GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sumiken Mitsui Road Co Ltd (TSE:1776) » Definitions » Days Inventory

Sumiken Mitsui Road Co (TSE:1776) Days Inventory : 6.61 (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Sumiken Mitsui Road Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sumiken Mitsui Road Co's Average Total Inventories for the three months ended in Dec. 2023 was 円558 Mil. Sumiken Mitsui Road Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円7,700 Mil. Hence, Sumiken Mitsui Road Co's Days Inventory for the three months ended in Dec. 2023 was 6.61.

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

TSE:1776' s Days Inventory Range Over the Past 10 Years
Min: 3.49   Med: 11.68   Max: 14.23
Current: 6.47

During the past 13 years, Sumiken Mitsui Road Co's highest Days Inventory was 14.23. The lowest was 3.49. And the median was 11.68.

TSE:1776's Days Inventory is ranked better than
82.99% of 1393 companies
in the Construction industry
Industry Median: 49.2 vs TSE:1776: 6.47

Sumiken Mitsui Road Co's Days Inventory increased from Dec. 2022 (5.90) to Dec. 2023 (6.61). It might indicate that Sumiken Mitsui Road Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sumiken Mitsui Road Co's Inventory Turnover for the three months ended in Dec. 2023 was 13.80.

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. Sumiken Mitsui Road Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.06.


Sumiken Mitsui Road Co Days Inventory Historical Data

The historical data trend for Sumiken Mitsui Road 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.

* Premium members only.

Sumiken Mitsui Road Co Days Inventory Chart

Sumiken Mitsui Road Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.92 13.51 11.61 7.84 3.49

Sumiken Mitsui Road 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 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 5.90 5.14 6.50 6.48 6.61

Competitive Comparison of Sumiken Mitsui Road Co's Days Inventory

For the Engineering & Construction subindustry, Sumiken Mitsui Road 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.


Sumiken Mitsui Road Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sumiken Mitsui Road Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sumiken Mitsui Road Co's Days Inventory falls into.



Sumiken Mitsui Road Co Days Inventory Calculation

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

Sumiken Mitsui Road 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
=( (250 + 298) / 2 ) / 28666*365
=274 / 28666*365
=3.49

Sumiken Mitsui Road 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
=( (492 + 624) / 2 ) / 7700*365 / 4
=558 / 7700*365 / 4
=6.61

* 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.


Sumiken Mitsui Road Co  (TSE:1776) 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.

Sumiken Mitsui Road 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.

Sumiken Mitsui Road 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.


Sumiken Mitsui Road Co Days Inventory Related Terms

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


Sumiken Mitsui Road Co (TSE:1776) Business Description

Traded in Other Exchanges
N/A
Address
13-27, Yochomachi, Shinjuku-ku, Tokyo, JPN, 162-0055
Sumiken Mitsui Road Co Ltd is mainly engaged in the construction business in Japan. It is involved in the pavement construction, civil engineering work, building construction, and others. It also manufactures and sells construction materials and provides waste management and real estate services.

Sumiken Mitsui Road Co (TSE:1776) Headlines

No Headlines