GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Seikitokyu Kogyo Co Ltd (TSE:1898) » Definitions » Days Inventory

Seikitokyu Kogyo Co (TSE:1898) Days Inventory : 2.27 (As of Dec. 2023)


View and export this data going back to 1973. Start your Free Trial

What is Seikitokyu Kogyo Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Seikitokyu Kogyo Co's Average Total Inventories for the three months ended in Dec. 2023 was 円547 Mil. Seikitokyu Kogyo Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円22,002 Mil. Hence, Seikitokyu Kogyo Co's Days Inventory for the three months ended in Dec. 2023 was 2.27.

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

TSE:1898' s Days Inventory Range Over the Past 10 Years
Min: 2.45   Med: 29.88   Max: 51
Current: 2.45

During the past 13 years, Seikitokyu Kogyo Co's highest Days Inventory was 51.00. The lowest was 2.45. And the median was 29.88.

TSE:1898's Days Inventory is ranked better than
91.15% of 1390 companies
in the Construction industry
Industry Median: 48.575 vs TSE:1898: 2.45

Seikitokyu Kogyo Co's Days Inventory increased from Dec. 2022 (2.04) to Dec. 2023 (2.27). It might indicate that Seikitokyu Kogyo Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Seikitokyu Kogyo Co's Inventory Turnover for the three months ended in Dec. 2023 was 40.26.

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. Seikitokyu Kogyo Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.


Seikitokyu Kogyo Co Days Inventory Historical Data

The historical data trend for Seikitokyu Kogyo 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.

Seikitokyu Kogyo Co Days Inventory Chart

Seikitokyu Kogyo Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.38 22.28 9.29 3.10 2.55

Seikitokyu Kogyo Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.26 2.77 2.36 2.27 2.39

Competitive Comparison of Seikitokyu Kogyo Co's Days Inventory

For the Engineering & Construction subindustry, Seikitokyu Kogyo 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.


Seikitokyu Kogyo Co's Days Inventory Distribution in the Construction Industry

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

* The bar in red indicates where Seikitokyu Kogyo Co's Days Inventory falls into.



Seikitokyu Kogyo Co Days Inventory Calculation

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

Seikitokyu Kogyo Co's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (559 + 534) / 2 ) / 78090*365
=546.5 / 78090*365
=2.55

Seikitokyu Kogyo 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
=( (556 + 537) / 2 ) / 22002*365 / 4
=546.5 / 22002*365 / 4
=2.27

* 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.


Seikitokyu Kogyo Co  (TSE:1898) 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.

Seikitokyu Kogyo 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.

Seikitokyu Kogyo 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.


Seikitokyu Kogyo Co Days Inventory Related Terms

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


Seikitokyu Kogyo Co (TSE:1898) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, No. 3, 2-chome, Minato-ku, Tokyo, JPN, 105-0011
Seikitokyu Kogyo Co Ltd is a general construction company belonging to Tokyu group. The firm is mainly engaged in the development of social capital, business development, such as civil engineering, irrigation and the environment, pavement material production and sales. It specializes in asphalt paving.

Seikitokyu Kogyo Co (TSE:1898) Headlines

No Headlines