Fit Easy (TSE:212A) Days Inventory : 7.46 (As of Apr. 2024)

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What is Fit Easy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fit Easy's Average Total Inventories for the six months ended in Apr. 2024 was 円78 Mil. Fit Easy's Cost of Goods Sold for the six months ended in Apr. 2024 was 円1,920 Mil. Hence, Fit Easy's Days Inventory for the six months ended in Apr. 2024 was 7.46.

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

TSE:212A' s Days Inventory Range Over the Past 10 Years
Min: 8.88 Med: 10.48 Max: 14.92
Current: 14.92

During the past 2 years, Fit Easy's highest Days Inventory was 14.92. The lowest was 8.88. And the median was 10.48.

TSE:212A's Days Inventory is ranked better than
63% of 673 companies
in the Travel & Leisure industry
Industry Median: 33.57 vs TSE:212A: 14.92

Fit Easy's Days Inventory increased from Oct. 2022 (0.00) to Apr. 2024 (7.46). It might indicate that Fit Easy's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fit Easy's Inventory Turnover for the six months ended in Apr. 2024 was 24.47.

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. Fit Easy's Inventory-to-Revenue for the six months ended in Apr. 2024 was 0.03.

Fit Easy Days Inventory Historical Data

The historical data trend for Fit Easy'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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Fit Easy Days Inventory Chart

Fit Easy Annual Data

Trend

Oct22

Oct23

Days Inventory

12.08

8.88

Fit Easy Semi-Annual Data
	Oct22	Oct23	Apr24
Days Inventory	-	-	7.46

Competitive Comparison of Fit Easy's Days Inventory

For the Leisure subindustry, Fit Easy'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.

Fit Easy's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Fit Easy's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fit Easy's Days Inventory falls into.

Fit Easy Days Inventory Calculation

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

Fit Easy's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

	Days Inventory (A: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Oct. 2022 )	+	Total Inventories (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (79.316	+	62.737)	/	2 )	/	2920.604	*	365
=	71.0265					/	2920.604	*	365
=	8.88

Fit Easy's Days Inventory for the quarter that ended in Apr. 2024 is calculated as:

	Days Inventory (Q: Apr. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Apr. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
=	( (62.737	+	94.218)	/	2 )	/	1920.201	*	365 / 2
=	78.4775					/	1920.201	*	365 / 2
=	7.46

Fit Easy (TSE:212A) 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.

Fit Easy's Inventory Turnover for the six months ended in Apr. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1920.201	/	78.4775
	=	24.47

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.

Fit Easy's Inventory to Revenue for the six months ended in Apr. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	78.4775	/	3110.667
	=	0.03

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.

Fit Easy Days Inventory Related Terms

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

Fit Easy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Fit Easy Inc (TSE:212A) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-2-1 Honmachi, Gifu Prefecture, Gifu, JPN, 500-8034

Website

https://www.fiteasy.co.jp

Fit Easy Inc is engaged in the Management and operation of Amusement Fitness Club.

Fit Easy Headlines

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