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Inter Action (Inter Action) Days Inventory : 217.92 (As of Feb. 2024)


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What is Inter Action Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Inter Action's Average Total Inventories for the three months ended in Feb. 2024 was $17.71 Mil. Inter Action's Cost of Goods Sold for the three months ended in Feb. 2024 was $7.42 Mil. Hence, Inter Action's Days Inventory for the three months ended in Feb. 2024 was 217.92.

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

IACYF' s Days Inventory Range Over the Past 10 Years
Min: 56.18   Med: 107.95   Max: 237.42
Current: 237.42

During the past 13 years, Inter Action's highest Days Inventory was 237.42. The lowest was 56.18. And the median was 107.95.

IACYF's Days Inventory is ranked worse than
85.51% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs IACYF: 237.42

Inter Action's Days Inventory declined from Feb. 2023 (253.67) to Feb. 2024 (217.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Inter Action's Inventory Turnover for the three months ended in Feb. 2024 was 0.42.

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. Inter Action's Inventory-to-Revenue for the three months ended in Feb. 2024 was 1.39.


Inter Action Days Inventory Historical Data

The historical data trend for Inter Action'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.

Inter Action Days Inventory Chart

Inter Action Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 119.75 149.92 169.52 197.87 240.42

Inter Action 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 253.67 234.20 212.71 320.23 217.92

Competitive Comparison of Inter Action's Days Inventory

For the Electronic Components subindustry, Inter Action'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.


Inter Action's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Inter Action's Days Inventory distribution charts can be found below:

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



Inter Action Days Inventory Calculation

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

Inter Action's Days Inventory for the fiscal year that ended in May. 2023 is calculated as

Days Inventory (A: May. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2022 ) + Total Inventories (A: May. 2023 )) / count ) / Cost of Goods Sold (A: May. 2023 )*Days in Period
=( (14.662 + 19.274) / 2 ) / 25.76*365
=16.968 / 25.76*365
=240.42

Inter Action'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
=( (17.543 + 17.879) / 2 ) / 7.416*365 / 4
=17.711 / 7.416*365 / 4
=217.92

* 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.


Inter Action  (OTCPK:IACYF) 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.

Inter Action'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.

Inter Action'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.


Inter Action Days Inventory Related Terms

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


Inter Action (Inter Action) Business Description

Traded in Other Exchanges
Address
1-1, Fukuura, Kanazawa-ku, Yokohama-shi, Kanagawa-ken, JPN, 236-0004
Inter Action Corp is engaged in IoT related business, environmental energy business which include drying and deodorizing equipment for exhaust gas treatment equipment, and industry 4.0 promotion project which include precision anti-vibration device, 3D modelling design, and gear testing machine.

Inter Action (Inter Action) Headlines

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