True Data (TSE:4416) Days Inventory : 0.00 (As of Dec. 2023)

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What is True Data Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). True Data's Average Total Inventories for the three months ended in Dec. 2023 was 円0 Mil. True Data's Cost of Goods Sold for the three months ended in Dec. 2023 was 円175 Mil. Hence, True Data's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for True Data's Days Inventory or its related term are showing as below:

TSE:4416's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.085
* Ranked among companies with meaningful Days Inventory only.

True Data's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. True Data's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

True Data Days Inventory Historical Data

The historical data trend for True Data'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.

True Data Days Inventory Chart

True Data Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

True Data Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of True Data's Days Inventory

For the Software - Application subindustry, True Data'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.

True Data's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, True Data's Days Inventory distribution charts can be found below:

* The bar in red indicates where True Data's Days Inventory falls into.

True Data Days Inventory Calculation

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

True Data'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
=	( (0	+	0)	/	1 )	/	675.243	*	365
=	0					/	675.243	*	365
=	0.00

True Data'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
=	( (0	+	0)	/	1 )	/	175.29	*	365 / 4
=	0					/	175.29	*	365 / 4
=	0.00

True Data (TSE:4416) 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.

True Data's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	175.29	/	0
	=

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.

True Data's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	406.827
	=	0.00

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.

True Data Days Inventory Related Terms

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

True Data (TSE:4416) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » True Data Inc (TSE:4416) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-10-11 Shibadaimon, Minato-ku, Tokyo, JPN, 105?0012

Website

https://www.truedata.co.jp

True Data Inc operates a big data platform that handles consumer purchasing data nationwide. It develops and provides consumer data analysis and purchasing behavior analysis solutions such as POS / ID-POS to retailers and consumer goods manufacturers.

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