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Igloo (XKRX:067920) Days Inventory : 2.71 (As of Dec. 2023)


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What is Igloo Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Igloo's Average Total Inventories for the three months ended in Dec. 2023 was ₩329 Mil. Igloo's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩11,066 Mil. Hence, Igloo's Days Inventory for the three months ended in Dec. 2023 was 2.71.

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

XKRX:067920' s Days Inventory Range Over the Past 10 Years
Min: 0.57   Med: 3.99   Max: 17.52
Current: 14.04

During the past 13 years, Igloo's highest Days Inventory was 17.52. The lowest was 0.57. And the median was 3.99.

XKRX:067920's Days Inventory is ranked better than
62.94% of 680 companies
in the Business Services industry
Industry Median: 29.47 vs XKRX:067920: 14.04

Igloo's Days Inventory declined from Dec. 2022 (4.72) to Dec. 2023 (2.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. Igloo's Inventory Turnover for the three months ended in Dec. 2023 was 33.65.

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. Igloo's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.


Igloo Days Inventory Historical Data

The historical data trend for Igloo'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.

Igloo Days Inventory Chart

Igloo 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 2.44 0.82 6.91 5.54 0.57

Igloo 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 4.72 - - - 2.71

Competitive Comparison of Igloo's Days Inventory

For the Security & Protection Services subindustry, Igloo'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.


Igloo's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Igloo's Days Inventory distribution charts can be found below:

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



Igloo Days Inventory Calculation

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

Igloo'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
=( (17.2 + 0) / 1 ) / 11065.882*365
=17.2 / 11065.882*365
=0.57

Igloo'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
=( (328.872 + 0) / 1 ) / 11065.882*365 / 4
=328.872 / 11065.882*365 / 4
=2.71

* 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.


Igloo  (XKRX:067920) 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.

Igloo'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.

Igloo'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.


Igloo Days Inventory Related Terms

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


Igloo (XKRX:067920) Business Description

Traded in Other Exchanges
N/A
Address
7, Jeongui-ro 8-gil, 6th Floor, Songpa-gu, Seoul, KOR, 135-090
Igloo Corp is an information security company. It develops and offers various security solutions and services in diverse areas from network to endpoint. The company offered solutions including Spider TM, LIGER-1, Escort, KiMO, WEBMON and Smart(Guard). In addition, the organization also provides services such as managed security, security consulting, IGLOO school and SOC planning. The company's business areas are Solution business which comprises next-generation enterprise security management solution, physical security information management and security solution retails; Enterprise security management business which includes dispatched security management and training, remote control security management and managing security operation centers; and Security consulting business.

Igloo (XKRX:067920) Headlines

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