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AMADA Co (TSE:6113) Days Inventory

: 256.95 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). AMADA Co's Average Total Inventories for the three months ended in Dec. 2023 was 円156,873 Mil. AMADA Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円55,709 Mil. Hence, AMADA Co's Days Inventory for the three months ended in Dec. 2023 was 256.95.

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

TSE:6113' s Days Inventory Range Over the Past 10 Years
Min: 164.97   Med: 189.66   Max: 244.26
Current: 244.26

During the past 13 years, AMADA Co's highest Days Inventory was 244.26. The lowest was 164.97. And the median was 189.66.

TSE:6113's Days Inventory is ranked worse than
83.96% of 2905 companies
in the Industrial Products industry
Industry Median: 120.49 vs TSE:6113: 244.26

AMADA Co's Days Inventory increased from Dec. 2022 (235.31) to Dec. 2023 (256.95). It might indicate that AMADA Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AMADA Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.36.

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. AMADA Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.60.


AMADA Co Days Inventory Historical Data

The historical data trend for AMADA 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.

AMADA Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 174.30 196.42 219.92 187.23 209.11

AMADA 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 235.31 199.88 278.70 255.35 256.95

Competitive Comparison

For the Specialty Industrial Machinery subindustry, AMADA 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.


AMADA Co Days Inventory Distribution

For the Industrial Products industry and Industrials sector, AMADA Co's Days Inventory distribution charts can be found below:

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



AMADA Co Days Inventory Calculation

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

AMADA 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
=( (101885 + 134536) / 2 ) / 206332*365
=118210.5 / 206332*365
=209.11

AMADA 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
=( (157161 + 156584) / 2 ) / 55709*365 / 4
=156872.5 / 55709*365 / 4
=256.95

* 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.


AMADA Co  (TSE:6113) 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.

AMADA 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.

AMADA 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.


AMADA Co Days Inventory Related Terms

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


AMADA Co (TSE:6113) Business Description

Traded in Other Exchanges
Address
200, Ishida, Kanagawa Prefecture, Isehara, JPN, 259-1196
AMADA Co Ltd manufactures and sells metalworking machinery and tools for customers in many business areas. Its heavy equipment fabricates, cuts, and welds different metals for customized and standard solutions. In addition, the company offers stamping press machines, multiprocess centers, and grinding machines to develop various tools.

AMADA Co (TSE:6113) Headlines

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