CDG Co (TSE:2487) Days Inventory : 15.82 (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is CDG Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CDG Co's Average Total Inventories for the three months ended in Mar. 2024 was 円235 Mil. CDG Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円1,353 Mil. Hence, CDG Co's Days Inventory for the three months ended in Mar. 2024 was 15.82.

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

TSE:2487' s Days Inventory Range Over the Past 10 Years
Min: 1.13 Med: 7.06 Max: 17
Current: 17

During the past 13 years, CDG Co's highest Days Inventory was 17.00. The lowest was 1.13. And the median was 7.06.

TSE:2487's Days Inventory is ranked better than
58.57% of 659 companies
in the Media - Diversified industry
Industry Median: 25.44 vs TSE:2487: 17.00

CDG Co's Days Inventory declined from Mar. 2023 (16.97) to Mar. 2024 (15.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. CDG Co's Inventory Turnover for the three months ended in Mar. 2024 was 5.77.

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. CDG Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.12.

CDG Co Days Inventory Historical Data

The historical data trend for CDG Co'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.

CDG Co Days Inventory Chart

CDG Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Dec23

Days Inventory

Get a 7-Day Free Trial

7.06

7.38

7.05

8.36

15.37

CDG Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															16.97	10.54	16.09	42.69	15.82

Competitive Comparison of CDG Co's Days Inventory

For the Advertising Agencies subindustry, CDG Co'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.

CDG Co's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CDG Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where CDG Co's Days Inventory falls into.

CDG Co Days Inventory Calculation

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

CDG Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (201.074	+	269.001)	/	2 )	/	5581.986	*	365
=	235.0375					/	5581.986	*	365
=	15.37

CDG Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (269.001	+	200.358)	/	2 )	/	1353.217	*	365 / 4
=	234.6795					/	1353.217	*	365 / 4
=	15.82

CDG Co (TSE:2487) 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.

CDG Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1353.217	/	234.6795
	=	5.77

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.

CDG Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	234.6795	/	1976.319
	=	0.12

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.

CDG Co Days Inventory Related Terms

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

CDG Co (TSE:2487) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » CDG Co Ltd (TSE:2487) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-22 Umeda, Kita-ku, Herbis ENT, 18th Floor, Osaka, JPN, 530-0001

Website

https://www.cdg.co.jp

CDG Co Ltd is engaged in marketing. The company provides total support from planning, development to production and operation of effective promotion activities connecting consumers and users with products and brands. It offers content marketing that makes use of information and worldview of companies and brands as content, effective marketing activities. The company also support strategies on sales channels of products and services from various aspects, such as developing sales channels and building sales floors. Along with this it also gives consulting services that cover issues by analyzing issues related to marketing and sales activities for proposing solutions.

CDG Co (TSE:2487) Headlines

No Headlines