GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fanuc Corp (OTCPK:FANUF) » Definitions » Days Inventory

Fanuc (FANUF) Days Inventory : 276.14 (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Fanuc Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fanuc's Average Total Inventories for the three months ended in Dec. 2023 was $2,600 Mil. Fanuc's Cost of Goods Sold for the three months ended in Dec. 2023 was $859 Mil. Hence, Fanuc's Days Inventory for the three months ended in Dec. 2023 was 276.14.

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

FANUF' s Days Inventory Range Over the Past 10 Years
Min: 102.14   Med: 155.73   Max: 259.94
Current: 259.94

During the past 13 years, Fanuc's highest Days Inventory was 259.94. The lowest was 102.14. And the median was 155.73.

FANUF's Days Inventory is ranked worse than
85.55% of 2907 companies
in the Industrial Products industry
Industry Median: 119.85 vs FANUF: 259.94

Fanuc's Days Inventory increased from Dec. 2022 (216.62) to Dec. 2023 (276.14). It might indicate that Fanuc's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fanuc's Inventory Turnover for the three months ended in Dec. 2023 was 0.33.

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. Fanuc's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.89.


Fanuc Days Inventory Historical Data

The historical data trend for Fanuc'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.

Fanuc Days Inventory Chart

Fanuc Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 164.43 161.01 178.91 219.01 265.44

Fanuc Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 222.89 250.97 275.23 276.14 262.93

Competitive Comparison of Fanuc's Days Inventory

For the Specialty Industrial Machinery subindustry, Fanuc'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.


Fanuc's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fanuc's Days Inventory distribution charts can be found below:

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



Fanuc Days Inventory Calculation

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

Fanuc's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (2622.817 + 2419.9) / 2 ) / 3467.059*365
=2521.3585 / 3467.059*365
=265.44

Fanuc'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
=( (2620.237 + 2579.706) / 2 ) / 859.152*365 / 4
=2599.9715 / 859.152*365 / 4
=276.14

* 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.


Fanuc  (OTCPK:FANUF) 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.

Fanuc'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.

Fanuc'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.


Fanuc Days Inventory Related Terms

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


Fanuc (FANUF) Business Description

Traded in Other Exchanges
Address
3580, Shibokusa, Oshino-mura, Minamitsuru-gun, Yamanashi, JPN, 401-0597
Fanuc provides factory automation products, such as industrial robots, computerized numerical control systems, and compact machining centers (Robodrills) globally. The company had its beginnings as part of Fujitsu developing early numerical control systems and now commands the top global market share with its CNC systems and industrial robots.

Fanuc (FANUF) Headlines

From GuruFocus

IVA International Gains 4 in 2nd Quarter

By Sydnee Gatewood Sydnee Gatewood 09-01-2016

Matthews Japan Fund Comments on FANUC

By Holly LaFon Holly LaFon 06-06-2013

Matthews Japan Fund Invests in Tech and Financial Picks

By Margaret Moran Margaret Moran 05-07-2021

First Eagle Global Fund Q1 2015 Commentary

By Vera Yuan Vera Yuan 05-22-2015

First Eagle Investments Comments on FANUC

By Holly LaFon Holly LaFon 07-24-2018

Fanuc Will Continue to Do Well

By Holmes Osborne, CFA Holmes Osborne, CFA 03-07-2017

Daniel Loeb Comments on Fanuc Corp

By Vera Yuan Vera Yuan 02-10-2015

Matthews Japan Fund Comments on Fanuc Corp

By Vera Yuan Vera Yuan 04-29-2015

Matthews Japan Fund Comments on Fanuc Corp

By Vera Yuan Vera Yuan 07-30-2015

Fanuc Stock Is Believed To Be Significantly Overvalued

By GF Value GF Value 04-29-2021