Daiseki Co (Daiseki Co) Inventory Turnover : 5.15 (As of Nov. 2023)

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What is Daiseki Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Daiseki Co's Cost of Goods Sold for the three months ended in Nov. 2023 was $78.1 Mil. Daiseki Co's Average Total Inventories for the quarter that ended in Nov. 2023 was $15.2 Mil. Daiseki Co's Inventory Turnover for the quarter that ended in Nov. 2023 was 5.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Daiseki Co's Days Inventory for the three months ended in Nov. 2023 was 17.72.

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. Daiseki Co's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 0.13.

Daiseki Co Inventory Turnover Historical Data

The historical data trend for Daiseki Co's Inventory Turnover 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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Daiseki Co Inventory Turnover Chart

Daiseki Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Inventory Turnover

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18.17

18.00

19.09

18.79

19.39

Daiseki Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Inventory Turnover	Get a 7-Day Free Trial															5.48	6.19	5.86	5.15	4.39

Daiseki Co Inventory Turnover Calculation

Daiseki Co's Inventory Turnover for the fiscal year that ended in Feb. 2024 is calculated as

	Inventory Turnover (A: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2024 )	/ (	(Total Inventories (A: Feb. 2023 )	+	Total Inventories (A: Feb. 2024 ))	/	count )
=	311.045	/ (	(14.642	+	17.438)	/	2 )
=	311.045	/	16.04
=	19.39

Daiseki Co's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

	Inventory Turnover (Q: Nov. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Nov. 2023 )	/ (	(Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Nov. 2023 ))	/	count )
=	78.108	/ (	(15.292	+	15.046)	/	2 )
=	78.108	/	15.169
=	5.15

Daiseki Co (OTCPK:DSKIF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Daiseki Co's Days Inventory for the three months ended in Nov. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2023 )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
	=	15.169	/	78.108	*	365 / 4
	=	17.72

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.

Daiseki Co's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2023 )	/	Revenue (Q: Nov. 2023 )
	=	15.169	/	119.249
	=	0.13

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Daiseki Co Inventory Turnover Related Terms

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Daiseki Co (Daiseki Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Daiseki Co Ltd (OTCPK:DSKIF) » Definitions » Inventory Turnover

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9793:Japan

Address

1-86 Funami-cho Minato-ku, Aichi, Nagoya, JPN, 4558505

Website

http://www.daiseki.co.jp

Daiseki Co Ltd provides industrial waste treatment and resource recycling throughout Japan. Its core business activities are treating waste oil, waste water, and sludge. It collects and recycles oils and waste water from clients and processes the waste into heavy oil or supplemental fuel. Separators and filters remove deteriorated components, and other systems either refine or adjust products into reusable form. Final products are either delivered back to clients or shipped to market. Advanced technology partners with experienced employees to analyze and classify the particular waste to determine the correct solution; methods revolve around dehydration, kneading, and a combination of mixing and chemical treatment.

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