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Dreamtech Co (XKRX:192650) Days Inventory : 44.21 (As of Dec. 2023)


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What is Dreamtech Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dreamtech Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩105,425 Mil. Dreamtech Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩217,600 Mil. Hence, Dreamtech Co's Days Inventory for the three months ended in Dec. 2023 was 44.21.

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

XKRX:192650' s Days Inventory Range Over the Past 10 Years
Min: 32.17   Med: 38.11   Max: 57.5
Current: 50.35

During the past 13 years, Dreamtech Co's highest Days Inventory was 57.50. The lowest was 32.17. And the median was 38.11.

XKRX:192650's Days Inventory is ranked better than
81.72% of 2407 companies
in the Hardware industry
Industry Median: 102.45 vs XKRX:192650: 50.35

Dreamtech Co's Days Inventory declined from Dec. 2022 (59.40) to Dec. 2023 (44.21).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dreamtech Co's Inventory Turnover for the three months ended in Dec. 2023 was 2.06.

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. Dreamtech Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.43.


Dreamtech Co Days Inventory Historical Data

The historical data trend for Dreamtech 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.

Dreamtech Co Days Inventory Chart

Dreamtech Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.67 32.17 46.95 53.53 57.50

Dreamtech 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 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 59.40 49.84 60.79 41.62 44.21

Competitive Comparison of Dreamtech Co's Days Inventory

For the Electronic Components subindustry, Dreamtech 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.


Dreamtech Co's Days Inventory Distribution in the Hardware Industry

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

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



Dreamtech Co Days Inventory Calculation

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

Dreamtech 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
=( (174866.898 + 112986.354) / 2 ) / 913662.972*365
=143926.626 / 913662.972*365
=57.50

Dreamtech 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
=( (97863.31 + 112986.354) / 2 ) / 217599.994*365 / 4
=105424.832 / 217599.994*365 / 4
=44.21

* 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.


Dreamtech Co  (XKRX:192650) 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.

Dreamtech 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=105424.832 / 248038.465
=0.43

* 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.


Dreamtech Co Days Inventory Related Terms

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


Dreamtech Co (XKRX:192650) Business Description

Traded in Other Exchanges
N/A
Address
3rd & 4th Floor, Uniquest Building, 314 Hwangsaeul-ro, Bundang, Seongnam, Gyeonggi, KOR, 463-824
Dreamtech Co Ltd is engaged in the development and production of mobile phone modules. It provides customized solutions for OLED display modules, fingerprint sensor modules, automotive LED modules, IT convergence, sensor packages and medical devices.

Dreamtech Co (XKRX:192650) Headlines

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