In the real world, it is almost impossible to make a voltage divider with 24bit resolution. So all the DAC makers have to convert 24bit audio into lower bits(6bits to 1bits), this step requires oversampling the original audio. It is a lot easier to oversample a 192KHz/24bit audio than a 44.1K/24bit audio, and the ringing is much less after oversampling the 192KHz/24bit audio.