Days Inventory is also known as Days Sales of Inventory (DSI). Toho Gas Co's Average Total Inventories for the
three
months ended in Dec. 2023 was $272 Mil. Toho Gas Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $787 Mil.
Hence, Toho Gas Co's Days Inventory for the
three
months ended in Dec. 2023 was 31.53.
The historical rank and industry rank for Toho Gas Co's Days Inventory or its related term are showing as below:
THOGF'
s Days Inventory Range Over the Past 10 Years
Min: 20.34 Med: 24.91 Max: 28.63
Current: 28.63
During the past 13 years, Toho Gas Co's highest Days Inventory was 28.63. The lowest was 20.34. And the median was 24.91.
THOGF's Days Inventory is ranked worse than 59.31% of 462
companies
in the Utilities - Regulated industry
Industry Median: 22.91
vs THOGF: 28.63
Toho Gas Co's Days Inventory
declined
from Dec. 2022 (33.02) to Dec. 2023 (31.53).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Toho Gas Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.89.
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.
Toho Gas Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.26.
Toho Gas Co Days Inventory Historical Data
The historical data trend for Toho Gas 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.
Competitive Comparison of Toho Gas Co's Days Inventory
For the Utilities - Regulated Gas subindustry, Toho Gas 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.
Toho Gas Co's Days Inventory Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Toho Gas Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Toho Gas Co's Days Inventory falls into.
Toho Gas Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Toho Gas Co's Days Inventory for the fiscal year that ended in Mar. 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.
Toho Gas Co (OTCPK:THOGF) 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.
Toho Gas Co's Inventory Turnover for the
three
months ended in Dec. 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.
Toho Gas Co's Inventory to Revenue for the
three
months ended in Dec. 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.
Toho Gas Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Toho Gas Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Toho Gas Co Ltd is a Japanese natural gas provider operating in the Tokai region of the Japanese island of Honshu. Toho Gas is mainly involved in the supply and distribution of natural gas and liquefied petroleum gas, or LPG, to urban areas within Tokai. The company segments its operations into Gas Sales, Gas Appliance Sales and Related Construction, and LPG and Other Energies business units. Toho Gas's Gas Sales division derives the vast majority of the company's total revenue from the sale and supply of natural gas to the many manufacturing plants and industrial customers that inhabit its home region. The company's sales of LPG and thermal energy to mainly industrial consumers also represent a significant revenue stream. Toho Gas is one of the largest city gas providers in Japan.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
THOGF has been successfully added to your 