Daito Trust Construction Co (Daito Trust Construction Co) Days Inventory : 20.58 (As of Dec. 2023)

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What is Daito Trust Construction Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Daito Trust Construction Co's Average Total Inventories for the three months ended in Dec. 2023 was $567 Mil. Daito Trust Construction Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,513 Mil. Hence, Daito Trust Construction Co's Days Inventory for the three months ended in Dec. 2023 was 20.58.

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

DIFTY' s Days Inventory Range Over the Past 10 Years
Min: 5.13 Med: 5.87 Max: 18.66
Current: 18.66

During the past 13 years, Daito Trust Construction Co's highest Days Inventory was 18.66. The lowest was 5.13. And the median was 5.87.

DIFTY's Days Inventory is ranked better than
89.05% of 1324 companies
in the Real Estate industry
Industry Median: 693.655 vs DIFTY: 18.66

Daito Trust Construction Co's Days Inventory increased from Dec. 2022 (15.66) to Dec. 2023 (20.58). It might indicate that Daito Trust Construction Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Daito Trust Construction Co's Inventory Turnover for the three months ended in Dec. 2023 was 4.43.

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. Daito Trust Construction Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.19.

Daito Trust Construction Co Days Inventory Historical Data

The historical data trend for Daito Trust Construction 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.

Daito Trust Construction Co Days Inventory Chart

Daito Trust Construction Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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6.10

5.22

5.91

9.72

14.91

Daito Trust Construction 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															15.66	15.71	18.75	19.61	20.58

Competitive Comparison of Daito Trust Construction Co's Days Inventory

For the Real Estate - Diversified subindustry, Daito Trust Construction 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.

Daito Trust Construction Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Daito Trust Construction Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Daito Trust Construction Co's Days Inventory falls into.

Daito Trust Construction Co Days Inventory Calculation

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

Daito Trust Construction 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
=	( (374.304	+	480.861)	/	2 )	/	10467.844	*	365
=	427.5825					/	10467.844	*	365
=	14.91

Daito Trust Construction 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
=	( (532.382	+	601.383)	/	2 )	/	2513.309	*	365 / 4
=	566.8825					/	2513.309	*	365 / 4
=	20.58

Daito Trust Construction Co (OTCPK:DIFTY) 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.

Daito Trust Construction Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2513.309	/	566.8825
	=	4.43

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.

Daito Trust Construction Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	566.8825	/	3005.289
	=	0.19

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.

Daito Trust Construction Co Days Inventory Related Terms

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

Daito Trust Construction Co (Daito Trust Construction Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Daito Trust Construction Co Ltd (OTCPK:DIFTY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

1878:Japan 1878:Japan 4D7:Germany

Address

2-16-1, Konan, Minato-ku, Tokyo, JPN, 108-8211

Website

http://www.kentaku.co.jp

Daito Trust Construction Co Ltd engages in the design and construction of apartments, condominiums, rental office buildings, factories, and warehouses. Additional activities include tenant recruiting, building maintenance, and contracting arrangements. A Lease Management Trust System sits at the center of Daito's operations. Under this system, business is divided between the construction business and the real estate business. The company plans and proposes building rental businesses to landowners, and then designs and constructs the contracted rental buildings. Daito also recruits tenants for its constructed rental buildings and provides property management and operation services for the buildings.

Daito Trust Construction Co (Daito Trust Construction Co) Headlines

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