Days Inventory is also known as Days Sales of Inventory (DSI). Citizen Watch Co's Average Total Inventories for the
three
months ended in Dec. 2023 was $831 Mil. Citizen Watch Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $329 Mil.
Hence, Citizen Watch Co's Days Inventory for the
three
months ended in Dec. 2023 was 230.25.
The historical rank and industry rank for Citizen Watch Co's Days Inventory or its related term are showing as below:
CHCLY'
s Days Inventory Range Over the Past 10 Years
Min: 141.09 Med: 169.26 Max: 248.24
Current: 235.77
During the past 13 years, Citizen Watch Co's highest Days Inventory was 248.24. The lowest was 141.09. And the median was 169.26.
CHCLY's Days Inventory is ranked worse than 86.44% of 450
companies
in the Conglomerates industry
Industry Median: 72.1
vs CHCLY: 235.77
Citizen Watch Co's Days Inventory
increased
from Dec. 2022 (203.91) to Dec. 2023 (230.25).
It might indicate that Citizen Watch Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Citizen Watch Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.40.
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.
Citizen Watch Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.39.
Citizen Watch Co Days Inventory Historical Data
The historical data trend for Citizen Watch 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.
Competitive Comparison of Citizen Watch Co's Days Inventory
For the Conglomerates subindustry, Citizen Watch 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.
Citizen Watch Co's Days Inventory Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Citizen Watch Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Citizen Watch Co's Days Inventory falls into.
Citizen Watch Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Citizen Watch Co's Days Inventory for the fiscal year that ended in Mar. 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.
Citizen Watch Co (OTCPK:CHCLY) 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.
Citizen Watch 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.
Citizen Watch Co'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.
Citizen Watch Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Citizen Watch Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Citizen Watch Co (Citizen Watch Co) Business Description
Citizen Watch Co Ltd primarily manufactures watches, machine tools, devices, and electronic products that it sells worldwide. Its watches and clocks segment contributes more than half of the company's revenue and includes brands such as Citizen, Bulova, xC, Q&Q, and Attesa. Machine Tools, which consists mostly of automatic lathes, and Devices, which consists largely of auto parts, switches, Chip LEDs, micro LCDs, and quartz crystals, each comprise roughly 15%-20% of total revenue. Electronic Products, which includes printers, health care equipment, and calculators, and Other Products collectively account for the remaining revenue. Japan and Asia (excluding Japan) each account for roughly a third of the company's total sales. Most of the remaining sales are from America and Europe.
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