GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Iino Kaiun Kaisha Ltd (TSE:9119) » Definitions » Days Inventory

Iino Kaiun Kaisha (TSE:9119) Days Inventory : 15.98 (As of Dec. 2023)


View and export this data going back to 1949. Start your Free Trial

What is Iino Kaiun Kaisha Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Iino Kaiun Kaisha's Average Total Inventories for the three months ended in Dec. 2023 was 円4,893 Mil. Iino Kaiun Kaisha's Cost of Goods Sold for the three months ended in Dec. 2023 was 円27,933 Mil. Hence, Iino Kaiun Kaisha's Days Inventory for the three months ended in Dec. 2023 was 15.98.

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

TSE:9119' s Days Inventory Range Over the Past 10 Years
Min: 8.27   Med: 12.26   Max: 16.04
Current: 15.9

During the past 13 years, Iino Kaiun Kaisha's highest Days Inventory was 16.04. The lowest was 8.27. And the median was 12.26.

TSE:9119's Days Inventory is ranked worse than
59.74% of 780 companies
in the Transportation industry
Industry Median: 11.4 vs TSE:9119: 15.90

Iino Kaiun Kaisha's Days Inventory declined from Dec. 2022 (16.13) to Dec. 2023 (15.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. Iino Kaiun Kaisha's Inventory Turnover for the three months ended in Dec. 2023 was 5.71.

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. Iino Kaiun Kaisha's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.14.


Iino Kaiun Kaisha Days Inventory Historical Data

The historical data trend for Iino Kaiun Kaisha'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.

Iino Kaiun Kaisha Days Inventory Chart

Iino Kaiun Kaisha Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.27 12.80 14.35 13.49 16.04

Iino Kaiun Kaisha Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14.54 14.42 15.22 15.98 17.80

Competitive Comparison of Iino Kaiun Kaisha's Days Inventory

For the Marine Shipping subindustry, Iino Kaiun Kaisha'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.


Iino Kaiun Kaisha's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Iino Kaiun Kaisha's Days Inventory distribution charts can be found below:

* The bar in red indicates where Iino Kaiun Kaisha's Days Inventory falls into.



Iino Kaiun Kaisha Days Inventory Calculation

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

Iino Kaiun Kaisha's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (4068 + 5481) / 2 ) / 108667*365
=4774.5 / 108667*365
=16.04

Iino Kaiun Kaisha'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
=( (4699 + 5087) / 2 ) / 27933*365 / 4
=4893 / 27933*365 / 4
=15.98

* 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.


Iino Kaiun Kaisha  (TSE:9119) 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.

Iino Kaiun Kaisha'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.

Iino Kaiun Kaisha'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.


Iino Kaiun Kaisha Days Inventory Related Terms

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


Iino Kaiun Kaisha (TSE:9119) Business Description

Traded in Other Exchanges
N/A
Address
Iino Building, 2-1-1 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 100-0011
Iino Kaiun Kaisha Ltd is a transportation and logistics company domiciled in Japan. The company organises itself into three segments: oceangoing shipping, regional shipping, and real estate. The oceangoing shipping segment, which generates the majority of revenue, owns and operates oil and chemical tankers, large gas carriers to transport liquefied natural and liquefied petroleum gas, and dry bulk carriers. The regional shipping segment operates small gas carriers. The real estate segment invest in and leases office buildings.

Iino Kaiun Kaisha (TSE:9119) Headlines

No Headlines