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Good Com Asset Co (TSE:3475) Days Inventory : 1,778.39 (As of Jan. 2024)


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What is Good Com Asset Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Good Com Asset Co's Average Total Inventories for the three months ended in Jan. 2024 was 円42,862 Mil. Good Com Asset Co's Cost of Goods Sold for the three months ended in Jan. 2024 was 円2,199 Mil. Hence, Good Com Asset Co's Days Inventory for the three months ended in Jan. 2024 was 1,778.39.

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

TSE:3475' s Days Inventory Range Over the Past 10 Years
Min: 117.3   Med: 222.49   Max: 663.91
Current: 663.91

During the past 10 years, Good Com Asset Co's highest Days Inventory was 663.91. The lowest was 117.30. And the median was 222.49.

TSE:3475's Days Inventory is ranked better than
51.81% of 1326 companies
in the Real Estate industry
Industry Median: 699.495 vs TSE:3475: 663.91

Good Com Asset Co's Days Inventory increased from Jan. 2023 (494.35) to Jan. 2024 (1,778.39). It might indicate that Good Com Asset 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. Good Com Asset Co's Inventory Turnover for the three months ended in Jan. 2024 was 0.05.

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. Good Com Asset Co's Inventory-to-Revenue for the three months ended in Jan. 2024 was 13.82.


Good Com Asset Co Days Inventory Historical Data

The historical data trend for Good Com Asset 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.

* Premium members only.

Good Com Asset Co Days Inventory Chart

Good Com Asset Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 130.53 219.29 179.57 117.30 571.65

Good Com Asset Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Inventory Get a 7-Day Free Trial 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 494.35 281.84 935.16 527.54 1,778.39

Competitive Comparison of Good Com Asset Co's Days Inventory

For the Real Estate - Diversified subindustry, Good Com Asset 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.


Good Com Asset Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Good Com Asset Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Good Com Asset Co's Days Inventory falls into.



Good Com Asset Co Days Inventory Calculation

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

Good Com Asset Co's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

Days Inventory (A: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (10492.534 + 41574.327) / 2 ) / 16622.346*365
=26033.4305 / 16622.346*365
=571.65

Good Com Asset Co's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (41574.327 + 44150.581) / 2 ) / 2199.289*365 / 4
=42862.454 / 2199.289*365 / 4
=1,778.39

* 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.


Good Com Asset Co  (TSE:3475) 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.

Good Com Asset Co's Inventory Turnover for the three months ended in Jan. 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.

Good Com Asset Co's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=42862.454 / 3102.412
=13.82

* 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.


Good Com Asset Co Days Inventory Related Terms

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


Good Com Asset Co (TSE:3475) Business Description

Traded in Other Exchanges
N/A
Address
7-20-1, Nishishinjuku, 17th Floor, Sumitomo Fudosan Nishi-Shinjuku Building, Shinjuku-ku, Tokyo, JPN, 160-0023
Good Com Asset Co Ltd is a Japan-based company mainly engaged in planning, development, sale and management of newly built apartments. It primarily engages in planning, developing, managing, and selling mansions primarily in Japan. It is also providing rent management and real estate consultancy services, as well as property and casualty insurance products.

Good Com Asset Co (TSE:3475) Headlines

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