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Ebara Foods Industry (TSE:2819) Days Inventory : 31.82 (As of Dec. 2023)


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What is Ebara Foods Industry Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ebara Foods Industry's Average Total Inventories for the three months ended in Dec. 2023 was 円2,883 Mil. Ebara Foods Industry's Cost of Goods Sold for the three months ended in Dec. 2023 was 円8,266 Mil. Hence, Ebara Foods Industry's Days Inventory for the three months ended in Dec. 2023 was 31.82.

The historical rank and industry rank for Ebara Foods Industry's Days Inventory or its related term are showing as below:

TSE:2819' s Days Inventory Range Over the Past 10 Years
Min: 26.45   Med: 27.5   Max: 35.02
Current: 35.02

During the past 13 years, Ebara Foods Industry's highest Days Inventory was 35.02. The lowest was 26.45. And the median was 27.50.

TSE:2819's Days Inventory is ranked better than
86.98% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 83.69 vs TSE:2819: 35.02

Ebara Foods Industry's Days Inventory increased from Dec. 2022 (29.71) to Dec. 2023 (31.82). It might indicate that Ebara Foods Industry's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ebara Foods Industry's Inventory Turnover for the three months ended in Dec. 2023 was 2.87.

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. Ebara Foods Industry's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.22.


Ebara Foods Industry Days Inventory Historical Data

The historical data trend for Ebara Foods Industry'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.

Ebara Foods Industry Days Inventory Chart

Ebara Foods Industry 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 27.73 28.30 30.13 30.96 32.01

Ebara Foods Industry 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 29.71 38.60 34.62 35.82 31.82

Competitive Comparison of Ebara Foods Industry's Days Inventory

For the Packaged Foods subindustry, Ebara Foods Industry'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.


Ebara Foods Industry's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ebara Foods Industry's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ebara Foods Industry's Days Inventory falls into.



Ebara Foods Industry Days Inventory Calculation

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

Ebara Foods Industry'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
=( (2209 + 2527) / 2 ) / 26999*365
=2368 / 26999*365
=32.01

Ebara Foods Industry'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
=( (2915 + 2850) / 2 ) / 8266*365 / 4
=2882.5 / 8266*365 / 4
=31.82

* 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.


Ebara Foods Industry  (TSE:2819) 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.

Ebara Foods Industry'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.

Ebara Foods Industry'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.


Ebara Foods Industry Days Inventory Related Terms

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


Ebara Foods Industry (TSE:2819) Business Description

Traded in Other Exchanges
N/A
Address
Nishi 4-chome No. 4 No. 5 Yokohama eye mark, Minato Mirai, Yubinbango, Yokohama, JPN, 220-0012
Ebara Foods Industry Inc is engaged in the manufacture and sale of food seasoning products in Japan. The company's product profile includes meat dishes, grilled meat sauce, sweet potato sauce, braised pepper sauce, and others.

Ebara Foods Industry (TSE:2819) Headlines

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