Days Inventory is also known as Days Sales of Inventory (DSI). Fitworks Co's Average Total Inventories for the
six
months ended in Nov. 2024 was 円204 Mil. Fitworks Co's Cost of Goods Sold for the
six
months ended in Nov. 2024 was 円879 Mil.
Hence, Fitworks Co's Days Inventory for the
six
months ended in Nov. 2024 was 42.28.
The historical rank and industry rank for Fitworks Co's Days Inventory or its related term are showing as below:
TSE:5037'
s Days Inventory Range Over the Past 10 Years
Min: 21.28 Med: 39.12 Max: 59.82
Current: 42.49
During the past 5 years, Fitworks Co's highest Days Inventory was 59.82. The lowest was 21.28. And the median was 39.12.
TSE:5037's Days Inventory is not ranked
in the Software industry.
Industry Median: 22.02
vs TSE:5037: 42.49
Fitworks Co's Days Inventory
declined
from Nov. 2023 (58.97) to Nov. 2024 (42.28).
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.
Fitworks Co's Inventory Turnover for the
six
months ended in Nov. 2024 was 4.32.
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.
Fitworks Co's Inventory-to-Revenue for the
six
months ended in Nov. 2024 was 0.17.
Fitworks Co Days Inventory Historical Data
The historical data trend for Fitworks 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 Fitworks Co's Days Inventory
For the Information Technology Services subindustry, Fitworks 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.
Fitworks Co's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, Fitworks Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Fitworks Co's Days Inventory falls into.
* 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.
Fitworks Co (TSE:5037) 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.
Fitworks Co's Inventory Turnover for the
six
months ended in Nov. 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.
Fitworks Co's Inventory to Revenue for the
six
months ended in Nov. 2024 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.
Fitworks Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Fitworks Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Fitworks Co Ltd is an information technology vendor that provides one-stop services from software development and network infrastructure construction to operations for businesses. The various services offered by the company to its clients include network infrastructure construction services, on-site and remote maintenance services for infrastructure, development of security package systems to deal with information protection regulations and cyber attacks, and others. In addition, it also offers packaged products of business support systems such as Fit Smart Trans (file transfer system), Rampart (internet isolation system), Fit Smart Links (user management system), and Fit Smart Support (asset management system) to cater to the different needs of hospitals, government offices, etc.
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