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West Japan Railway Co (TSE:9021) Days Inventory

: 54.83 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). West Japan Railway Co's Average Total Inventories for the three months ended in Dec. 2023 was 円182,832 Mil. West Japan Railway Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円304,302 Mil. Hence, West Japan Railway Co's Days Inventory for the three months ended in Dec. 2023 was 54.83.

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

TSE:9021' s Days Inventory Range Over the Past 10 Years
Min: 14.77   Med: 31.76   Max: 52.67
Current: 52.67

During the past 13 years, West Japan Railway Co's highest Days Inventory was 52.67. The lowest was 14.77. And the median was 31.76.

TSE:9021's Days Inventory is ranked worse than
85.44% of 783 companies
in the Transportation industry
Industry Median: 11.57 vs TSE:9021: 52.67

West Japan Railway Co's Days Inventory declined from Dec. 2022 (59.61) to Dec. 2023 (54.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. West Japan Railway Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.66.

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. West Japan Railway Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.43.


West Japan Railway Co Days Inventory Historical Data

The historical data trend for West Japan Railway 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.

West Japan Railway 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 33.34 35.84 43.15 48.92 48.44

West Japan Railway 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 59.61 44.95 54.76 53.71 54.83

Competitive Comparison

For the Railroads subindustry, West Japan Railway 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.


West Japan Railway Co Days Inventory Distribution

For the Transportation industry and Industrials sector, West Japan Railway Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where West Japan Railway Co's Days Inventory falls into.



West Japan Railway Co Days Inventory Calculation

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

West Japan Railway 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
=( (145884 + 153234) / 2 ) / 1126833*365
=149559 / 1126833*365
=48.44

West Japan Railway 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
=( (179609 + 186055) / 2 ) / 304302*365 / 4
=182832 / 304302*365 / 4
=54.83

* 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.


West Japan Railway Co  (TSE:9021) 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.

West Japan Railway 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.

West Japan Railway 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.


West Japan Railway Co Days Inventory Related Terms

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


West Japan Railway Co (TSE:9021) Business Description

Traded in Other Exchanges
Address
4-24, Shibata 2-chome, Kita-ku, Osaka, JPN, 530-8341
West Japan Railway, or JR West, is the main railway operator in Western Japan, headquartered in Osaka. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987. Its main assets are the Sanyo Shinkansen, which stretches from Osaka to Fukuoka, and the urban rail network in the Osaka-Kobe-Kyoto metropolitan area. Its nearly 5,000 kilometers of rail track covers a third of Japan's population and a fifth of its land area. Rail operations contribute more than half of revenue, with most of the balance from retail operations, real estate investments, travel agencies, and hotels.

West Japan Railway Co (TSE:9021) Headlines

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