ABC-Mart (TSE:2670) Days Inventory : 229.67 (As of Nov. 2023)

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What is ABC-Mart Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ABC-Mart's Average Total Inventories for the three months ended in Nov. 2023 was 円101,992 Mil. ABC-Mart's Cost of Goods Sold for the three months ended in Nov. 2023 was 円40,522 Mil. Hence, ABC-Mart's Days Inventory for the three months ended in Nov. 2023 was 229.67.

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

TSE:2670' s Days Inventory Range Over the Past 10 Years
Min: 164.53 Med: 188.5 Max: 217.94
Current: 207.25

During the past 13 years, ABC-Mart's highest Days Inventory was 217.94. The lowest was 164.53. And the median was 188.50.

TSE:2670's Days Inventory is ranked worse than
77.53% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.545 vs TSE:2670: 207.25

ABC-Mart's Days Inventory increased from Nov. 2022 (212.53) to Nov. 2023 (229.67). It might indicate that ABC-Mart's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. ABC-Mart's Inventory Turnover for the three months ended in Nov. 2023 was 0.40.

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. ABC-Mart's Inventory-to-Revenue for the three months ended in Nov. 2023 was 1.23.

ABC-Mart Days Inventory Historical Data

The historical data trend for ABC-Mart'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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ABC-Mart Days Inventory Chart

ABC-Mart Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Inventory

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188.99

217.94

188.85

192.83

192.16

ABC-Mart Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Inventory	Get a 7-Day Free Trial															203.74	202.90	225.84	229.67	189.72

Competitive Comparison of ABC-Mart's Days Inventory

For the Apparel Retail subindustry, ABC-Mart'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.

ABC-Mart's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, ABC-Mart's Days Inventory distribution charts can be found below:

* The bar in red indicates where ABC-Mart's Days Inventory falls into.

ABC-Mart Days Inventory Calculation

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

ABC-Mart'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
=	( (88584	+	88942)	/	2 )	/	168603	*	365
=	88763					/	168603	*	365
=	192.16

ABC-Mart's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

	Days Inventory (Q: Nov. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (97856	+	106128)	/	2 )	/	40522	*	365 / 4
=	101992					/	40522	*	365 / 4
=	229.67

ABC-Mart (TSE:2670) 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.

ABC-Mart's Inventory Turnover for the three months ended in Nov. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	40522	/	101992
	=	0.40

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.

ABC-Mart's Inventory to Revenue for the three months ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	101992	/	82864
	=	1.23

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.

ABC-Mart Days Inventory Related Terms

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

ABC-Mart (TSE:2670) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ABC-Mart Inc (TSE:2670) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

5B8:Germany

Address

19F Shibuya Mark City West, located on registration No. 5, No. 11 1-chome, Shibuya-ku, Tokyo, JPN, 150-0041

Website

http://www.abc-mart.co.jp

ABC-Mart Inc is a retailer that focuses on shoes, primarily selling global third-party athletic and non-athletic shoe brands such as Nike, Adidas, Asics, New Balance, Rockport, Vans, Sketchers, and Timberland. The company also develops and manufactures shoes for brands that it licenses or owns, including Danner, LaCrosse, and White's Boots. Most of the company's sales are generated in Japan, where the vast majority of ABC-Mart's stores are located. Most other company stores are located in South Korea and Taiwan.

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