GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Asahi Co Ltd (OTCPK:AAHIF) » Definitions » Days Inventory

Asahi Co (Asahi Co) Days Inventory : 157.25 (As of Feb. 2024)


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

What is Asahi Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asahi Co's Average Total Inventories for the three months ended in Feb. 2024 was $96.9 Mil. Asahi Co's Cost of Goods Sold for the three months ended in Feb. 2024 was $56.2 Mil. Hence, Asahi Co's Days Inventory for the three months ended in Feb. 2024 was 157.25.

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

AAHIF' s Days Inventory Range Over the Past 10 Years
Min: 113.75   Med: 138.87   Max: 155.82
Current: 143.29

During the past 13 years, Asahi Co's highest Days Inventory was 155.82. The lowest was 113.75. And the median was 138.87.

AAHIF's Days Inventory is ranked worse than
61.9% of 1071 companies
in the Retail - Cyclical industry
Industry Median: 109.33 vs AAHIF: 143.29

Asahi Co's Days Inventory declined from Feb. 2023 (186.67) to Feb. 2024 (157.25).

Inventory Turnover measures how fast the company turns over its inventory within a year. Asahi Co's Inventory Turnover for the three months ended in Feb. 2024 was 0.58.

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. Asahi Co's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.88.


Asahi Co Days Inventory Historical Data

The historical data trend for Asahi 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.

Asahi Co Days Inventory Chart

Asahi Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.15 125.65 144.36 166.56 159.63

Asahi Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Inventory Get a 7-Day Free Trial 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 186.67 116.62 169.89 147.98 157.25

Competitive Comparison of Asahi Co's Days Inventory

For the Specialty Retail subindustry, Asahi 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.


Asahi Co's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Asahi Co's Days Inventory distribution charts can be found below:

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



Asahi Co Days Inventory Calculation

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

Asahi Co's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

Days Inventory (A: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (136.729 + 101.624) / 2 ) / 272.507*365
=119.1765 / 272.507*365
=159.63

Asahi Co's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (92.126 + 101.624) / 2 ) / 56.217*365 / 4
=96.875 / 56.217*365 / 4
=157.25

* 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.


Asahi Co  (OTCPK:AAHIF) 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.

Asahi Co's Inventory Turnover for the three months ended in Feb. 2024 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.

Asahi Co's Inventory to Revenue for the three months ended in Feb. 2024 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.


Asahi Co Days Inventory Related Terms

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


Asahi Co (Asahi Co) Business Description

Traded in Other Exchanges
Address
3-11-4 Takakura-cho, Miyakojima-ku, Osaka, JPN
Asahi Co Ltd is a Japan based company engages in the sale of bicycles, parts and accessories. It offers a range of bicycle products include ordinary bicycles, sports bicycles, children bicycles, electric bicycles and foldable bicycles.

Asahi Co (Asahi Co) Headlines

No Headlines