Daito Trust Construction Co (Daito Trust Construction Co) Total Inventories : $601 Mil (As of Dec. 2023)

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What is Daito Trust Construction Co Total Inventories?

Daito Trust Construction Co's total inventories for the quarter that ended in Dec. 2023 was $601 Mil. Daito Trust Construction Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $567 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Daito Trust Construction Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-9.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Daito Trust Construction Co's Days Inventory for the three months ended in Dec. 2023 was 20.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. Daito Trust Construction Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.43.

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. Daito Trust Construction Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.19.

Daito Trust Construction Co Total Inventories Historical Data

The historical data trend for Daito Trust Construction Co's Total Inventories 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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Daito Trust Construction Co Total Inventories Chart

Daito Trust Construction Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Inventories

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193.95

152.57

220.03

374.30

480.86

Daito Trust Construction Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															489.50	480.86	514.70	532.38	601.38

Daito Trust Construction Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Daito Trust Construction Co (OTCPK:DIFTY) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Daito Trust Construction Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1195.411	+	0.75 * 573.81	+	0.5 * 601.383	-	4301.733
-	0	-	20.44)	/	261.236
=	-9.17

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

Daito Trust Construction Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	566.8825	/	2513.309	*	365 / 4
	=	20.58

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Daito Trust Construction Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	2513.309	/	566.8825
	=	4.43

4. 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.

Daito Trust Construction Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	566.8825	/	3005.289
	=	0.19

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Daito Trust Construction Co Total Inventories Related Terms

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Daito Trust Construction Co (Daito Trust Construction Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Daito Trust Construction Co Ltd (OTCPK:DIFTY) » Definitions » Total Inventories

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Traded in Other Exchanges

1878:Japan 1878:Japan 4D7:Germany

Address

2-16-1, Konan, Minato-ku, Tokyo, JPN, 108-8211

Website

http://www.kentaku.co.jp

Daito Trust Construction Co Ltd engages in the design and construction of apartments, condominiums, rental office buildings, factories, and warehouses. Additional activities include tenant recruiting, building maintenance, and contracting arrangements. A Lease Management Trust System sits at the center of Daito's operations. Under this system, business is divided between the construction business and the real estate business. The company plans and proposes building rental businesses to landowners, and then designs and constructs the contracted rental buildings. Daito also recruits tenants for its constructed rental buildings and provides property management and operation services for the buildings.

Daito Trust Construction Co (Daito Trust Construction Co) Headlines

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