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Subaru (TSE:7270) Days Inventory

: 59.96 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Subaru's Average Total Inventories for the three months ended in Dec. 2023 was 円640,284 Mil. Subaru's Cost of Goods Sold for the three months ended in Dec. 2023 was 円974,450 Mil. Hence, Subaru's Days Inventory for the three months ended in Dec. 2023 was 59.96.

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

TSE:7270' s Days Inventory Range Over the Past 10 Years
Min: 44.33   Med: 51.06   Max: 73.48
Current: 63.05

During the past 13 years, Subaru's highest Days Inventory was 73.48. The lowest was 44.33. And the median was 51.06.

TSE:7270's Days Inventory is ranked better than
64.81% of 1256 companies
in the Vehicles & Parts industry
Industry Median: 81.885 vs TSE:7270: 63.05

Subaru's Days Inventory declined from Dec. 2022 (64.47) to Dec. 2023 (59.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. Subaru's Inventory Turnover for the three months ended in Dec. 2023 was 1.52.

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. Subaru's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.50.


Subaru Days Inventory Historical Data

The historical data trend for Subaru'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.

Subaru 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 49.98 57.75 68.62 73.48 64.64

Subaru 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 64.47 68.06 61.88 64.67 59.96

Competitive Comparison

For the Auto Manufacturers subindustry, Subaru'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.


Subaru Days Inventory Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Subaru's Days Inventory distribution charts can be found below:

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



Subaru Days Inventory Calculation

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

Subaru'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
=( (483113 + 592999) / 2 ) / 3037993*365
=538056 / 3037993*365
=64.64

Subaru'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
=( (663544 + 617024) / 2 ) / 974450*365 / 4
=640284 / 974450*365 / 4
=59.96

* 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.


Subaru  (TSE:7270) 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.

Subaru'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.

Subaru'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.


Subaru Days Inventory Related Terms

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


Subaru (TSE:7270) Business Description

Traded in Other Exchanges
Address
Ebisu Subaru Building, 1-20-8, Ebisu, Shibuya-ku, Tokyo, JPN, 150-8554
Subaru Corp is a Japan-based company engaged in the automobile manufacturing business. The company is split into three segments: Automotive Business Unit, Aerospace Company, and Other Businesses. The Automotive Business, which constitutes the vast majority of the company's revenue, manufactures, repairs, and sells passenger cars and their components under the Subaru brand. The Aerospace Company includes airplanes and aerospace-related machinery and components. The Other Businesses segment consists of Industrial product, and real estate lease, among others. A vast majority of the sales is derived from North America.

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