MonoAI Technology Co (TSE:5240) Days Inventory : 0.39 (As of Mar. 2024)

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What is MonoAI Technology Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MonoAI Technology Co's Average Total Inventories for the three months ended in Mar. 2024 was 円1 Mil. MonoAI Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円253 Mil. Hence, MonoAI Technology Co's Days Inventory for the three months ended in Mar. 2024 was 0.39.

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

TSE:5240' s Days Inventory Range Over the Past 10 Years
Min: 0.46 Med: 1.99 Max: 4.52
Current: 2.68

During the past 4 years, MonoAI Technology Co's highest Days Inventory was 4.52. The lowest was 0.46. And the median was 1.99.

TSE:5240's Days Inventory is ranked better than
78.41% of 1561 companies
in the Software industry
Industry Median: 19.53 vs TSE:5240: 2.68

MonoAI Technology Co's Days Inventory declined from Mar. 2023 (0.79) to Mar. 2024 (0.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. MonoAI Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 232.88.

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. MonoAI Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

MonoAI Technology Co Days Inventory Historical Data

The historical data trend for MonoAI Technology 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.

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MonoAI Technology Co Days Inventory Chart

MonoAI Technology Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

4.52

3.05

0.93

0.46

MonoAI Technology Co Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial				0.79	8.75	5.71	0.53	0.39

Competitive Comparison of MonoAI Technology Co's Days Inventory

For the Software - Infrastructure subindustry, MonoAI Technology 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.

MonoAI Technology Co's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where MonoAI Technology Co's Days Inventory falls into.

MonoAI Technology Co Days Inventory Calculation

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

MonoAI Technology 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
=	( (1.055	+	0.976)	/	2 )	/	813.044	*	365
=	1.0155					/	813.044	*	365
=	0.46

MonoAI Technology Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.976	+	1.201)	/	2 )	/	253.495	*	365 / 4
=	1.0885					/	253.495	*	365 / 4
=	0.39

MonoAI Technology Co (TSE:5240) 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.

MonoAI Technology Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	253.495	/	1.0885
	=	232.88

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.

MonoAI Technology Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.0885	/	400.929
	=	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.

MonoAI Technology Co Days Inventory Related Terms

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

MonoAI Technology Co (TSE:5240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MonoAI Technology Co Ltd (TSE:5240) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-8-1 Sannomiya-cho, Room 34, 3rd floor, San Plaza, Chuo-ku, Hyogo, Kobe-shi, JPN, 650?0021

Website

https://www.monoai.co.jp

MonoAI Technology Co Ltd is engaged in the operation of metaverse platform name as XR CLOUD.

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