX:039560) Inventory Turnover : 0.99 (As of Sep. 2024)


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What is DASAN Networks Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. DASAN Networks's Cost of Goods Sold for the three months ended in Sep. 2024 was ₩77,156 Mil. DASAN Networks's Average Total Inventories for the quarter that ended in Sep. 2024 was ₩78,257 Mil. DASAN Networks's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DASAN Networks's Days Inventory for the three months ended in Sep. 2024 was 92.55.

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. DASAN Networks's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.72.


DASAN Networks Inventory Turnover Historical Data

The historical data trend for DASAN Networks's Inventory Turnover 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.

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DASAN Networks Inventory Turnover Chart

DASAN Networks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.41 5.74 0.58 1.04 3.22

DASAN Networks Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 1.04 1.01 1.64 0.99

DASAN Networks Inventory Turnover Calculation

DASAN Networks's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=48317.334 / ((10315.583 + 19672.362) / 2 )
=48317.334 / 14993.9725
=3.22

DASAN Networks's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=77156.292 / ((74143.394 + 82370.431) / 2 )
=77156.292 / 78256.9125
=0.99

* 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.


DASAN Networks  (XKRX:039560) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

DASAN Networks's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=78256.9125/77156.292*365 / 4
=92.55

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.

DASAN Networks's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=78256.9125 / 108531.322
=0.72

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


DASAN Networks Inventory Turnover Related Terms

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DASAN Networks Business Description

Traded in Other Exchanges
N/A
Address
Dasan Tower, 49, Daewangpangyo-ro, 644 Beon-gil, Bundang-gu, 10th floor, Seongnam-si, Gyeonggi, KOR, 463-400
DASAN Networks Inc is network solution provider in Korea. It manufactures and markets network communication equipment. The company owns subsidiaries that engage in the examination of car exhaust fumes and semiconductor manufacturing. It offers networking products and solutions to public organizations and telecommunication companies.

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