Fudo Tetra (TSE:1813) Days Inventory : 12.31 (As of Dec. 2023)

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What is Fudo Tetra Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fudo Tetra's Average Total Inventories for the three months ended in Dec. 2023 was 円2,064 Mil. Fudo Tetra's Cost of Goods Sold for the three months ended in Dec. 2023 was 円15,300 Mil. Hence, Fudo Tetra's Days Inventory for the three months ended in Dec. 2023 was 12.31.

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

TSE:1813' s Days Inventory Range Over the Past 10 Years
Min: 11.28 Med: 13.8 Max: 21.34
Current: 13.53

During the past 13 years, Fudo Tetra's highest Days Inventory was 21.34. The lowest was 11.28. And the median was 13.80.

TSE:1813's Days Inventory is ranked better than
73.1% of 1394 companies
in the Construction industry
Industry Median: 48.575 vs TSE:1813: 13.53

Fudo Tetra's Days Inventory declined from Dec. 2022 (15.47) to Dec. 2023 (12.31).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fudo Tetra's Inventory Turnover for the three months ended in Dec. 2023 was 7.41.

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. Fudo Tetra's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.11.

Fudo Tetra Days Inventory Historical Data

The historical data trend for Fudo Tetra'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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Fudo Tetra Days Inventory Chart

Fudo Tetra Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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12.19

11.28

13.36

14.66

13.02

Fudo Tetra 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															15.47	13.08	14.33	13.44	12.31

Competitive Comparison of Fudo Tetra's Days Inventory

For the Engineering & Construction subindustry, Fudo Tetra'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.

Fudo Tetra's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fudo Tetra's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fudo Tetra's Days Inventory falls into.

Fudo Tetra Days Inventory Calculation

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

Fudo Tetra'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
=	( (2068	+	2130)	/	2 )	/	58849	*	365
=	2099					/	58849	*	365
=	13.02

Fudo Tetra'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
=	( (2013	+	2115)	/	2 )	/	15300	*	365 / 4
=	2064					/	15300	*	365 / 4
=	12.31

Fudo Tetra (TSE:1813) 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.

Fudo Tetra's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	15300	/	2064
	=	7.41

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.

Fudo Tetra's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2064	/	18290
	=	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.

Fudo Tetra Days Inventory Related Terms

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

Fudo Tetra (TSE:1813) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fudo Tetra Corp (TSE:1813) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

7-2, Nihonbashi-koami-cho, 11th Floor, Pentel Building, Chuo-ku, Tokyo, JPN, 103-0016

Website

https://www.fudotetra.co.jp

Fudo Tetra Corp is engaged in the business of construction work. It operates through three businesses. Its Civil Engineering business is involved in the construction of civil engineering sectors such as roads, railways, dams and rivers, water and sewage, and energy facilities, as well as ports and airports, fishing harbors, coasts, and artificial islands. The Ground Improvement business specializes in ground development work. Its Block and Environment business consist of leasing products for wave-dissipating block and foot protection use.

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