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Toyoda Gosei Co (Toyoda Gosei Co) Days Inventory : 35.08 (As of Dec. 2023)


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What is Toyoda Gosei Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Toyoda Gosei Co's Average Total Inventories for the three months ended in Dec. 2023 was $631 Mil. Toyoda Gosei Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,642 Mil. Hence, Toyoda Gosei Co's Days Inventory for the three months ended in Dec. 2023 was 35.08.

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

TGOSY' s Days Inventory Range Over the Past 10 Years
Min: 29.76   Med: 38.71   Max: 48.66
Current: 38.96

During the past 13 years, Toyoda Gosei Co's highest Days Inventory was 48.66. The lowest was 29.76. And the median was 38.71.

TGOSY's Days Inventory is ranked better than
84.94% of 1255 companies
in the Vehicles & Parts industry
Industry Median: 81.83 vs TGOSY: 38.96

Toyoda Gosei Co's Days Inventory declined from Dec. 2022 (43.52) to Dec. 2023 (35.08).

Inventory Turnover measures how fast the company turns over its inventory within a year. Toyoda Gosei Co's Inventory Turnover for the three months ended in Dec. 2023 was 2.60.

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. Toyoda Gosei Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.32.


Toyoda Gosei Co Days Inventory Historical Data

The historical data trend for Toyoda Gosei 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.

Toyoda Gosei Co Days Inventory Chart

Toyoda Gosei Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.37 32.17 40.27 43.37 44.98

Toyoda Gosei 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.52 42.69 40.79 39.29 35.08

Competitive Comparison of Toyoda Gosei Co's Days Inventory

For the Auto Parts subindustry, Toyoda Gosei 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.


Toyoda Gosei Co's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyoda Gosei Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Toyoda Gosei Co's Days Inventory falls into.



Toyoda Gosei Co Days Inventory Calculation

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

Toyoda Gosei 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
=( (800.001 + 741.941) / 2 ) / 6256.719*365
=770.971 / 6256.719*365
=44.98

Toyoda Gosei 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
=( (648.192 + 614.405) / 2 ) / 1642.19*365 / 4
=631.2985 / 1642.19*365 / 4
=35.08

* 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.


Toyoda Gosei Co  (OTCPK:TGOSY) 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.

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

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.

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

* 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.


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.


Toyoda Gosei Co Days Inventory Related Terms

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


Toyoda Gosei Co (Toyoda Gosei Co) Business Description

Traded in Other Exchanges
Address
1 Haruhinagahata, Aichi, Kiyosu, JPN, 452-8564
Toyoda Gosei Co Ltd is a manufacturer of resins and rubber parts for automobiles. The company's products fall in three categories: automotive parts, LEDs, and general industry products. The automotive parts segment, making up the lion's share of Toyoda Gosei's generated revenue, produces weather strips, fuel tank and engine peripheral parts, chassis and drivetrain parts, interior and exterior parts, and safety systems such as airbags. In its other business segments, the company produces LEDs for crystal displays, LED light solutions and glass-encapsulated LEDs, air conditioning products, home construction components, and industrial and construction machinery parts.

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