Feed One Co (TSE:2060) Days Inventory : 22.53 (As of Dec. 2023)

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What is Feed One Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Feed One Co's Average Total Inventories for the three months ended in Dec. 2023 was 円18,159 Mil. Feed One Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円73,547 Mil. Hence, Feed One Co's Days Inventory for the three months ended in Dec. 2023 was 22.53.

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

TSE:2060' s Days Inventory Range Over the Past 10 Years
Min: 19.75 Med: 22.81 Max: 27.45
Current: 23.76

During the past 10 years, Feed One Co's highest Days Inventory was 27.45. The lowest was 19.75. And the median was 22.81.

TSE:2060's Days Inventory is ranked better than
92.91% of 1790 companies
in the Consumer Packaged Goods industry
Industry Median: 83.705 vs TSE:2060: 23.76

Feed One Co's Days Inventory declined from Dec. 2022 (23.10) to Dec. 2023 (22.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. Feed One Co's Inventory Turnover for the three months ended in Dec. 2023 was 4.05.

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. Feed One Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.22.

Feed One Co Days Inventory Historical Data

The historical data trend for Feed One 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.

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Feed One Co Days Inventory Chart

Feed One Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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22.68

23.09

23.11

22.93

23.93

Feed One 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															25.37	24.31	24.58	22.53	23.49

Competitive Comparison of Feed One Co's Days Inventory

For the Packaged Foods subindustry, Feed One 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.

Feed One Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Feed One Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Feed One Co's Days Inventory falls into.

Feed One Co Days Inventory Calculation

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

Feed One 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
=	( (20226	+	16897)	/	2 )	/	283154	*	365
=	18561.5					/	283154	*	365
=	23.93

Feed One 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
=	( (18831	+	17487)	/	2 )	/	73547	*	365 / 4
=	18159					/	73547	*	365 / 4
=	22.53

Feed One Co (TSE:2060) 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.

Feed One Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	73547	/	18159
	=	4.05

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.

Feed One Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18159	/	81724
	=	0.22

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.

Feed One Co Days Inventory Related Terms

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

Feed One Co (TSE:2060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Feed One Co Ltd (TSE:2060) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-23-2, Tsuruyacho, Kanagawa-ku, Kanagawa, Yokohama-shi, JPN, 221-0835

Website

http://www.feed-one.co.jp

Feed One Co Ltd is a Japanese company engaged in the manufacture and sale of mixed feed, animal and fishery feeds. It also provides other ancillary services such as farm-management consulting, management of veterinary examination and treatment facilities.

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