Days Inventory is also known as Days Sales of Inventory (DSI). Ajinomoto Co's Average Total Inventories for the
three
months ended in Dec. 2023 was 円305,879 Mil. Ajinomoto Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was 円239,792 Mil.
Hence, Ajinomoto Co's Days Inventory for the
three
months ended in Dec. 2023 was 116.40.
The historical rank and industry rank for Ajinomoto Co's Days Inventory or its related term are showing as below:
TSE:2802'
s Days Inventory Range Over the Past 10 Years
Min: 86.47 Med: 94.5 Max: 116.75
Current: 116.75
During the past 13 years, Ajinomoto Co's highest Days Inventory was 116.75. The lowest was 86.47. And the median was 94.50.
TSE:2802's Days Inventory is ranked worse than 68.1% of 1787
companies
in the Consumer Packaged Goods industry
Industry Median: 82.23
vs TSE:2802: 116.75
Ajinomoto Co's Days Inventory
increased
from Dec. 2022 (106.40) to Dec. 2023 (116.40).
It might indicate that Ajinomoto Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ajinomoto Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.78.
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.
Ajinomoto Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.81.
Ajinomoto Co Days Inventory Historical Data
The historical data trend for Ajinomoto 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.
Competitive Comparison of Ajinomoto Co's Days Inventory
For the Packaged Foods subindustry, Ajinomoto 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.
Ajinomoto Co's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Ajinomoto Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ajinomoto Co's Days Inventory falls into.
Ajinomoto Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ajinomoto Co's Days Inventory for the fiscal year that ended in Mar. 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.
Ajinomoto Co (TSE:2802) 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.
Ajinomoto 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.
Ajinomoto 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.
Ajinomoto Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Ajinomoto Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ajinomoto is Japan's leading food company specializing in amino acids and seasonings derived from amino acid fermentation technologies. It also produces processed foods including dry soup mixes, frozen foods, and beverage products. Apart from the consumer business, it is a key supplier of MSG and nucleotides to global food manufacturers including Nestle. The food business represents nearly three fourths of group sales and 80%-plus of profits with nearly two thirds generated overseas. Healthcare and function materials (mainly Ajinomoto build-up film, or ABF), the key growth drivers through 2030, make up the balance of its business portfolio. The nonfood businesses are expected to contribute half of the group profits by 2030, boosted by ABF and CDMO growth.
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