Days Inventory is also known as Days Sales of Inventory (DSI). Takamisawa Co's Average Total Inventories for the
three
months ended in Dec. 2023 was 円4,123 Mil. Takamisawa Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was 円16,271 Mil.
Hence, Takamisawa Co's Days Inventory for the
three
months ended in Dec. 2023 was 23.12.
The historical rank and industry rank for Takamisawa Co's Days Inventory or its related term are showing as below:
TSE:5283'
s Days Inventory Range Over the Past 10 Years
Min: 14.06 Med: 20.48 Max: 24.16
Current: 24.16
During the past 13 years, Takamisawa Co's highest Days Inventory was 24.16. The lowest was 14.06. And the median was 20.48.
TSE:5283's Days Inventory is ranked better than 89.4% of 368
companies
in the Building Materials industry
Industry Median: 83.49
vs TSE:5283: 24.16
Takamisawa Co's Days Inventory
increased
from Dec. 2022 (21.21) to Dec. 2023 (23.12).
It might indicate that Takamisawa Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Takamisawa Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 3.95.
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.
Takamisawa Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.21.
Takamisawa Co Days Inventory Historical Data
The historical data trend for Takamisawa 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 Takamisawa Co's Days Inventory
For the Building Materials subindustry, Takamisawa 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.
Takamisawa Co's Days Inventory Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Takamisawa Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Takamisawa Co's Days Inventory falls into.
Takamisawa Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Takamisawa Co's Days Inventory for the fiscal year that ended in Jun. 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.
Takamisawa Co (TSE:5283) 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.
Takamisawa 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.
Takamisawa 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.
Takamisawa Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Takamisawa Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Takamisawa Co Ltd is a Japanese based company operating in the businesses of construction, electrical construction material, car life, and housing and lifestyle. In the Construction business, the company manufactures and sells secondary concrete products, ready-mixed concrete, sand, gravel, and cement. It is also engaged in the civil engineering and construction, and infrastructure development of mansion, ports and harbors, among others.
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