Lifedrink Co (TSE:2585) Days Inventory : 36.39 (As of Dec. 2023)

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What is Lifedrink Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lifedrink Co's Average Total Inventories for the three months ended in Dec. 2023 was 円1,993 Mil. Lifedrink Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円4,996 Mil. Hence, Lifedrink Co's Days Inventory for the three months ended in Dec. 2023 was 36.39.

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

TSE:2585' s Days Inventory Range Over the Past 10 Years
Min: 31.62 Med: 44.71 Max: 45.39
Current: 31.62

During the past 4 years, Lifedrink Co's highest Days Inventory was 45.39. The lowest was 31.62. And the median was 44.71.

TSE:2585's Days Inventory is ranked better than
90.74% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 66.17 vs TSE:2585: 31.62

Lifedrink Co's Days Inventory increased from Dec. 2022 (33.50) to Dec. 2023 (36.39). It might indicate that Lifedrink Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lifedrink Co's Inventory Turnover for the three months ended in Dec. 2023 was 2.51.

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. Lifedrink Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.22.

Lifedrink Co Days Inventory Historical Data

The historical data trend for Lifedrink 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.

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Lifedrink Co Days Inventory Chart

Lifedrink Co Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

44.26

45.39

45.16

38.67

Lifedrink Co Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial							33.50	33.21	30.17	27.97	36.39

Competitive Comparison of Lifedrink Co's Days Inventory

For the Beverages - Non-Alcoholic subindustry, Lifedrink 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.

Lifedrink Co's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry

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

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

Lifedrink Co Days Inventory Calculation

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

Lifedrink 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
=	( (1826	+	1880)	/	2 )	/	17490	*	365
=	1853					/	17490	*	365
=	38.67

Lifedrink 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
=	( (1825	+	2160)	/	2 )	/	4996	*	365 / 4
=	1992.5					/	4996	*	365 / 4
=	36.39

Lifedrink Co (TSE:2585) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4996	/	1992.5
	=	2.51

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1992.5	/	8918
	=	0.22

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.

Lifedrink Co Days Inventory Related Terms

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

Lifedrink Co (TSE:2585) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Lifedrink Co Ltd (TSE:2585) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3-10 Umeda, Osaka-shi Kita-ku, Umeda Dai Building, 10th floor, Osaka, JPN, 530-0001

Website

https://www.ld-company.com

Lifedrink Co Ltd is engaged in the manufacture and sales of beverage such as mineral water, tea-based beverages, carbonated beverages and others.

Lifedrink Co (TSE:2585) Headlines

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