Angel Group (TSE:5534) Days Inventory : 203.19 (As of Feb. 2023)

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What is Angel Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Angel Group's Average Total Inventories for the six months ended in Feb. 2023 was 円1,352 Mil. Angel Group's Cost of Goods Sold for the six months ended in Feb. 2023 was 円1,214 Mil. Hence, Angel Group's Days Inventory for the six months ended in Feb. 2023 was 203.19.

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

TSE:5534's Days Inventory is not ranked ^*
in the Real Estate industry.
Industry Median: 699.45
* Ranked among companies with meaningful Days Inventory only.

Angel Group's Days Inventory increased from Aug. 2021 (0.00) to Feb. 2023 (203.19). It might indicate that Angel Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Angel Group's Inventory Turnover for the six months ended in Feb. 2023 was 0.90.

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. Angel Group's Inventory-to-Revenue for the six months ended in Feb. 2023 was 0.31.

Angel Group Days Inventory Historical Data

The historical data trend for Angel Group'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.

Angel Group Days Inventory Chart

Angel Group Annual Data

Trend

Aug21

Aug22

Days Inventory

215.09

190.78

Angel Group Semi-Annual Data
	Aug21	Aug22	Feb23
Days Inventory	-	-	203.19

Competitive Comparison of Angel Group's Days Inventory

For the Real Estate Services subindustry, Angel Group'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.

Angel Group's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Angel Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Angel Group's Days Inventory falls into.

Angel Group Days Inventory Calculation

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

Angel Group's Days Inventory for the fiscal year that ended in Aug. 2022 is calculated as

	Days Inventory (A: Aug. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2021 )	+	Total Inventories (A: Aug. 2022 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2022 )	*	Days in Period
=	( (999.201	+	1376.386)	/	2 )	/	2272.473	*	365
=	1187.7935					/	2272.473	*	365
=	190.78

Angel Group's Days Inventory for the quarter that ended in Feb. 2023 is calculated as:

	Days Inventory (Q: Feb. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2022 )	+	Total Inventories (Q: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2023 )	*	Days in Period
=	( (1376.386	+	1327.563)	/	2 )	/	1214.326	*	365 / 2
=	1351.9745					/	1214.326	*	365 / 2
=	203.19

Angel Group (TSE:5534) 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.

Angel Group's Inventory Turnover for the six months ended in Feb. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1214.326	/	1351.9745
	=	0.90

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.

Angel Group's Inventory to Revenue for the six months ended in Feb. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1351.9745	/	4310.688
	=	0.31

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.

Angel Group Days Inventory Related Terms

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

Angel Group (TSE:5534) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Angel Group Inc (TSE:5534) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-15 Yuzawa,, Minamiuonumagun Yuzawamachi, Niigata, JPN, 949-6101

Website

https://www.angel.co.jp

Angel Group Inc engages in offering comprehensive business services including resort hotel Accommodation business, resort condominium management business, villa area management business, resort real estate sales brokerage business and other ancillary businesses.

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