Takara Holdings (TSE:2531) Days Inventory : 106.19 (As of Dec. 2023)

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What is Takara Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Takara Holdings's Average Total Inventories for the three months ended in Dec. 2023 was 円71,581 Mil. Takara Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円61,511 Mil. Hence, Takara Holdings's Days Inventory for the three months ended in Dec. 2023 was 106.19.

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

TSE:2531' s Days Inventory Range Over the Past 10 Years
Min: 79.93 Med: 96.33 Max: 118.6
Current: 112.36

During the past 13 years, Takara Holdings's highest Days Inventory was 118.60. The lowest was 79.93. And the median was 96.33.

TSE:2531's Days Inventory is ranked better than
62.25% of 204 companies
in the Beverages - Alcoholic industry
Industry Median: 160.075 vs TSE:2531: 112.36

Takara Holdings's Days Inventory increased from Dec. 2022 (105.83) to Dec. 2023 (106.19). It might indicate that Takara Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Takara Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 0.86.

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. Takara Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.79.

Takara Holdings Days Inventory Historical Data

The historical data trend for Takara Holdings'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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Takara Holdings Days Inventory Chart

Takara Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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96.22

100.47

109.94

118.60

110.38

Takara Holdings 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															105.83	108.83	114.86	116.44	106.19

Competitive Comparison of Takara Holdings's Days Inventory

For the Beverages - Brewers subindustry, Takara Holdings'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.

Takara Holdings's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Takara Holdings's Days Inventory distribution charts can be found below:

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

Takara Holdings Days Inventory Calculation

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

Takara Holdings'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
=	( (72642	+	66902)	/	2 )	/	230724	*	365
=	69772					/	230724	*	365
=	110.38

Takara Holdings'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
=	( (70711	+	72450)	/	2 )	/	61511	*	365 / 4
=	71580.5					/	61511	*	365 / 4
=	106.19

Takara Holdings (TSE:2531) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	61511	/	71580.5
	=	0.86

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	71580.5	/	90446
	=	0.79

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.

Takara Holdings Days Inventory Related Terms

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

Takara Holdings (TSE:2531) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Takara Holdings Inc (TSE:2531) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

TAX:Germany

Address

20 Naginataboko-cho, Shijo-dori Karasuma Higashi-iru, Shimogyo-ku, Kyoto, JPN, 600-8688

Website

http://www.takara.co.jp

Takara Holdings Inc operates three businesses: Alcoholic Beverages and Seasonings, Biomedical, and Health Foods. Roughly 80% of the company's sales come from Japan. The Alcoholic Beverages and Seasonings business, which manufactures shochu, sake, light-alcohol refreshers, seasonings, and raw alcohol, generates the vast majority of the company's revenue. Most remaining revenue comes from the biomedical business, which primarily manufactures and sells reagents and other instruments for biomedical researchers but also provides contract research services and develops health food ingredients. Takara's foods business develops and sells health food products that are largely based on seaweed, algae, and herbs.

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