Tokyo Electron (TSE:8035) Days Inventory

: 288.35 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Tokyo Electron's Average Total Inventories for the three months ended in Dec. 2023 was 円763,290 Mil. Tokyo Electron's Cost of Goods Sold for the three months ended in Dec. 2023 was 円241,549 Mil. Hence, Tokyo Electron's Days Inventory for the three months ended in Dec. 2023 was 288.35.

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

TSE:8035' s Days Inventory Range Over the Past 10 Years
Min: 135.21 Med: 168.63 Max: 253.52
Current: 253.52

During the past 13 years, Tokyo Electron's highest Days Inventory was 253.52. The lowest was 135.21. And the median was 168.63.

TSE:8035's Days Inventory is ranked worse than
80.34% of 941 companies
in the Semiconductors industry
Industry Median: 131.11 vs TSE:8035: 253.52

Tokyo Electron's Days Inventory increased from Dec. 2022 (204.86) to Dec. 2023 (288.35). It might indicate that Tokyo Electron's sales slowed down.

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. Tokyo Electron's Inventory Turnover for the three months ended in Dec. 2023 was 0.32.

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. Tokyo Electron's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.65.

Tokyo Electron Days Inventory Historical Data

The historical data trend for Tokyo Electron'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.

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Tokyo Electron Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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169.45

201.67

176.65

148.61

167.81

Tokyo Electron 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															204.86	191.11	272.19	280.75	288.35

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Tokyo Electron'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.

Tokyo Electron Days Inventory Distribution

For the Semiconductors industry and Technology sector, Tokyo Electron's Days Inventory distribution charts can be found below:

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

Tokyo Electron Days Inventory Calculation

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

Tokyo Electron'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
=	( (473844	+	652207)	/	2 )	/	1224617	*	365
=	563025.5					/	1224617	*	365
=	167.81

Tokyo Electron'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
=	( (748540	+	778039)	/	2 )	/	241549	*	365 / 4
=	763289.5					/	241549	*	365 / 4
=	288.35

Tokyo Electron (TSE:8035) 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.

Tokyo Electron's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	241549	/	763289.5
	=	0.32

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.

Tokyo Electron's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	763289.5	/	463662
	=	1.65

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.

Tokyo Electron Days Inventory Related Terms

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

Tokyo Electron (TSE:8035) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tokyo Electron Ltd (TSE:8035) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

TOELY:USA TOELF:USA TKY:Germany

Address

Akasaka Biz Tower, 3-1 Akasaka 5-chome, Minato-ku, Tokyo, JPN, 107-6325

Website

http://www.tel.co.jp

Tokyo Electron is a major vendor of semiconductor fabrication tools. It operates primarily in the etch, deposition, and clean segments, which involve adding and removing materials to and from semiconductor wafers. Customers include leading-edge logic, foundry, and memory chipmakers such as Intel, TSMC, Micron, and Samsung.

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