GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Onward Holdings Co Ltd (OTCPK:OKASY) » Definitions » Days Inventory

Onward Holdings Co (Onward Holdings Co) Days Inventory : 160.72 (As of Nov. 2023)


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

What is Onward Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Onward Holdings Co's Average Total Inventories for the three months ended in Nov. 2023 was $257 Mil. Onward Holdings Co's Cost of Goods Sold for the three months ended in Nov. 2023 was $146 Mil. Hence, Onward Holdings Co's Days Inventory for the three months ended in Nov. 2023 was 160.72.

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

OKASY' s Days Inventory Range Over the Past 10 Years
Min: 101.21   Med: 124.05   Max: 154.92
Current: 154.92

During the past 13 years, Onward Holdings Co's highest Days Inventory was 154.92. The lowest was 101.21. And the median was 124.05.

OKASY's Days Inventory is ranked worse than
58.19% of 1014 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.52 vs OKASY: 154.92

Onward Holdings Co's Days Inventory increased from Nov. 2022 (138.66) to Nov. 2023 (160.72). It might indicate that Onward Holdings Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Onward Holdings Co's Inventory Turnover for the three months ended in Nov. 2023 was 0.57.

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. Onward Holdings Co's Inventory-to-Revenue for the three months ended in Nov. 2023 was 0.76.


Onward Holdings Co Days Inventory Historical Data

The historical data trend for Onward Holdings 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.

Onward Holdings Co Days Inventory Chart

Onward Holdings Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.92 131.41 145.42 141.93 159.98

Onward Holdings Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 129.87 139.80 172.48 160.72 160.00

Competitive Comparison of Onward Holdings Co's Days Inventory

For the Apparel Manufacturing subindustry, Onward Holdings 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.


Onward Holdings Co's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Onward Holdings Co's Days Inventory distribution charts can be found below:

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



Onward Holdings Co Days Inventory Calculation

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

Onward Holdings Co's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

Days Inventory (A: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (230.882 + 260.382) / 2 ) / 560.418*365
=245.632 / 560.418*365
=159.98

Onward Holdings Co's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

Days Inventory (Q: Nov. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Nov. 2023 )) / count ) / Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=( (241.635 + 272.59) / 2 ) / 145.979*365 / 4
=257.1125 / 145.979*365 / 4
=160.72

* 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.


Onward Holdings Co  (OTCPK:OKASY) 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.

Onward Holdings Co's Inventory Turnover for the three months ended in Nov. 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.

Onward Holdings Co's Inventory to Revenue for the three months ended in Nov. 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.


Onward Holdings Co Days Inventory Related Terms

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


Onward Holdings Co (Onward Holdings Co) Business Description

Traded in Other Exchanges
Address
10-5, Nihonbashi 3-chome, Chuo-ku, Tokyo, JPN, 103-8239
Onward Holdings Co Ltd manufactures and sells clothing, shoes, uniforms, bags, and other items. Women's clothing sales account for the majority of Onward's apparel revenue. The company's core brands include Nijyusanku, Kumikyoku, ICB, Jiyuku, J.Press, and Gotairiku. More than three fourths of Onward's sales are through department stores. Remaining sales are through other retailers, directly managed stores, and e-commerce. More than three fourths of Onward's sales are in Japan, and most of the company's remaining sales are in Europe. The company manufactures its products primarily in China.

Onward Holdings Co (Onward Holdings Co) Headlines