AJINY (Ajinomoto Co) Days Inventory : 115.16 (As of Sep. 2024)

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What is Ajinomoto Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ajinomoto Co's Average Total Inventories for the three months ended in Sep. 2024 was $2,126 Mil. Ajinomoto Co's Cost of Goods Sold for the three months ended in Sep. 2024 was $1,684 Mil. Hence, Ajinomoto Co's Days Inventory for the three months ended in Sep. 2024 was 115.16.

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

AJINY' s Days Inventory Range Over the Past 10 Years
Min: 86.47 Med: 95.69 Max: 114.65
Current: 114.65

During the past 13 years, Ajinomoto Co's highest Days Inventory was 114.65. The lowest was 86.47. And the median was 95.69.

AJINY's Days Inventory is ranked worse than
67.64% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 81.87 vs AJINY: 114.65

Ajinomoto Co's Days Inventory declined from Sep. 2023 (125.08) to Sep. 2024 (115.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ajinomoto Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.79.

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. Ajinomoto Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.80.

Ajinomoto Co Days Inventory Historical Data

The historical data trend for Ajinomoto 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.

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Ajinomoto Co Days Inventory Chart

Ajinomoto Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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93.82

101.23

107.25

106.18

115.97

Ajinomoto Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															125.08	114.85	111.94	118.94	115.16

Competitive Comparison of Ajinomoto Co's Days Inventory

For the Packaged Foods subindustry, Ajinomoto 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.

Ajinomoto Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ajinomoto Co's Days Inventory distribution charts can be found below:

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

Ajinomoto Co Days Inventory Calculation

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

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

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (2018.654	+	1916.464)	/	2 )	/	6192.709	*	365
=	1967.559					/	6192.709	*	365
=	115.97

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

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	2125.712)	/	1 )	/	1684.395	*	365 / 4
=	2125.712					/	1684.395	*	365 / 4
=	115.16

Ajinomoto Co (OTCPK:AJINY) 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.

Ajinomoto Co's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1684.395	/	2125.712
	=	0.79

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.

Ajinomoto Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2125.712	/	2649.398
	=	0.80

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.

Ajinomoto Co Days Inventory Related Terms

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

Ajinomoto Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ajinomoto Co Inc (OTCPK:AJINY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

2802:Japan AJI:Germany

Address

15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, JPN, 104-8315

Website

http://www.ajinomoto.co.jp

Ajinomoto Co Inc is Japan's food company specializing in amino acids and seasonings derived from amino acid fermentation technologies. It also produces processed foods including dry soup mixes, frozen foods, and beverage products. Apart from the consumer business, it is a key supplier of MSG and nucleotides to world-wide food manufacturers including Nestle. The food business represents nearly three fourths of group sales and 80%-plus of profits with nearly two thirds generated overseas. Healthcare and function materials (mainly Ajinomoto build-up film, or ABF), the key growth drivers through 2030, make up the balance of its business portfolio. The nonfood businesses are expected to contribute half of the group profits by 2030, boosted by ABF and CDMO growth.