Hikari Holdings Co (TSE:1445) Days Inventory : 20.39 (As of Feb. 2024)

Hikari Holdings Co Days Inventory Chart

Hikari Holdings Co Semi-Annual Data
	Aug16	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Inventory	Get a 7-Day Free Trial										29.14	15.77	20.30	27.32	20.39

Competitive Comparison of Hikari Holdings Co's Days Inventory

For the Conglomerates subindustry, Hikari 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.

Hikari Holdings Co's Days Inventory Distribution in the Conglomerates Industry

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

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

Hikari Holdings Co Days Inventory Calculation

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

Hikari Holdings Co's Days Inventory for the fiscal year that ended in Aug. 2022 is calculated as

Hikari Holdings Co's Days Inventory for the quarter that 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.

Hikari Holdings Co  (TSE:1445) 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.

Hikari Holdings Co's Inventory Turnover for the six 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.

Hikari Holdings Co's Inventory to Revenue for the six 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.

Hikari Holdings Co Days Inventory Related Terms

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Hikari Holdings Co Business Description