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Tauns Laboratories (TSE:197A) Days Inventory : 286.03 (As of Jun. 2024)


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What is Tauns Laboratories Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tauns Laboratories's Average Total Inventories for the six months ended in Jun. 2024 was 円4,652 Mil. Tauns Laboratories's Cost of Goods Sold for the six months ended in Jun. 2024 was 円5,937 Mil. Hence, Tauns Laboratories's Days Inventory for the six months ended in Jun. 2024 was 143.02.

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

TSE:197A' s Days Inventory Range Over the Past 10 Years
Min: 258.68   Med: 286.03   Max: 603.58
Current: 286.03

During the past 3 years, Tauns Laboratories's highest Days Inventory was 603.58. The lowest was 258.68. And the median was 286.03.

TSE:197A's Days Inventory is ranked worse than
73.25% of 785 companies
in the Medical Devices & Instruments industry
Industry Median: 184.76 vs TSE:197A: 286.03

Tauns Laboratories's Days Inventory declined from Jun. 2022 (603.58) to Jun. 2024 (286.03).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tauns Laboratories's Inventory Turnover for the six months ended in Jun. 2024 was 1.28.

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. Tauns Laboratories's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.25.


Tauns Laboratories Days Inventory Historical Data

The historical data trend for Tauns Laboratories'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.

Tauns Laboratories Days Inventory Chart

Tauns Laboratories Annual Data
Trend Jun22 Jun23 Jun24
Days Inventory
603.58 258.68 286.03

Tauns Laboratories Semi-Annual Data
Jun22 Jun23 Jun24
Days Inventory 603.58 258.68 286.03

Competitive Comparison of Tauns Laboratories's Days Inventory

For the Medical Instruments & Supplies subindustry, Tauns Laboratories'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.


Tauns Laboratories's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Tauns Laboratories's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tauns Laboratories's Days Inventory falls into.



Tauns Laboratories Days Inventory Calculation

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

Tauns Laboratories's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (4586.923 + 4717.448) / 2 ) / 5936.531*365
=4652.1855 / 5936.531*365
=286.03

Tauns Laboratories's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (4586.923 + 4717.448) / 2 ) / 5936.531*365 / 2
=4652.1855 / 5936.531*365 / 2
=143.02

* 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.


Tauns Laboratories  (TSE:197A) 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.

Tauns Laboratories's Inventory Turnover for the six months ended in Jun. 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.

Tauns Laboratories's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=4652.1855 / 18434.863
=0.25

* 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.


Tauns Laboratories Days Inventory Related Terms

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


Tauns Laboratories Business Description

Traded in Other Exchanges
N/A
Address
761-1 Kamishima Izunokuni-shi, Shizuoka, JPN, 410-2325
Tauns Laboratories Inc is engaged in development, manufacture and sales of in vitro diagnostics and research reagents. Its product include Capilia Flu Neo, Capilia Adeno Neo, Capilia RSV Neo, Capilia hMPV, etc.

Tauns Laboratories Headlines

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