GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Kanamic Network Co Ltd (TSE:3939) » Definitions » Days Inventory

Kanamic Network Co (TSE:3939) Days Inventory : 2.22 (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Kanamic Network Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kanamic Network Co's Average Total Inventories for the three months ended in Dec. 2023 was 円11 Mil. Kanamic Network Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円461 Mil. Hence, Kanamic Network Co's Days Inventory for the three months ended in Dec. 2023 was 2.22.

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

TSE:3939' s Days Inventory Range Over the Past 10 Years
Min: 1.28   Med: 8.33   Max: 16.04
Current: 3.87

During the past 9 years, Kanamic Network Co's highest Days Inventory was 16.04. The lowest was 1.28. And the median was 8.33.

TSE:3939's Days Inventory is ranked better than
91.91% of 470 companies
in the Healthcare Providers & Services industry
Industry Median: 32.305 vs TSE:3939: 3.87

Kanamic Network Co's Days Inventory declined from Dec. 2022 (15.50) to Dec. 2023 (2.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kanamic Network Co's Inventory Turnover for the three months ended in Dec. 2023 was 41.02.

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. Kanamic Network Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.


Kanamic Network Co Days Inventory Historical Data

The historical data trend for Kanamic Network 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.

Kanamic Network Co Days Inventory Chart

Kanamic Network Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 1.28 4.82 4.28 16.04 7.13

Kanamic Network Co 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 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 15.50 7.01 3.54 2.36 2.22

Competitive Comparison of Kanamic Network Co's Days Inventory

For the Health Information Services subindustry, Kanamic Network 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.


Kanamic Network Co's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kanamic Network Co's Days Inventory distribution charts can be found below:

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



Kanamic Network Co Days Inventory Calculation

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

Kanamic Network Co's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (35.165 + 9.823) / 2 ) / 1152.135*365
=22.494 / 1152.135*365
=7.13

Kanamic Network 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
=( (9.823 + 12.646) / 2 ) / 460.836*365 / 4
=11.2345 / 460.836*365 / 4
=2.22

* 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.


Kanamic Network Co  (TSE:3939) 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.

Kanamic Network 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.

Kanamic Network 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.


Kanamic Network Co Days Inventory Related Terms

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


Kanamic Network Co (TSE:3939) Business Description

Traded in Other Exchanges
Address
4-20-3 Ebisu, 31st floor, Ebisu Garden Place Tower, Shibuya-ku, Tokyo, JPN, 150-6031
Kanamic Network Co Ltd provides platforms and management systems for the health care industry. The firm develops software to support medical care and nursing care business management. It offers cloud services for construction of information sharing platform in the medical and nursing care field to local government staff, doctors, nurses, care managers; system integration and system solution business; Website production/management work; and planning, production, and sale of Web content and video, and various sales promotion tools. In addition, it offers management and system consulting services, and education and training services; and engages in planning and holding lectures, seminars, academic conferences.

Kanamic Network Co (TSE:3939) Headlines

No Headlines