Sangetsu (NGO:8130) Days Inventory

: 62.45 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Sangetsu's Average Total Inventories for the three months ended in Dec. 2023 was 円23,591 Mil. Sangetsu's Cost of Goods Sold for the three months ended in Dec. 2023 was 円34,468 Mil. Hence, Sangetsu's Days Inventory for the three months ended in Dec. 2023 was 62.45.

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

NGO:8130' s Days Inventory Range Over the Past 10 Years
Min: 42.93 Med: 56.98 Max: 64.67
Current: 64.4

During the past 13 years, Sangetsu's highest Days Inventory was 64.67. The lowest was 42.93. And the median was 56.98.

NGO:8130's Days Inventory is ranked better than
75.37% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 106.365 vs NGO:8130: 64.40

Sangetsu's Days Inventory declined from Dec. 2022 (66.64) to Dec. 2023 (62.45).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sangetsu's Inventory Turnover for the three months ended in Dec. 2023 was 1.46.

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. Sangetsu's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.48.

Sangetsu Days Inventory Historical Data

The historical data trend for Sangetsu'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.

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Sangetsu Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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57.60

58.68

64.67

58.04

58.95

Sangetsu 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															66.64	60.22	65.35	68.18	62.45

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Sangetsu'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.

Sangetsu Days Inventory Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sangetsu's Days Inventory distribution charts can be found below:

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

Sangetsu Days Inventory Calculation

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

Sangetsu'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
=	( (17722	+	20925)	/	2 )	/	119648	*	365
=	19323.5					/	119648	*	365
=	58.95

Sangetsu'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
=	( (23394	+	23787)	/	2 )	/	34468	*	365 / 4
=	23590.5					/	34468	*	365 / 4
=	62.45

Sangetsu (NGO:8130) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	34468	/	23590.5
	=	1.46

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	23590.5	/	49394
	=	0.48

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.

Sangetsu Days Inventory Related Terms

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

Sangetsu (NGO:8130) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Sangetsu Corp (NGO:8130) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

8130:Japan

Address

1-4-1, Habashita Nishi-ku, Nagoya, JPN, 451-8575

Website

http://www.sangetsu.co.jp

Sangetsu Corp is a Japan-based company engaged in the development and sale of interior decorating products. It offers wall-coverings, curtains, flooring materials, and upholstery. The company sells various traditional Japanese interior decorating products including scrolls, wall scrolls, folding screens, sliding doors, partitions, and other products made of cloth and paper. The company's business segments include Interior, Exterior and Lighting segments. The majority of the company's revenue is generated from the Interior segment.

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