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Fund Creation Group Co (TSE:3266) Days Inventory : 499.16 (As of Feb. 2024)


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What is Fund Creation Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fund Creation Group Co's Average Total Inventories for the three months ended in Feb. 2024 was 円2,391 Mil. Fund Creation Group Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円437 Mil. Hence, Fund Creation Group Co's Days Inventory for the three months ended in Feb. 2024 was 499.16.

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

TSE:3266' s Days Inventory Range Over the Past 10 Years
Min: 51.39   Med: 256.48   Max: 610.46
Current: 288.9

During the past 13 years, Fund Creation Group Co's highest Days Inventory was 610.46. The lowest was 51.39. And the median was 256.48.

TSE:3266's Days Inventory is ranked worse than
73.05% of 167 companies
in the Asset Management industry
Industry Median: 76.77 vs TSE:3266: 288.90

Fund Creation Group Co's Days Inventory declined from Feb. 2023 (564.10) to Feb. 2024 (499.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fund Creation Group Co's Inventory Turnover for the three months ended in Feb. 2024 was 0.18.

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. Fund Creation Group Co's Inventory-to-Revenue for the three months ended in Feb. 2024 was 4.35.


Fund Creation Group Co Days Inventory Historical Data

The historical data trend for Fund Creation Group 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.

Fund Creation Group Co Days Inventory Chart

Fund Creation Group Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 438.63 536.52 269.36 610.46 243.59

Fund Creation Group Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 564.10 443.01 153.46 362.10 499.16

Competitive Comparison of Fund Creation Group Co's Days Inventory

For the Asset Management subindustry, Fund Creation Group 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.


Fund Creation Group Co's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fund Creation Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fund Creation Group Co's Days Inventory falls into.



Fund Creation Group Co Days Inventory Calculation

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

Fund Creation Group Co's Days Inventory for the fiscal year that ended in Nov. 2023 is calculated as

Days Inventory (A: Nov. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2022 ) + Total Inventories (A: Nov. 2023 )) / count ) / Cost of Goods Sold (A: Nov. 2023 )*Days in Period
=( (1999 + 2100) / 2 ) / 3071*365
=2049.5 / 3071*365
=243.59

Fund Creation Group Co's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (2100 + 2681) / 2 ) / 437*365 / 4
=2390.5 / 437*365 / 4
=499.16

* 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.


Fund Creation Group Co  (TSE:3266) 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.

Fund Creation Group Co's Inventory Turnover for the three months ended in Feb. 2024 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.

Fund Creation Group Co's Inventory to Revenue for the three months ended in Feb. 2024 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.


Fund Creation Group Co Days Inventory Related Terms

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


Fund Creation Group Co (TSE:3266) Business Description

Traded in Other Exchanges
N/A
Address
1-4 Kojimachi, Hanzomon First Building 5th Floor, Chiyoda-ku, Tokyo, JPN, 102-0083
Fund Creation Group Co Ltd operates a variety of businesses, with asset management business and investment bank business as its core businesses. It aims for the organic development of each business by making full use of its high expertise.

Fund Creation Group Co (TSE:3266) Headlines

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