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Toyo Shutter Co (TSE:5936) Days Inventory : 57.99 (As of Dec. 2023)


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What is Toyo Shutter Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Toyo Shutter Co's Average Total Inventories for the three months ended in Dec. 2023 was 円2,562 Mil. Toyo Shutter Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円4,031 Mil. Hence, Toyo Shutter Co's Days Inventory for the three months ended in Dec. 2023 was 57.99.

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

TSE:5936' s Days Inventory Range Over the Past 10 Years
Min: 41.71   Med: 43.36   Max: 57.86
Current: 57.86

During the past 13 years, Toyo Shutter Co's highest Days Inventory was 57.86. The lowest was 41.71. And the median was 43.36.

TSE:5936's Days Inventory is ranked worse than
54.74% of 1392 companies
in the Construction industry
Industry Median: 48.8 vs TSE:5936: 57.86

Toyo Shutter Co's Days Inventory declined from Dec. 2022 (58.13) to Dec. 2023 (57.99).

Inventory Turnover measures how fast the company turns over its inventory within a year. Toyo Shutter Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.57.

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. Toyo Shutter Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.46.


Toyo Shutter Co Days Inventory Historical Data

The historical data trend for Toyo Shutter 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.

Toyo Shutter Co Days Inventory Chart

Toyo Shutter Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.51 42.90 48.75 50.14 53.21

Toyo Shutter 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 58.13 53.82 59.19 58.37 57.99

Competitive Comparison of Toyo Shutter Co's Days Inventory

For the Building Products & Equipment subindustry, Toyo Shutter 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.


Toyo Shutter Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Toyo Shutter Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Toyo Shutter Co's Days Inventory falls into.



Toyo Shutter Co Days Inventory Calculation

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

Toyo Shutter Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (2125.576 + 2437.686) / 2 ) / 15651.512*365
=2281.631 / 15651.512*365
=53.21

Toyo Shutter 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
=( (2511.337 + 2612.379) / 2 ) / 4031*365 / 4
=2561.858 / 4031*365 / 4
=57.99

* 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.


Toyo Shutter Co  (TSE:5936) 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.

Toyo Shutter 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.

Toyo Shutter 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.


Toyo Shutter Co Days Inventory Related Terms

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


Toyo Shutter Co (TSE:5936) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Building 12F Minamisenba Minamisenba 2-chome, Osaka, JPN
Toyo Shutter Co Ltd is engaged in the manufacture, installation, and sale of various shutters and other building fittings and building materials, production, installation and sale of disaster prevention and crime prevention equipment, and development of computer software and sales of computer equipment.

Toyo Shutter Co (TSE:5936) Headlines

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