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Daisho Co (TSE:2816) Days Inventory : 44.11 (As of Mar. 2024)


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What is Daisho Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Daisho Co's Average Total Inventories for the three months ended in Mar. 2024 was 円1,724 Mil. Daisho Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円3,565 Mil. Hence, Daisho Co's Days Inventory for the three months ended in Mar. 2024 was 44.11.

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

TSE:2816' s Days Inventory Range Over the Past 10 Years
Min: 27.78   Med: 32.23   Max: 43.94
Current: 43.94

During the past 13 years, Daisho Co's highest Days Inventory was 43.94. The lowest was 27.78. And the median was 32.23.

TSE:2816's Days Inventory is ranked worse than
62.12% of 293 companies
in the Retail - Defensive industry
Industry Median: 36.12 vs TSE:2816: 43.94

Daisho Co's Days Inventory increased from Mar. 2023 (41.62) to Mar. 2024 (44.11). It might indicate that Daisho Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Daisho Co's Inventory Turnover for the three months ended in Mar. 2024 was 2.07.

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. Daisho Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.33.


Daisho Co Days Inventory Historical Data

The historical data trend for Daisho 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.

Daisho Co Days Inventory Chart

Daisho Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.74 33.70 36.14 36.86 37.91

Daisho 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 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 41.62 49.79 52.61 38.01 44.11

Competitive Comparison of Daisho Co's Days Inventory

For the Food Distribution subindustry, Daisho 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.


Daisho Co's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Daisho Co's Days Inventory distribution charts can be found below:

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



Daisho Co Days Inventory Calculation

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

Daisho Co's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (1555 + 1695) / 2 ) / 15647*365
=1625 / 15647*365
=37.91

Daisho 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
=( (1752 + 1695) / 2 ) / 3565*365 / 4
=1723.5 / 3565*365 / 4
=44.11

* 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.


Daisho Co  (TSE:2816) 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.

Daisho Co's Inventory Turnover for the three months ended in Mar. 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.

Daisho Co's Inventory to Revenue for the three months ended in Mar. 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.


Daisho Co Days Inventory Related Terms

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


Daisho Co Business Description

Traded in Other Exchanges
N/A
Address
1-17-3, Kamezawa, Sumida-ku, Tokyo, JPN, 130-0014
Daisho Co Ltd is engaged in production and sales of dipping sauce, soup and seasoning powder ingredients. The company's products are divided into Retail products and Foodservice products. Retail products consist of green vegetable juice, meat, salt and pepper, and others, and Foodservice products comprise of Chubo-Ou Karaage mix, Yakiniku Dori Garlic and Soy, and others.

Daisho Co Headlines

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