GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Taisei Corp (FRA:TKK1) » Definitions » Days Inventory

Taisei (FRA:TKK1) Days Inventory : 59.20 (As of Sep. 2024)


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

What is Taisei Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Taisei's Average Total Inventories for the three months ended in Sep. 2024 was €1,833 Mil. Taisei's Cost of Goods Sold for the three months ended in Sep. 2024 was €2,825 Mil. Hence, Taisei's Days Inventory for the three months ended in Sep. 2024 was 59.20.

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

FRA:TKK1' s Days Inventory Range Over the Past 10 Years
Min: 36.53   Med: 45.93   Max: 55.46
Current: 55.46

During the past 13 years, Taisei's highest Days Inventory was 55.46. The lowest was 36.53. And the median was 45.93.

FRA:TKK1's Days Inventory is ranked worse than
53.25% of 1444 companies
in the Construction industry
Industry Median: 48.145 vs FRA:TKK1: 55.46

Taisei's Days Inventory declined from Sep. 2023 (63.36) to Sep. 2024 (59.20).

Inventory Turnover measures how fast the company turns over its inventory within a year. Taisei's Inventory Turnover for the three months ended in Sep. 2024 was 1.54.

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. Taisei's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.59.


Taisei Days Inventory Historical Data

The historical data trend for Taisei'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.

Taisei Days Inventory Chart

Taisei Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.55 50.89 46.35 47.36 53.95

Taisei 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 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 63.36 67.45 44.46 58.19 59.20

Competitive Comparison of Taisei's Days Inventory

For the Engineering & Construction subindustry, Taisei'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.


Taisei's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Taisei's Days Inventory distribution charts can be found below:

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



Taisei Days Inventory Calculation

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

Taisei'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
=( (1419.193 + 1553.839) / 2 ) / 10056.249*365
=1486.516 / 10056.249*365
=53.95

Taisei'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 + 1832.575) / 1 ) / 2824.579*365 / 4
=1832.575 / 2824.579*365 / 4
=59.20

* 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.


Taisei  (FRA:TKK1) 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.

Taisei's Inventory Turnover for the three months ended in Sep. 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.

Taisei's Inventory to Revenue for the three months ended in Sep. 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.


Taisei Days Inventory Related Terms

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


Taisei Business Description

Traded in Other Exchanges
Address
Shinjuku Center Building, 1-25-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0606
Taisei Corp provides civil engineering and building development services in many different areas. It enters contracts to develop and enhance urbanization in designated regions. The company has four operating segments: civil engineering (majority of total revenue), building construction, real estate development, and other. It participates in all phases of project development, including planning, design, construction, and aftermarket services. Multiple projects are conducted simultaneously as the company showcases its expansive network and technical know-how. Taisei's projects range from traffic infrastructure and tunnels to airport facilities and high-rise building offices. Customers in Japan account for majority of total sales.

Taisei Headlines

No Headlines