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Daiwa Heavy Industry Co (TSE:5610) Days Inventory : 90.14 (As of Dec. 2023)


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What is Daiwa Heavy Industry Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Daiwa Heavy Industry Co's Average Total Inventories for the three months ended in Dec. 2023 was 円1,043 Mil. Daiwa Heavy Industry Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,056 Mil. Hence, Daiwa Heavy Industry Co's Days Inventory for the three months ended in Dec. 2023 was 90.14.

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

TSE:5610' s Days Inventory Range Over the Past 10 Years
Min: 66.86   Med: 90.71   Max: 106.21
Current: 106.21

During the past 13 years, Daiwa Heavy Industry Co's highest Days Inventory was 106.21. The lowest was 66.86. And the median was 90.71.

TSE:5610's Days Inventory is ranked worse than
72.34% of 1392 companies
in the Construction industry
Industry Median: 48.745 vs TSE:5610: 106.21

Daiwa Heavy Industry Co's Days Inventory declined from Dec. 2022 (95.92) to Dec. 2023 (90.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. Daiwa Heavy Industry Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.01.

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. Daiwa Heavy Industry Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.84.


Daiwa Heavy Industry Co Days Inventory Historical Data

The historical data trend for Daiwa Heavy Industry 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.

* Premium members only.

Daiwa Heavy Industry Co Days Inventory Chart

Daiwa Heavy Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.31 94.67 89.55 95.83 97.90

Daiwa Heavy Industry Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 95.92 131.72 114.49 104.97 90.14

Competitive Comparison of Daiwa Heavy Industry Co's Days Inventory

For the Building Products & Equipment subindustry, Daiwa Heavy Industry 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.


Daiwa Heavy Industry Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Daiwa Heavy Industry Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Daiwa Heavy Industry Co's Days Inventory falls into.



Daiwa Heavy Industry Co Days Inventory Calculation

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

Daiwa Heavy Industry Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (947.74 + 1002.761) / 2 ) / 3635.839*365
=975.2505 / 3635.839*365
=97.90

Daiwa Heavy Industry Co'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
=( (1083.51 + 1002.761) / 2 ) / 1055.996*365 / 4
=1043.1355 / 1055.996*365 / 4
=90.14

* 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.


Daiwa Heavy Industry Co  (TSE:5610) 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.

Daiwa Heavy Industry 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.

Daiwa Heavy Industry 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.


Daiwa Heavy Industry Co Days Inventory Related Terms

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


Daiwa Heavy Industry Co (TSE:5610) Business Description

Traded in Other Exchanges
N/A
Address
KOBE 1 - chome 21 - 23, Yasagi-ku, Hiroshima, JPN, 7310221
Daiwa Heavy Industry Co., Ltd. manufactures and processes castings for industry and home use. The operates through two divisions, industrial machinery related equipment division and housing-related equipment division. In the industrial machinery-related equipment division, it covers a range of castings in all areas. On the other hand, the housing-related equipment division is focusing on the casting enamel bathtub. The company is also putting efforts into landscape products and cast iron equipment for construction.

Daiwa Heavy Industry Co (TSE:5610) Headlines

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