Halmek holdings Co (TSE:7119) Days Inventory : 59.62 (As of Dec. 2023)

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What is Halmek holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Halmek holdings Co's Average Total Inventories for the three months ended in Dec. 2023 was 円3,004 Mil. Halmek holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円4,597 Mil. Hence, Halmek holdings Co's Days Inventory for the three months ended in Dec. 2023 was 59.62.

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

TSE:7119' s Days Inventory Range Over the Past 10 Years
Min: 54 Med: 56.63 Max: 72.34
Current: 72.34

During the past 3 years, Halmek holdings Co's highest Days Inventory was 72.34. The lowest was 54.00. And the median was 56.63.

TSE:7119's Days Inventory is ranked better than
50.67% of 448 companies
in the Conglomerates industry
Industry Median: 73.495 vs TSE:7119: 72.34

Halmek holdings Co's Days Inventory increased from Dec. 2022 (50.34) to Dec. 2023 (59.62). It might indicate that Halmek holdings Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Halmek holdings Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.53.

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. Halmek holdings Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.30.

Halmek holdings Co Days Inventory Historical Data

The historical data trend for Halmek holdings 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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Halmek holdings Co Days Inventory Chart

Halmek holdings Co Annual Data

Trend

Mar21

Mar22

Mar23

Days Inventory

54.00

59.25

Halmek holdings Co Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial				50.34	81.42	68.88	86.17	59.62

Competitive Comparison of Halmek holdings Co's Days Inventory

For the Conglomerates subindustry, Halmek holdings 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.

Halmek holdings Co's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Halmek holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Halmek holdings Co's Days Inventory falls into.

Halmek holdings Co Days Inventory Calculation

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

Halmek holdings Co'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
=	( (1796	+	2295)	/	2 )	/	12600	*	365
=	2045.5					/	12600	*	365
=	59.25

Halmek holdings Co'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
=	( (2803	+	3204)	/	2 )	/	4597	*	365 / 4
=	3003.5					/	4597	*	365 / 4
=	59.62

Halmek holdings Co (TSE:7119) 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.

Halmek holdings Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4597	/	3003.5
	=	1.53

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.

Halmek holdings Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3003.5	/	10113
	=	0.30

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.

Halmek holdings Co Days Inventory Related Terms

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Halmek holdings Co (TSE:7119) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Halmek holdings Co Ltd (TSE:7119) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-1-1 Kagurazaka, Shinjuku-ku, Tokyo, JPN, 162-0825

Website

https://www.halmek-holdings.co.jp

Halmek holdings Co Ltd is engaged in various businesses. The company believes that its mission is to help women live positively and happily in their lives. its business includes content business, Store business, Mail order business, consulting and advertising agency business, and healthcare business. The content business includes a wide range of content such as magazines, websites, courses, and events. The mail-order business includes the needs and concerns of consumers and offers a variety of products that respond to changes in mind, body, and lifestyle that come with age. The company's products and services include Halmek Health and Life, Magazine Halmek, CRM consulting, mail order startup, and mail order startup.

Halmek holdings Co (TSE:7119) Headlines

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