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DIP (TSE:2379) Days Inventory

: 0.89 (As of Feb. 2024)
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Days Inventory is also known as Days Sales of Inventory (DSI). DIP's Average Total Inventories for the three months ended in Feb. 2024 was 円15 Mil. DIP's Cost of Goods Sold for the three months ended in Feb. 2024 was 円1,485 Mil. Hence, DIP's Days Inventory for the three months ended in Feb. 2024 was 0.89.

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

TSE:2379' s Days Inventory Range Over the Past 10 Years
Min: 0.56   Med: 0.8   Max: 4.49
Current: 0.68

During the past 13 years, DIP's highest Days Inventory was 4.49. The lowest was 0.56. And the median was 0.80.

TSE:2379's Days Inventory is ranked better than
92.22% of 681 companies
in the Business Services industry
Industry Median: 29.27 vs TSE:2379: 0.68

DIP's Days Inventory increased from Feb. 2023 (0.47) to Feb. 2024 (0.89). It might indicate that DIP's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. DIP's Inventory Turnover for the three months ended in Feb. 2024 was 101.99.

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. DIP's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.00.


DIP Days Inventory Historical Data

The historical data trend for DIP'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.

DIP Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.65 0.56 0.81 0.79 0.88

DIP Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 0.47 0.52 0.54 0.56 0.89

Competitive Comparison

For the Staffing & Employment Services subindustry, DIP'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.


DIP Days Inventory Distribution

For the Business Services industry and Industrials sector, DIP's Days Inventory distribution charts can be found below:

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



DIP Days Inventory Calculation

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

DIP's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

Days Inventory (A: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (8.262 + 19.952) / 2 ) / 5824.997*365
=14.107 / 5824.997*365
=0.88

DIP's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (9.162 + 19.952) / 2 ) / 1484.614*365 / 4
=14.557 / 1484.614*365 / 4
=0.89

* 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.


DIP  (TSE:2379) 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.

DIP's Inventory Turnover for the three months ended in Feb. 2024 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.

DIP's Inventory to Revenue for the three months ended in Feb. 2024 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.


DIP Days Inventory Related Terms

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


DIP (TSE:2379) Business Description

Traded in Other Exchanges
N/A
Address
32nd Floor, Izumi Garden Tower, 1-6-1 Roppongi, Minato-ku, Tokyo, JPN, 106-6032
Dip is a Japan-based technology company that mainly provides job information and employment agency services online. The company has five business divisions. The Baitoru Com segment offers job information to contractors and recruiting companies. The Job Engine segment provides job offering and career change information to recruiting companies. The Hatarako Net provides staff service job information to staffing companies. The Other division specializes in services for restaurant customers, while the Agent segment provides employment services for healthcare facilities.

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