SM Culturentents Co (XKRX:048550) Days Inventory : 2.26 (As of Dec. 2023)

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What is SM Culturentents Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SM Culturentents Co's Average Total Inventories for the three months ended in Dec. 2023 was ₩641 Mil. SM Culturentents Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩25,873 Mil. Hence, SM Culturentents Co's Days Inventory for the three months ended in Dec. 2023 was 2.26.

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

XKRX:048550' s Days Inventory Range Over the Past 10 Years
Min: 1.13 Med: 1.57 Max: 2.99
Current: 2.99

During the past 13 years, SM Culturentents Co's highest Days Inventory was 2.99. The lowest was 1.13. And the median was 1.57.

XKRX:048550's Days Inventory is ranked better than
88.01% of 667 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs XKRX:048550: 2.99

SM Culturentents Co's Days Inventory increased from Dec. 2022 (1.58) to Dec. 2023 (2.26). It might indicate that SM Culturentents Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SM Culturentents Co's Inventory Turnover for the three months ended in Dec. 2023 was 40.35.

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. SM Culturentents Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.

SM Culturentents Co Days Inventory Historical Data

The historical data trend for SM Culturentents 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.

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SM Culturentents Co Days Inventory Chart

SM Culturentents Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1.13

1.57

2.80

SM Culturentents 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															1.58	4.43	3.35	2.79	2.26

Competitive Comparison of SM Culturentents Co's Days Inventory

For the Leisure subindustry, SM Culturentents 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.

SM Culturentents Co's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SM Culturentents Co's Days Inventory distribution charts can be found below:

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

SM Culturentents Co Days Inventory Calculation

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

SM Culturentents 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
=	( (638.215	+	596.943)	/	2 )	/	80370.606	*	365
=	617.579					/	80370.606	*	365
=	2.80

SM Culturentents 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
=	( (685.32	+	596.943)	/	2 )	/	25872.673	*	365 / 4
=	641.1315					/	25872.673	*	365 / 4
=	2.26

SM Culturentents Co (XKRX:048550) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	25872.673	/	641.1315
	=	40.35

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	641.1315	/	42639.096
	=	0.02

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.

SM Culturentents Co Days Inventory Related Terms

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

SM Culturentents Co (XKRX:048550) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SM Culture & Contents Co Ltd (XKRX:048550) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Samsung-ro 648 Handsome Building, Gangnam-gu, Seoul, KOR

Website

http://www.btnikorea.co.kr

SM Culture & Contents Co Ltd is a Korea based company engaged in planning and developing global visual contents. It also provides differentiated profit model and business through systematic and systemized global actor MC management. The organization is involved in the business of Advertising, Management, Travel and MICE, and Production business. In the Advertising business, the company provides a comprehensive platform for marketing that performs business across lifestyle such as SELPH management, broadcast/entertainment content, mobile, travel, and distribution, as well as advertising business for corporate and brand communication companies.

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