Days Inventory is also known as Days Sales of Inventory (DSI). Honma Golf's Average Total Inventories for the
six
months ended in Sep. 2023 was $83.9 Mil. Honma Golf's Cost of Goods Sold for the
six
months ended in Sep. 2023 was $42.7 Mil.
Hence, Honma Golf's Days Inventory for the
six
months ended in Sep. 2023 was 358.17.
The historical rank and industry rank for Honma Golf's Days Inventory or its related term are showing as below:
HNMGF'
s Days Inventory Range Over the Past 10 Years
Min: 223.91 Med: 291.36 Max: 374.44
Current: 319.25
During the past 10 years, Honma Golf's highest Days Inventory was 374.44. The lowest was 223.91. And the median was 291.36.
HNMGF's Days Inventory is ranked worse than 91.36% of 671
companies
in the Travel & Leisure industry
Industry Median: 34.93
vs HNMGF: 319.25
Honma Golf's Days Inventory
increased
from Sep. 2022 (347.01) to Sep. 2023 (358.17).
It might indicate that Honma Golf's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Honma Golf's Inventory Turnover for the
six
months ended in Sep. 2023 was 0.51.
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.
Honma Golf's Inventory-to-Revenue for the
six
months ended in Sep. 2023 was 0.94.
Honma Golf Days Inventory Historical Data
The historical data trend for Honma Golf'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.
Competitive Comparison of Honma Golf's Days Inventory
For the Leisure subindustry, Honma Golf'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.
Honma Golf's Days Inventory Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Honma Golf's Days Inventory distribution charts can be found below:
* The bar in red indicates where Honma Golf's Days Inventory falls into.
Honma Golf Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Honma Golf's Days Inventory for the fiscal year that ended in Mar. 2023 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.
Honma Golf (OTCPK:HNMGF) 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.
Honma Golf's Inventory Turnover for the
six
months ended in Sep. 2023 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.
Honma Golf's Inventory to Revenue for the
six
months ended in Sep. 2023 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.
Honma Golf Days Inventory Related Terms
Thank you for viewing the detailed overview of Honma Golf's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Honma Golf Ltd is an investment holding company. It is engaged in the design, manufacturing, and sale of golf-related products and the rendering of services relating to such products. Geographically, it derives a majority of revenue from Japan and also has a presence in Korea, China, North America, Europe, and the Rest of the world. The group currently offers golf clubs mainly under three major product families, namely BERES, TOUR WORLD and Be ZEAL.
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