Toyo Suisan Kaisha (Toyo Suisan Kaisha) Days Inventory : 39.33 (As of Dec. 2023)

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What is Toyo Suisan Kaisha Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Toyo Suisan Kaisha's Average Total Inventories for the three months ended in Dec. 2023 was $261 Mil. Toyo Suisan Kaisha's Cost of Goods Sold for the three months ended in Dec. 2023 was $604 Mil. Hence, Toyo Suisan Kaisha's Days Inventory for the three months ended in Dec. 2023 was 39.33.

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

TSUKY' s Days Inventory Range Over the Past 10 Years
Min: 32.21 Med: 33.96 Max: 39.27
Current: 39.27

During the past 13 years, Toyo Suisan Kaisha's highest Days Inventory was 39.27. The lowest was 32.21. And the median was 33.96.

TSUKY's Days Inventory is ranked better than
84.43% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs TSUKY: 39.27

Toyo Suisan Kaisha's Days Inventory increased from Dec. 2022 (37.68) to Dec. 2023 (39.33). It might indicate that Toyo Suisan Kaisha's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Toyo Suisan Kaisha's Inventory Turnover for the three months ended in Dec. 2023 was 2.32.

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. Toyo Suisan Kaisha's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.30.

Toyo Suisan Kaisha Days Inventory Historical Data

The historical data trend for Toyo Suisan Kaisha'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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Toyo Suisan Kaisha Days Inventory Chart

Toyo Suisan Kaisha Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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36.67

31.64

32.77

35.60

35.67

Toyo Suisan Kaisha 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															37.68	37.68	41.45	39.99	39.33

Competitive Comparison of Toyo Suisan Kaisha's Days Inventory

For the Packaged Foods subindustry, Toyo Suisan Kaisha'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.

Toyo Suisan Kaisha's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Toyo Suisan Kaisha's Days Inventory distribution charts can be found below:

* The bar in red indicates where Toyo Suisan Kaisha's Days Inventory falls into.

Toyo Suisan Kaisha Days Inventory Calculation

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

Toyo Suisan Kaisha's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (221.906	+	257.399)	/	2 )	/	2451.993	*	365
=	239.6525					/	2451.993	*	365
=	35.67

Toyo Suisan Kaisha'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
=	( (259.075	+	261.978)	/	2 )	/	604.467	*	365 / 4
=	260.5265					/	604.467	*	365 / 4
=	39.33

Toyo Suisan Kaisha (OTCPK:TSUKY) 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.

Toyo Suisan Kaisha's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	604.467	/	260.5265
	=	2.32

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.

Toyo Suisan Kaisha's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	260.5265	/	857.812
	=	0.30

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.

Toyo Suisan Kaisha Days Inventory Related Terms

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

Toyo Suisan Kaisha (Toyo Suisan Kaisha) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Toyo Suisan Kaisha Ltd (OTCPK:TSUKY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

2875:Japan

Address

2-13-40, Konan, Minato-ku, Tokyo, JPN, 108-8501

Website

http://www.maruchan.co.jp

Toyo Suisan Kaisha Ltd is a Japanese packaged-food company. The business segments are: domestic instant noodles, overseas instant noodles, frozen and refrigerated food, processed food, cold storage segment, seafood segment and other. The instant noodles segments, domestic and international, account for slightly more than 50% of total sales. The seafood segment offers salmon, shrimps, and cod to convenience stores and mass retailers. The frozen and refrigerated foods segment offers fresh noodles, ramen noodles for commercial use, household product yakisoba noodles, and edamame (green soybean) varieties. The processed foods segment offers packed cooked rice products, freeze-dried products, and packet soups.

Toyo Suisan Kaisha (Toyo Suisan Kaisha) Headlines

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