OSG (TSE:6136) Days Inventory : 235.39 (As of Feb. 2024)

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What is OSG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). OSG's Average Total Inventories for the three months ended in Feb. 2024 was 円56,570 Mil. OSG's Cost of Goods Sold for the three months ended in Feb. 2024 was 円21,929 Mil. Hence, OSG's Days Inventory for the three months ended in Feb. 2024 was 235.39.

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

TSE:6136' s Days Inventory Range Over the Past 10 Years
Min: 164.52 Med: 196.77 Max: 238.56
Current: 228

During the past 13 years, OSG's highest Days Inventory was 238.56. The lowest was 164.52. And the median was 196.77.

TSE:6136's Days Inventory is ranked worse than
80.84% of 2913 companies
in the Industrial Products industry
Industry Median: 120.59 vs TSE:6136: 228.00

OSG's Days Inventory declined from Feb. 2023 (238.75) to Feb. 2024 (235.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. OSG's Inventory Turnover for the three months ended in Feb. 2024 was 0.39.

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. OSG's Inventory-to-Revenue for the three months ended in Feb. 2024 was 1.54.

OSG Days Inventory Historical Data

The historical data trend for OSG'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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OSG Days Inventory Chart

OSG Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Inventory

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205.90

238.56

201.21

207.43

226.97

OSG 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															238.75	228.45	229.57	222.12	235.39

Competitive Comparison of OSG's Days Inventory

For the Tools & Accessories subindustry, OSG'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.

OSG's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, OSG's Days Inventory distribution charts can be found below:

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

OSG Days Inventory Calculation

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

OSG'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
=	( (52025	+	56493)	/	2 )	/	87255	*	365
=	54259					/	87255	*	365
=	226.97

OSG'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
=	( (56493	+	56646)	/	2 )	/	21929	*	365 / 4
=	56569.5					/	21929	*	365 / 4
=	235.39

OSG (TSE:6136) 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.

OSG's Inventory Turnover for the three months ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	21929	/	56569.5
	=	0.39

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.

OSG's Inventory to Revenue for the three months ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	56569.5	/	36717
	=	1.54

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.

OSG Days Inventory Related Terms

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

OSG (TSE:6136) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » OSG Corp (TSE:6136) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

OSGCF:USA OSG:Germany

Address

3-22 Honnogahara, Toyokawa-City, Tokyo, JPN, 4428543

Website

http://www.osg-ir.com

OSG Corp manufactures and sells consumable tools. The company's products include taps, drills, end mills, indexables, dies, gauges, and other tooling systems used in machine tools. Its products are used in the automotive, die and mold, aerospace, energy, and heavy industries. Its largest end markets are Japan and the rest of Asia.

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