SoftBank Group (SoftBank Group) Days Inventory : 18.76 (As of Dec. 2023)

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

What is SoftBank Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SoftBank Group's Average Total Inventories for the three months ended in Dec. 2023 was $1,202 Mil. SoftBank Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $5,848 Mil. Hence, SoftBank Group's Days Inventory for the three months ended in Dec. 2023 was 18.76.

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

SFTBY' s Days Inventory Range Over the Past 10 Years
Min: 14.09 Med: 22.09 Max: 38.87
Current: 18.89

During the past 13 years, SoftBank Group's highest Days Inventory was 38.87. The lowest was 14.09. And the median was 22.09.

SFTBY's Days Inventory is ranked better than
51.01% of 298 companies
in the Telecommunication Services industry
Industry Median: 19.215 vs SFTBY: 18.89

SoftBank Group's Days Inventory increased from Dec. 2022 (18.54) to Dec. 2023 (18.76). It might indicate that SoftBank Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SoftBank Group's Inventory Turnover for the three months ended in Dec. 2023 was 4.86.

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. SoftBank Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.10.

SoftBank Group Days Inventory Historical Data

The historical data trend for SoftBank Group'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.

SoftBank Group Days Inventory Chart

SoftBank Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

38.10

38.06

20.79

17.36

18.28

SoftBank Group 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															18.54	16.17	21.09	20.11	18.76

Competitive Comparison of SoftBank Group's Days Inventory

For the Telecom Services subindustry, SoftBank Group'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.

SoftBank Group's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, SoftBank Group's Days Inventory distribution charts can be found below:

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

SoftBank Group Days Inventory Calculation

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

SoftBank Group'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
=	( (1203.998	+	1225.316)	/	2 )	/	24257.763	*	365
=	1214.657					/	24257.763	*	365
=	18.28

SoftBank Group'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
=	( (1146.599	+	1258.196)	/	2 )	/	5847.813	*	365 / 4
=	1202.3975					/	5847.813	*	365 / 4
=	18.76

SoftBank Group (OTCPK:SFTBY) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5847.813	/	1202.3975
	=	4.86

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1202.3975	/	12326.868
	=	0.10

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.

SoftBank Group Days Inventory Related Terms

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

SoftBank Group (SoftBank Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » SoftBank Group Corp (OTCPK:SFTBY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SFTBF:USA SOFT:Mexico 9984:Japan SFT:Germany SFT:Austria

Address

1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, JPN, 105-7303

Website

https://www.group.softbank

SoftBank is a Japan-based telecom and e-commerce conglomerate that has expanded mainly through acquisitions, and its key assets include a 40%-owned mobile and fixed broadband telecom operator business in Japan. It also owns 90% of semiconductor chip designer ARM Holdings following the 2023 IPO of this business, and has a vast portfolio of mainly internet- and e-commerce-focused early stage investments. It is also general partner of the $100 billion SoftBank Vision Fund 1 and sole investor in SoftBank Vision Fund 2, both of which primarily invest in pre-IPO internet companies.