Panasonic Holdings (WBO:MAT1) Days Inventory

: 79.53 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Panasonic Holdings's Average Total Inventories for the three months ended in Dec. 2023 was €8,430 Mil. Panasonic Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was €9,673 Mil. Hence, Panasonic Holdings's Days Inventory for the three months ended in Dec. 2023 was 79.53.

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

WBO:MAT1' s Days Inventory Range Over the Past 10 Years
Min: 49.76 Med: 59.96 Max: 81.94
Current: 81.94

During the past 13 years, Panasonic Holdings's highest Days Inventory was 81.94. The lowest was 49.76. And the median was 59.96.

WBO:MAT1's Days Inventory is ranked better than
62.81% of 2404 companies
in the Hardware industry
Industry Median: 104.035 vs WBO:MAT1: 81.94

Panasonic Holdings's Days Inventory declined from Dec. 2022 (81.76) to Dec. 2023 (79.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. Panasonic Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 1.15.

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. Panasonic Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.61.

Panasonic Holdings Days Inventory Historical Data

The historical data trend for Panasonic Holdings'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 62.55 [6] => 60.03 [7] => 65.51 [8] => 67.85 [9] => 75.48 )

Panasonic Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

62.55

60.03

65.51

67.85

75.48

Panasonic Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																81.76	79.36	87.30	85.40	79.53

Competitive Comparison

For the Consumer Electronics subindustry, Panasonic Holdings'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.

Panasonic Holdings Days Inventory Distribution

For the Hardware industry and Technology sector, Panasonic Holdings's Days Inventory distribution charts can be found below:

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

Panasonic Holdings Days Inventory Calculation

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

Panasonic Holdings'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
=	( (8673.313	+	9005.347)	/	2 )	/	42746.937	*	365
=	8839.33					/	42746.937	*	365
=	75.48

Panasonic Holdings'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
=	( (8590.15	+	8270.142)	/	2 )	/	9672.58	*	365 / 4
=	8430.146					/	9672.58	*	365 / 4
=	79.53

Panasonic Holdings (WBO:MAT1) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9672.58	/	8430.146
	=	1.15

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8430.146	/	13889.762
	=	0.61

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.

Panasonic Holdings Days Inventory Related Terms

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

Panasonic Holdings (WBO:MAT1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Panasonic Holdings Corp (WBO:MAT1) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

PCRFY:USA PCRFF:USA 6752:Japan MAT1:Germany

Address

1006, Oaza Kadoma, Kadoma-shi, Osaka, JPN, 571-8501

Website

https://holdings.panasonic

Panasonic Holdings is a conglomerate that has diversified from its consumer electronics roots. It has five main business units: lifestyle (white appliances and housing products); automotive (cockpit systems); connect (BtoB businesses); industry (FA products, electronic materials, and devices); and energy (rechargeable batteries). After the crisis in 2012, former president Kazuhiro Tsuga has focused on shifting the business portfolio to increase the proportion of B2B businesses to mitigate the tough competition in consumer electronics products.

Panasonic Holdings (WBO:MAT1) Headlines

No Headlines