SYLA Technologies Co (SYLA Technologies Co) Days Inventory : 325.06 (As of Jun. 2023)

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What is SYLA Technologies Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SYLA Technologies Co's Average Total Inventories for the six months ended in Jun. 2023 was $87.9 Mil. SYLA Technologies Co's Cost of Goods Sold for the six months ended in Jun. 2023 was $49.4 Mil. Hence, SYLA Technologies Co's Days Inventory for the six months ended in Jun. 2023 was 325.06.

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

SYT' s Days Inventory Range Over the Past 10 Years
Min: 129.66 Med: 145.72 Max: 215.15
Current: 215.15

During the past 3 years, SYLA Technologies Co's highest Days Inventory was 215.15. The lowest was 129.66. And the median was 145.72.

SYT's Days Inventory is ranked worse than
92.14% of 1565 companies
in the Software industry
Industry Median: 19.61 vs SYT: 215.15

SYLA Technologies Co's Days Inventory increased from Jun. 2022 (186.18) to Jun. 2023 (325.06). It might indicate that SYLA Technologies Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. SYLA Technologies Co's Inventory Turnover for the six months ended in Jun. 2023 was 0.56.

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. SYLA Technologies Co's Inventory-to-Revenue for the six months ended in Jun. 2023 was 1.33.

SYLA Technologies Co Days Inventory Historical Data

The historical data trend for SYLA Technologies 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.

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SYLA Technologies Co Days Inventory Chart

SYLA Technologies Co Annual Data

Trend

Dec20

Dec21

Dec22

Days Inventory

145.72

129.66

163.59

SYLA Technologies Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial			148.09	114.11	186.18	149.98	325.06

Competitive Comparison of SYLA Technologies Co's Days Inventory

For the Software - Application subindustry, SYLA Technologies 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.

SYLA Technologies Co's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, SYLA Technologies Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where SYLA Technologies Co's Days Inventory falls into.

SYLA Technologies Co Days Inventory Calculation

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

SYLA Technologies Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (44.641	+	77.954)	/	2 )	/	136.767	*	365
=	61.2975					/	136.767	*	365
=	163.59

SYLA Technologies Co's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (77.954	+	97.885)	/	2 )	/	49.361	*	365 / 2
=	87.9195					/	49.361	*	365 / 2
=	325.06

SYLA Technologies Co (NAS:SYT) 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.

SYLA Technologies Co's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	49.361	/	87.9195
	=	0.56

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.

SYLA Technologies Co's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	87.9195	/	65.921
	=	1.33

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.

SYLA Technologies Co Days Inventory Related Terms

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

SYLA Technologies Co (SYLA Technologies Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SYLA Technologies Co Ltd (NAS:SYT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-39 Hiroo, Ebisu Prime Square 7th Floor, Shibuya-ku, Tokyo, JPN

Website

https://www.syla-tech.jp

SYLA Technologies Co Ltd is a property technology company. It provides asset management platform systems that facilitate real estate crowd-funding as well as the purchase and sale of real estate.