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Hoshi Iryo-Sanki Co (TSE:7634) Days Inventory : 13.27 (As of Dec. 2023)


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What is Hoshi Iryo-Sanki Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hoshi Iryo-Sanki Co's Average Total Inventories for the three months ended in Dec. 2023 was 円270 Mil. Hoshi Iryo-Sanki Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,859 Mil. Hence, Hoshi Iryo-Sanki Co's Days Inventory for the three months ended in Dec. 2023 was 13.27.

The historical rank and industry rank for Hoshi Iryo-Sanki Co's Days Inventory or its related term are showing as below:

TSE:7634' s Days Inventory Range Over the Past 10 Years
Min: 5.81   Med: 10.07   Max: 14.16
Current: 14.16

During the past 13 years, Hoshi Iryo-Sanki Co's highest Days Inventory was 14.16. The lowest was 5.81. And the median was 10.07.

TSE:7634's Days Inventory is ranked better than
95.74% of 94 companies
in the Medical Distribution industry
Industry Median: 62.15 vs TSE:7634: 14.16

Hoshi Iryo-Sanki Co's Days Inventory declined from Dec. 2022 (16.77) to Dec. 2023 (13.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hoshi Iryo-Sanki Co's Inventory Turnover for the three months ended in Dec. 2023 was 6.88.

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. Hoshi Iryo-Sanki Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.07.


Hoshi Iryo-Sanki Co Days Inventory Historical Data

The historical data trend for Hoshi Iryo-Sanki 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.

* Premium members only.

Hoshi Iryo-Sanki Co Days Inventory Chart

Hoshi Iryo-Sanki Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.81 7.05 7.32 10.23 11.90

Hoshi Iryo-Sanki Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.77 11.92 15.90 14.76 13.27

Competitive Comparison of Hoshi Iryo-Sanki Co's Days Inventory

For the Medical Distribution subindustry, Hoshi Iryo-Sanki 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.


Hoshi Iryo-Sanki Co's Days Inventory Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Hoshi Iryo-Sanki Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hoshi Iryo-Sanki Co's Days Inventory falls into.



Hoshi Iryo-Sanki Co Days Inventory Calculation

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

Hoshi Iryo-Sanki 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
=( (237.631 + 223.184) / 2 ) / 7066.99*365
=230.4075 / 7066.99*365
=11.90

Hoshi Iryo-Sanki 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
=( (247.424 + 293.273) / 2 ) / 1859.053*365 / 4
=270.3485 / 1859.053*365 / 4
=13.27

* 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.


Hoshi Iryo-Sanki Co  (TSE:7634) 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.

Hoshi Iryo-Sanki Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

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.

Hoshi Iryo-Sanki Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* 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.


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.


Hoshi Iryo-Sanki Co Days Inventory Related Terms

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


Hoshi Iryo-Sanki Co (TSE:7634) Business Description

Traded in Other Exchanges
N/A
Address
7-11-18 Iriya, Adachi-ku, Tokyo, JPN, 121-0836
Hoshi Iryo-Sanki Co Ltd is engaged in the manufacturing and sale of pharmaceuticals products. It offers medical oxygen, nitrous oxide, and others. It is also engaged in the planning, manufacture, sale, maintenance, inspection, and repair of medical instrument equipment for medical gas supply facilities. The company's project service includes production and supply of medical gas, home care, care assistive devices, medical gas maintenance, and others.

Hoshi Iryo-Sanki Co (TSE:7634) Headlines

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