Seino Holdings Co (NGO:9076) Days Inventory : 11.10 (As of Dec. 2023)

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What is Seino Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Seino Holdings Co's Average Total Inventories for the three months ended in Dec. 2023 was 円18,153 Mil. Seino Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円149,285 Mil. Hence, Seino Holdings Co's Days Inventory for the three months ended in Dec. 2023 was 11.10.

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

NGO:9076' s Days Inventory Range Over the Past 10 Years
Min: 6.28 Med: 8.67 Max: 10.57
Current: 10.57

During the past 13 years, Seino Holdings Co's highest Days Inventory was 10.57. The lowest was 6.28. And the median was 8.67.

NGO:9076's Days Inventory is ranked better than
52.96% of 778 companies
in the Transportation industry
Industry Median: 11.545 vs NGO:9076: 10.57

Seino Holdings Co's Days Inventory increased from Dec. 2022 (7.33) to Dec. 2023 (11.10). It might indicate that Seino Holdings Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Seino Holdings Co's Inventory Turnover for the three months ended in Dec. 2023 was 8.22.

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. Seino Holdings Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.11.

Seino Holdings Co Days Inventory Historical Data

The historical data trend for Seino Holdings 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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Seino Holdings Co Days Inventory Chart

Seino Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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9.37

8.88

9.48

8.44

9.08

Seino Holdings Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															7.33	9.45	10.82	11.64	11.10

Competitive Comparison of Seino Holdings Co's Days Inventory

For the Trucking subindustry, Seino Holdings 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.

Seino Holdings Co's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Seino Holdings Co's Days Inventory distribution charts can be found below:

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

Seino Holdings Co Days Inventory Calculation

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

Seino Holdings Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (11236	+	16388)	/	2 )	/	554998	*	365
=	13812					/	554998	*	365
=	9.08

Seino Holdings Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (18359	+	17946)	/	2 )	/	149285	*	365 / 4
=	18152.5					/	149285	*	365 / 4
=	11.10

Seino Holdings Co (NGO:9076) 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.

Seino Holdings Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	149285	/	18152.5
	=	8.22

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.

Seino Holdings Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18152.5	/	171257
	=	0.11

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.

Seino Holdings Co Days Inventory Related Terms

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

Seino Holdings Co (NGO:9076) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Seino Holdings Co Ltd (NGO:9076) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

9076:Japan

Address

1 Taguchi-cho, Ogaki, Gifu, JPN, 503-8501

Website

http://www.seino.co.jp

Seino Holdings Co Ltd is a group of companies carrying out most of its operations through the Transportation segment. It utilizes lorries, airways, and waterways for the delivery of small commercial cargo and freight forwarding. Its secondary business segments include Automobile Sales, Merchandise Sales such as fuel and paper and Real Estate Leasing. Furthermore, it is involved in miscellaneous businesses such as advertising agencies, the operation of taxis and building construction. Seino Holdings collaborates with its subsidiaries and conducts the bulk of its business in Japan and to a lesser extent on foreign land.

Seino Holdings Co (NGO:9076) Headlines

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