GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fukutome Meat Packers Ltd (TSE:2291) » Definitions » Days Inventory

Fukutome Meat Packers (TSE:2291) Days Inventory : 21.75 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Fukutome Meat Packers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fukutome Meat Packers's Average Total Inventories for the three months ended in Dec. 2023 was 円1,387 Mil. Fukutome Meat Packers's Cost of Goods Sold for the three months ended in Dec. 2023 was 円5,820 Mil. Hence, Fukutome Meat Packers's Days Inventory for the three months ended in Dec. 2023 was 21.75.

The historical rank and industry rank for Fukutome Meat Packers's Days Inventory or its related term are showing as below:

TSE:2291' s Days Inventory Range Over the Past 10 Years
Min: 18.46   Med: 21.29   Max: 23.32
Current: 23.32

During the past 13 years, Fukutome Meat Packers's highest Days Inventory was 23.32. The lowest was 18.46. And the median was 21.29.

TSE:2291's Days Inventory is ranked better than
93.08% of 1791 companies
in the Consumer Packaged Goods industry
Industry Median: 83.4 vs TSE:2291: 23.32

Fukutome Meat Packers's Days Inventory increased from Dec. 2022 (20.80) to Dec. 2023 (21.75). It might indicate that Fukutome Meat Packers's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fukutome Meat Packers's Inventory Turnover for the three months ended in Dec. 2023 was 4.20.

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. Fukutome Meat Packers's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.20.


Fukutome Meat Packers Days Inventory Historical Data

The historical data trend for Fukutome Meat Packers'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.

Fukutome Meat Packers Days Inventory Chart

Fukutome Meat Packers Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.55 22.63 22.23 20.68 20.66

Fukutome Meat Packers 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 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 20.80 24.18 23.07 24.37 21.75

Competitive Comparison of Fukutome Meat Packers's Days Inventory

For the Packaged Foods subindustry, Fukutome Meat Packers'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.


Fukutome Meat Packers's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fukutome Meat Packers's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fukutome Meat Packers's Days Inventory falls into.



Fukutome Meat Packers Days Inventory Calculation

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

Fukutome Meat Packers'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
=( (1156 + 1220) / 2 ) / 20993*365
=1188 / 20993*365
=20.66

Fukutome Meat Packers'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
=( (1406 + 1368) / 2 ) / 5820*365 / 4
=1387 / 5820*365 / 4
=21.75

* 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.


Fukutome Meat Packers  (TSE:2291) 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.

Fukutome Meat Packers's Inventory Turnover for the three months ended in Dec. 2023 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.

Fukutome Meat Packers's Inventory to Revenue for the three months ended in Dec. 2023 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.


Fukutome Meat Packers Days Inventory Related Terms

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


Fukutome Meat Packers (TSE:2291) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 No. 75, Hiroshima Nishi-ku, Kusatsu-ko chome, Hiroshima, JPN, 733-0832
Fukutome Meat Packers Ltd is a Japan-based company engaged in the purchase, processing, manufacture, and sale of meat products and other foodstuffs. Its products include ham, sausage, bacon, hana sausage, roast pork, roast beef, delica products, beef, and carp related products.

Fukutome Meat Packers (TSE:2291) Headlines

No Headlines