ITCEN Co (XKRX:124500) Days Inventory : 19.17 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is ITCEN Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ITCEN Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩177,986 Mil. ITCEN Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩847,269 Mil. Hence, ITCEN Co's Days Inventory for the three months ended in Dec. 2023 was 19.17.

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

XKRX:124500' s Days Inventory Range Over the Past 10 Years
Min: 8.93 Med: 17.72 Max: 28.61
Current: 22.92

During the past 11 years, ITCEN Co's highest Days Inventory was 28.61. The lowest was 8.93. And the median was 17.72.

XKRX:124500's Days Inventory is ranked worse than
53.07% of 1564 companies
in the Software industry
Industry Median: 19.675 vs XKRX:124500: 22.92

ITCEN Co's Days Inventory declined from Dec. 2022 (19.18) to Dec. 2023 (19.17).

Inventory Turnover measures how fast the company turns over its inventory within a year. ITCEN Co's Inventory Turnover for the three months ended in Dec. 2023 was 4.76.

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. ITCEN Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.20.

ITCEN Co Days Inventory Historical Data

The historical data trend for ITCEN 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.

ITCEN Co Days Inventory Chart

ITCEN Co Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

10.66

8.93

12.38

21.02

19.58

ITCEN Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															19.18	24.76	25.60	27.25	19.17

Competitive Comparison of ITCEN Co's Days Inventory

For the Information Technology Services subindustry, ITCEN 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.

ITCEN Co's Days Inventory Distribution in the Software Industry

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

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

ITCEN Co Days Inventory Calculation

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

ITCEN 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
=	( (135082.85	+	149212.994)	/	2 )	/	2649260.03	*	365
=	142147.922					/	2649260.03	*	365
=	19.58

ITCEN 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
=	( (206759.393	+	149212.994)	/	2 )	/	847269.075	*	365 / 4
=	177986.1935					/	847269.075	*	365 / 4
=	19.17

ITCEN Co (XKRX:124500) 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.

ITCEN Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	847269.075	/	177986.1935
	=	4.76

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.

ITCEN Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	177986.1935	/	904959.173
	=	0.20

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.

ITCEN Co Days Inventory Related Terms

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

ITCEN Co (XKRX:124500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ITCEN Co Ltd (XKRX:124500) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

13, Banpo-daero, Seocho-gu, Seoul, KOR, 137867

Website

http://www.itcensys.co.kr

ITCEN Co Ltd is engaged in Information technology sector. The company provides information systems design and development, information technology infrastructure and services. It also offers Information communication and technology services (ICT) from planning to development, building and further operation of the information system.

ITCEN Co (XKRX:124500) Headlines

No Headlines