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EM Systems Co (TSE:4820) Days Inventory

: 40.75 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). EM Systems Co's Average Total Inventories for the three months ended in Dec. 2023 was 円1,192 Mil. EM Systems Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,668 Mil. Hence, EM Systems Co's Days Inventory for the three months ended in Dec. 2023 was 40.75.

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

TSE:4820' s Days Inventory Range Over the Past 10 Years
Min: 7.97   Med: 10.69   Max: 47.34
Current: 47.34

During the past 13 years, EM Systems Co's highest Days Inventory was 47.34. The lowest was 7.97. And the median was 10.69.

TSE:4820's Days Inventory is ranked worse than
62.69% of 469 companies
in the Healthcare Providers & Services industry
Industry Median: 31.81 vs TSE:4820: 47.34

EM Systems Co's Days Inventory increased from Dec. 2022 (33.24) to Dec. 2023 (40.75). It might indicate that EM Systems 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. EM Systems Co's Inventory Turnover for the three months ended in Dec. 2023 was 2.24.

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. EM Systems Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.23.


EM Systems Co Days Inventory Historical Data

The historical data trend for EM Systems 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.

EM Systems Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.68 9.38 9.03 21.59 37.41

EM Systems 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 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 Premium Member Only Premium Member Only Premium Member Only 33.24 57.81 55.17 45.56 40.75

Competitive Comparison

For the Health Information Services subindustry, EM Systems 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.


EM Systems Co Days Inventory Distribution

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

* The bar in red indicates where EM Systems Co's Days Inventory falls into.



EM Systems Co Days Inventory Calculation

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

EM Systems Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (688 + 1084) / 2 ) / 8644*365
=886 / 8644*365
=37.41

EM Systems 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
=( (1247 + 1136) / 2 ) / 2668*365 / 4
=1191.5 / 2668*365 / 4
=40.75

* 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.


EM Systems Co  (TSE:4820) 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.

EM Systems 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.

EM Systems 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.


EM Systems Co Days Inventory Related Terms

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


EM Systems Co (TSE:4820) Business Description

Traded in Other Exchanges
Address
Osaka Miyahara 1-chome, sixth No. 1 Shin-Osaka brick building, Yodogawa-ku, Osaka, JPN, 532-0003
EM Systems Co Ltd is a Japan-based company. Along with its subsidiaries, the firm is engaged in the development, sales, and maintenance of computer software for medical business. It operates its business in three divisions Dispensing system business develops and sells systems for pharmacies. Medical system business develops and sells medical office processing computer system for medical institutions, mainly clinics, and provides supplementary supply and maintenance service. Other business division develops, sell and maintain maintenance service for medical care nursing collaboration solutions and systems for nursing care service providers.

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