Days Inventory is also known as Days Sales of Inventory (DSI). Taisei's Average Total Inventories for the
three
months ended in Dec. 2023 was $1,929 Mil. Taisei's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $2,636 Mil.
Hence, Taisei's Days Inventory for the
three
months ended in Dec. 2023 was 66.78.
The historical rank and industry rank for Taisei's Days Inventory or its related term are showing as below:
TISCY'
s Days Inventory Range Over the Past 10 Years
Min: 36.53 Med: 45.93 Max: 58.06
Current: 58.06
During the past 13 years, Taisei's highest Days Inventory was 58.06. The lowest was 36.53. And the median was 45.93.
TISCY's Days Inventory is ranked worse than 55.34% of 1395
companies
in the Construction industry
Industry Median: 48.33
vs TISCY: 58.06
Taisei's Days Inventory
increased
from Dec. 2022 (56.22) to Dec. 2023 (66.78).
It might indicate that Taisei's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Taisei's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.37.
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.
Taisei's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.68.
Taisei Days Inventory Historical Data
The historical data trend for Taisei'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.
Taisei Annual Data
Trend
Mar14
Mar15
Mar16
Mar17
Mar18
Mar19
Mar20
Mar21
Mar22
Mar23
Days Inventory
37.39
36.92
49.04
48.26
48.00
Taisei Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
56.22
39.99
65.66
63.83
66.78
Competitive Comparison
For the Engineering & Construction subindustry, Taisei'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.
Taisei Days Inventory Distribution
For the Construction industry and Industrials sector, Taisei's Days Inventory distribution charts can be found below:
* The bar in red indicates where Taisei's Days Inventory falls into.
Taisei Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Taisei'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.
Taisei (OTCPK:TISCY) 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.
Taisei'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.
Taisei'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.
Taisei Days Inventory Related Terms
Thank you for viewing the detailed overview of Taisei's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Taisei Corp provides civil engineering and building development services in many different areas. It enters contracts to develop and enhance urbanization in designated regions. The company has four operating segments: civil engineering (majority of total revenue), building construction, real estate development, and other. It participates in all phases of project development, including planning, design, construction, and aftermarket services. Multiple projects are conducted simultaneously as the company showcases its expansive network and technical know-how. Taisei's projects range from traffic infrastructure and tunnels to airport facilities and high-rise building offices. Customers in Japan account for majority of total sales.
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