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Sanshin Electronics Co (Sanshin Electronics Co) Days Inventory : 76.33 (As of Dec. 2023)


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What is Sanshin Electronics Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sanshin Electronics Co's Average Total Inventories for the three months ended in Dec. 2023 was $178 Mil. Sanshin Electronics Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $212 Mil. Hence, Sanshin Electronics Co's Days Inventory for the three months ended in Dec. 2023 was 76.33.

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

SSNEF' s Days Inventory Range Over the Past 10 Years
Min: 27.38   Med: 39.48   Max: 74.88
Current: 74.88

During the past 13 years, Sanshin Electronics Co's highest Days Inventory was 74.88. The lowest was 27.38. And the median was 39.48.

SSNEF's Days Inventory is ranked better than
73.46% of 942 companies
in the Semiconductors industry
Industry Median: 129.735 vs SSNEF: 74.88

Sanshin Electronics Co's Days Inventory increased from Dec. 2022 (63.18) to Dec. 2023 (76.33). It might indicate that Sanshin Electronics Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sanshin Electronics Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.20.

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. Sanshin Electronics Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.75.


Sanshin Electronics Co Days Inventory Historical Data

The historical data trend for Sanshin Electronics 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.

Sanshin Electronics Co Days Inventory Chart

Sanshin Electronics Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.36 49.64 55.00 58.67 59.78

Sanshin Electronics 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 63.18 75.77 83.49 69.88 76.33

Competitive Comparison of Sanshin Electronics Co's Days Inventory

For the Semiconductors subindustry, Sanshin Electronics 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.


Sanshin Electronics Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sanshin Electronics Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sanshin Electronics Co's Days Inventory falls into.



Sanshin Electronics Co Days Inventory Calculation

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

Sanshin Electronics Co'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
=( (166.406 + 187.051) / 2 ) / 1079.054*365
=176.7285 / 1079.054*365
=59.78

Sanshin Electronics 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
=( (186.317 + 168.952) / 2 ) / 212.346*365 / 4
=177.6345 / 212.346*365 / 4
=76.33

* 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.


Sanshin Electronics Co  (OTCPK:SSNEF) 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.

Sanshin Electronics 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.

Sanshin Electronics 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.


Sanshin Electronics Co Days Inventory Related Terms

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


Sanshin Electronics Co (Sanshin Electronics Co) Business Description

Traded in Other Exchanges
Address
4-4-12 Shiba, Minato-ku, Tokyo, JPN, 108-8404
Sanshin Electronics Co Ltd is a Japanese based electronics trading company. It operates in two business divisions including device business and solution business. Its device business is engaged in the sales of semiconductors and electronic components for automobile, information and communications, toys and games, and social infrastructure and manufacturing industries. In solution business, it offers IT (information technology) infrastructure solution, application services, video solutions, support, and services. The company has a nationwide network in Japan, Thailand, Malaysia, Singapore, Taiwan, Hong Kong, Irvine, and Shenzhen.

Sanshin Electronics Co (Sanshin Electronics Co) Headlines

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