Edge Technology (TSE:4268) Days Inventory

: 0.01 (As of Jan. 2024)

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Days Inventory is also known as Days Sales of Inventory (DSI). Edge Technology's Average Total Inventories for the three months ended in Jan. 2024 was 円0 Mil. Edge Technology's Cost of Goods Sold for the three months ended in Jan. 2024 was 円538 Mil. Hence, Edge Technology's Days Inventory for the three months ended in Jan. 2024 was 0.01.

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

TSE:4268' s Days Inventory Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.04
Current: 0.02

During the past 4 years, Edge Technology's highest Days Inventory was 0.04. The lowest was 0.02. And the median was 0.04.

TSE:4268's Days Inventory is ranked better than
99.74% of 1565 companies
in the Software industry
Industry Median: 19.61 vs TSE:4268: 0.02

Edge Technology's Days Inventory declined from Jan. 2023 (0.02) to Jan. 2024 (0.01).

Inventory Turnover measures how fast the company turns over its inventory within a year. Edge Technology's Inventory Turnover for the three months ended in Jan. 2024 was 6,109.22.

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. Edge Technology's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.00.

Edge Technology Days Inventory Historical Data

The historical data trend for Edge Technology'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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Edge Technology Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

Days Inventory

0.03

0.04

0.03

Edge Technology Quarterly Data
	Apr20	Apr21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory	Get a 7-Day Free Trial							0.02	0.02	0.02	0.02	0.01

Competitive Comparison

For the Software - Infrastructure subindustry, Edge Technology'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.

Edge Technology Days Inventory Distribution

For the Software industry and Technology sector, Edge Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Edge Technology's Days Inventory falls into.

Edge Technology Days Inventory Calculation

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

Edge Technology's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

	Days Inventory (A: Apr. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (0.175	+	0.086)	/	2 )	/	1823.979	*	365
=	0.1305					/	1823.979	*	365
=	0.03

Edge Technology'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
=	( (0.092	+	0.084)	/	2 )	/	537.611	*	365 / 4
=	0.088					/	537.611	*	365 / 4
=	0.01

Edge Technology (TSE:4268) 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.

Edge Technology's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	537.611	/	0.088
	=	6,109.22

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.

Edge Technology's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.088	/	767.61
	=	0.00

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.

Edge Technology Days Inventory Related Terms

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

Edge Technology (TSE:4268) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edge Technology Inc (TSE:4268) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-32-7 Kanda Sudacho, Cress Real Estate Kanda Building 5th Floor, Tokyo, JPN

Website

https://www.edge-tech.co.jp

Edge Technology Inc is engaged in the AI implementation support and big data analysis consulting business.

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