Growth xPartners (TSE:244A) Days Inventory : 1.45 (As of Aug. 2024)

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What is Growth xPartners Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Growth xPartners's Average Total Inventories for the six months ended in Aug. 2024 was 円10 Mil. Growth xPartners's Cost of Goods Sold for the six months ended in Aug. 2024 was 円2,474 Mil. Hence, Growth xPartners's Days Inventory for the six months ended in Aug. 2024 was 0.72.

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

TSE:244A' s Days Inventory Range Over the Past 10 Years
Min: 1.32 Med: 1.45 Max: 1.63
Current: 1.45

During the past 3 years, Growth xPartners's highest Days Inventory was 1.63. The lowest was 1.32. And the median was 1.45.

TSE:244A's Days Inventory is ranked better than
84.94% of 1594 companies
in the Software industry
Industry Median: 20.09 vs TSE:244A: 1.45

Growth xPartners's Days Inventory increased from Aug. 2022 (1.32) to Aug. 2024 (1.45). It might indicate that Growth xPartners's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Growth xPartners's Inventory Turnover for the six months ended in Aug. 2024 was 252.48.

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. Growth xPartners's Inventory-to-Revenue for the six months ended in Aug. 2024 was 0.00.

Growth xPartners Days Inventory Historical Data

The historical data trend for Growth xPartners'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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Growth xPartners Days Inventory Chart

Growth xPartners Annual Data

Trend

Aug22

Aug23

Aug24

Days Inventory

1.32

1.63

1.45

Growth xPartners Semi-Annual Data
	Aug22	Aug23	Aug24
Days Inventory	1.32	1.63	1.45

Competitive Comparison of Growth xPartners's Days Inventory

For the Information Technology Services subindustry, Growth xPartners'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.

Growth xPartners's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Growth xPartners's Days Inventory distribution charts can be found below:

* The bar in red indicates where Growth xPartners's Days Inventory falls into.

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Growth xPartners Days Inventory Calculation

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

Growth xPartners's Days Inventory for the fiscal year that ended in Aug. 2024 is calculated as

	Days Inventory (A: Aug. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2023 )	+	Total Inventories (A: Aug. 2024 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2024 )	*	Days in Period
=	( (11.892	+	7.704)	/	2 )	/	2473.831	*	365
=	9.798					/	2473.831	*	365
=	1.45

Growth xPartners's Days Inventory for the quarter that ended in Aug. 2024 is calculated as:

	Days Inventory (Q: Aug. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Aug. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2024 )	*	Days in Period
=	( (11.892	+	7.704)	/	2 )	/	2473.831	*	365 / 2
=	9.798					/	2473.831	*	365 / 2
=	0.72

Growth xPartners (TSE:244A) 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.

Growth xPartners's Inventory Turnover for the six months ended in Aug. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2473.831	/	9.798
	=	252.48

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.

Growth xPartners's Inventory to Revenue for the six months ended in Aug. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9.798	/	4422.114
	=	0.00

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.

Growth xPartners Days Inventory Related Terms

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

Growth xPartners Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Growth xPartners Inc (TSE:244A) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-26-2 Nishi-Shinjuku, Shinjuku Nomura Building 48th floor, Shinjuku-ku, Tokyo, JPN, 163-0548

Website

https://www.gxp-group.co.jp

Growth xPartners Inc is engaged in digital Transformation (DX) consultation and advancement support for enterprises.

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