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Pasona Group (TSE:2168) Days Inventory : 4.07 (As of May. 2024)


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What is Pasona Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pasona Group's Average Total Inventories for the three months ended in May. 2024 was 円3,069 Mil. Pasona Group's Cost of Goods Sold for the three months ended in May. 2024 was 円68,800 Mil. Hence, Pasona Group's Days Inventory for the three months ended in May. 2024 was 4.07.

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

TSE:2168' s Days Inventory Range Over the Past 10 Years
Min: 1.71   Med: 3.01   Max: 4.96
Current: 4.96

During the past 13 years, Pasona Group's highest Days Inventory was 4.96. The lowest was 1.71. And the median was 3.01.

TSE:2168's Days Inventory is ranked better than
77.01% of 670 companies
in the Business Services industry
Industry Median: 28.63 vs TSE:2168: 4.96

Pasona Group's Days Inventory declined from May. 2023 (4.38) to May. 2024 (4.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. Pasona Group's Inventory Turnover for the three months ended in May. 2024 was 22.42.

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. Pasona Group's Inventory-to-Revenue for the three months ended in May. 2024 was 0.03.


Pasona Group Days Inventory Historical Data

The historical data trend for Pasona Group'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.

Pasona Group Days Inventory Chart

Pasona Group Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.15 3.60 4.14 4.50 3.45

Pasona Group Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 5.13 5.60 5.76 4.07 2.71

Competitive Comparison of Pasona Group's Days Inventory

For the Staffing & Employment Services subindustry, Pasona Group'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.


Pasona Group's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Pasona Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Pasona Group's Days Inventory falls into.



Pasona Group Days Inventory Calculation

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

Pasona Group's Days Inventory for the fiscal year that ended in May. 2024 is calculated as

Days Inventory (A: May. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2023 ) + Total Inventories (A: May. 2024 )) / count ) / Cost of Goods Sold (A: May. 2024 )*Days in Period
=( (3365 + 1781) / 2 ) / 271908*365
=2573 / 271908*365
=3.45

Pasona Group's Days Inventory for the quarter that ended in May. 2024 is calculated as:

Days Inventory (Q: May. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2024 ) + Total Inventories (Q: May. 2024 )) / count ) / Cost of Goods Sold (Q: May. 2024 )*Days in Period
=( (4356 + 1781) / 2 ) / 68800*365 / 4
=3068.5 / 68800*365 / 4
=4.07

* 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.


Pasona Group  (TSE:2168) 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.

Pasona Group's Inventory Turnover for the three months ended in May. 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.

Pasona Group's Inventory to Revenue for the three months ended in May. 2024 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.


Pasona Group Days Inventory Related Terms

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


Pasona Group Business Description

Traded in Other Exchanges
N/A
Address
Otemachi 2-6-4, Chiyoda-ku, Tokyo, JPN, 100-8228
Pasona Group Inc provides human resource related support services. Its segments are Expert services, Insourcing, Others, Career solutions and outsourcing. The segments encompass human resource (HR) solutions, temporary staffing, contracting HR consulting, education and training, place and search, global overseas sourcing career placement, recruiting and outplacement, outsourcing, life solutions and public solutions. Expert services segment generates the majority of the revenues for the company.

Pasona Group Headlines

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