NMS Holdings (TSE:2162) Days Inventory : 61.22 (As of Dec. 2023)

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What is NMS Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NMS Holdings's Average Total Inventories for the three months ended in Dec. 2023 was 円10,683 Mil. NMS Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円15,925 Mil. Hence, NMS Holdings's Days Inventory for the three months ended in Dec. 2023 was 61.22.

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

TSE:2162' s Days Inventory Range Over the Past 10 Years
Min: 27.52 Med: 40.4 Max: 64.54
Current: 64.54

During the past 13 years, NMS Holdings's highest Days Inventory was 64.54. The lowest was 27.52. And the median was 40.40.

TSE:2162's Days Inventory is ranked better than
72.77% of 2409 companies
in the Hardware industry
Industry Median: 101.78 vs TSE:2162: 64.54

NMS Holdings's Days Inventory declined from Dec. 2022 (63.95) to Dec. 2023 (61.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. NMS Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 1.49.

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. NMS Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.58.

NMS Holdings Days Inventory Historical Data

The historical data trend for NMS Holdings'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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NMS Holdings Days Inventory Chart

NMS Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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40.81

40.57

43.91

44.11

53.34

NMS Holdings 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															63.95	62.73	67.97	65.65	61.22

Competitive Comparison of NMS Holdings's Days Inventory

For the Electronic Components subindustry, NMS Holdings'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.

NMS Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, NMS Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where NMS Holdings's Days Inventory falls into.

NMS Holdings Days Inventory Calculation

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

NMS Holdings'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
=	( (8119.319	+	12409.004)	/	2 )	/	70231.464	*	365
=	10264.1615					/	70231.464	*	365
=	53.34

NMS Holdings'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
=	( (11028.698	+	10337.777)	/	2 )	/	15924.87	*	365 / 4
=	10683.2375					/	15924.87	*	365 / 4
=	61.22

NMS Holdings (TSE:2162) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	15924.87	/	10683.2375
	=	1.49

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10683.2375	/	18407.637
	=	0.58

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.

NMS Holdings Days Inventory Related Terms

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

NMS Holdings (TSE:2162) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NMS Holdings Corp (TSE:2162) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tokyo Opera City Tower 45 Floor, 3-20-2 Nishi-shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1445

Website

http://www.n-ms.co.jp

NMS Holdings Corp is a Japan-based company. Its business activities are divided into four operating segments including Human resource solution business, Electronics manufacturing service (EMS) business, Vision ( neo EMS ), and Power supply business. The company offers staff members for contract manufacturing, engineer dispatch service, repairs and customer service. Its EMS business offers a wide range of services concerning board assembly through an integrated production process and firm management system. NMS also offers solutions for power supply and power supply-related products.

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