Days Inventory is also known as Days Sales of Inventory (DSI). Tokyo Gas Co's Average Total Inventories for the
three
months ended in Dec. 2023 was $1,260 Mil. Tokyo Gas Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $3,704 Mil.
Hence, Tokyo Gas Co's Days Inventory for the
three
months ended in Dec. 2023 was 31.04.
The historical rank and industry rank for Tokyo Gas Co's Days Inventory or its related term are showing as below:
TKGSF'
s Days Inventory Range Over the Past 10 Years
Min: 14.75 Med: 18.81 Max: 27.89
Current: 27.89
During the past 13 years, Tokyo Gas Co's highest Days Inventory was 27.89. The lowest was 14.75. And the median was 18.81.
TKGSF's Days Inventory is ranked worse than 58.28% of 465
companies
in the Utilities - Regulated industry
Industry Median: 22.67
vs TKGSF: 27.89
Tokyo Gas Co's Days Inventory
increased
from Dec. 2022 (19.74) to Dec. 2023 (31.04).
It might indicate that Tokyo Gas Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Tokyo Gas Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.94.
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.
Tokyo Gas Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.29.
Tokyo Gas Co Days Inventory Historical Data
The historical data trend for Tokyo Gas 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 Tokyo Gas Co's Days Inventory
For the Utilities - Regulated Gas subindustry, Tokyo Gas 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.
Tokyo Gas Co's Days Inventory Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Tokyo Gas Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Tokyo Gas Co's Days Inventory falls into.
Tokyo Gas Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Tokyo Gas 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.
Tokyo Gas Co (OTCPK:TKGSF) 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.
Tokyo Gas 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.
Tokyo Gas 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.
Tokyo Gas Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Tokyo Gas Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Tokyo Gas Co Ltd is a Japanese utility company involved in the production, generation, and supply of natural gas and electricity. Tokyo Gas segments its operations into Gas, Electric Power, Overseas, and Other business units. The company's Gas division generates the vast majority of its total revenue through the supply and sale of natural gas to, namely, the Tokyo metropolitan area and other Japanese urban areas. Tokyo Gas' supply of natural gas is fairly evenly distributed amongst residential, commercial, industrial, and power generation customers. The company's Electric Power business also represents a significant income stream. This division operates a portfolio of cogeneration and natural gas-fired thermal power plants primarily located in the Tokyo area.
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