Daikin Industries (Daikin Industries) Days Inventory : 139.85 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Daikin Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Daikin Industries's Average Total Inventories for the three months ended in Dec. 2023 was $7,354 Mil. Daikin Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was $4,798 Mil. Hence, Daikin Industries's Days Inventory for the three months ended in Dec. 2023 was 139.85.

The historical rank and industry rank for Daikin Industries's Days Inventory or its related term are showing as below:

DKILY' s Days Inventory Range Over the Past 10 Years
Min: 90.21 Med: 95.77 Max: 134.57
Current: 134.57

During the past 13 years, Daikin Industries's highest Days Inventory was 134.57. The lowest was 90.21. And the median was 95.77.

DKILY's Days Inventory is ranked worse than
78.68% of 1393 companies
in the Construction industry
Industry Median: 48.96 vs DKILY: 134.57

Daikin Industries's Days Inventory increased from Dec. 2022 (123.95) to Dec. 2023 (139.85). It might indicate that Daikin Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Daikin Industries's Inventory Turnover for the three months ended in Dec. 2023 was 0.65.

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. Daikin Industries's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.02.

Daikin Industries Days Inventory Historical Data

The historical data trend for Daikin Industries'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.

Daikin Industries Days Inventory Chart

Daikin Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

95.34

93.86

101.63

105.27

120.53

Daikin Industries 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															123.95	131.66	137.88	137.61	139.85

Competitive Comparison of Daikin Industries's Days Inventory

For the Building Products & Equipment subindustry, Daikin Industries'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.

Daikin Industries's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Daikin Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Daikin Industries's Days Inventory falls into.

Daikin Industries Days Inventory Calculation

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

Daikin Industries'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
=	( (5662.639	+	7431.925)	/	2 )	/	19826.551	*	365
=	6547.282					/	19826.551	*	365
=	120.53

Daikin Industries'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
=	( (7311.373	+	7396.013)	/	2 )	/	4798.22	*	365 / 4
=	7353.693					/	4798.22	*	365 / 4
=	139.85

Daikin Industries (OTCPK:DKILY) 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.

Daikin Industries's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4798.22	/	7353.693
	=	0.65

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.

Daikin Industries's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7353.693	/	7212.718
	=	1.02

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.

Daikin Industries Days Inventory Related Terms

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

Daikin Industries (Daikin Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Daikin Industries Ltd (OTCPK:DKILY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

DKILF:USA 6367:Japan DKIA:Germany DKI:Austria

Address

Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, JPN, 530-8323

Website

http://www.daikin.com

Daikin Industries is one of the world's largest heating, ventilating and air conditioning, or HVAC, companies. North America, Japan, China, and Europe are Daikin's four biggest markets, accounting for 24.1%, 23.7%, 16.7%, and 14.5% of fiscal 2018 revenue, respectively. Air conditioning accounted for around 90% of revenue and operating profit, while chemicals and others made up the balance.

Daikin Industries (Daikin Industries) Headlines

From GuruFocus

Bringing the Cool: Companies That Can Grow With Increasing AC Demand

By Margaret Moran Margaret Moran • 10-18-2019