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Aida Sekkei Co (TSE:2990) Days Inventory : 343.30 (As of Sep. 2023)


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What is Aida Sekkei Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aida Sekkei Co's Average Total Inventories for the six months ended in Sep. 2023 was 円38,905 Mil. Aida Sekkei Co's Cost of Goods Sold for the six months ended in Sep. 2023 was 円20,682 Mil. Hence, Aida Sekkei Co's Days Inventory for the six months ended in Sep. 2023 was 343.30.

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

TSE:2990' s Days Inventory Range Over the Past 10 Years
Min: 147.77   Med: 204.4   Max: 326.57
Current: 326.57

During the past 5 years, Aida Sekkei Co's highest Days Inventory was 326.57. The lowest was 147.77. And the median was 204.40.

TSE:2990's Days Inventory is ranked better than
50.53% of 95 companies
in the Homebuilding & Construction industry
Industry Median: 328.39 vs TSE:2990: 326.57

Aida Sekkei Co's Days Inventory increased from Sep. 2022 (144.34) to Sep. 2023 (343.30). It might indicate that Aida Sekkei Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aida Sekkei Co's Inventory Turnover for the six months ended in Sep. 2023 was 0.53.

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. Aida Sekkei Co's Inventory-to-Revenue for the six months ended in Sep. 2023 was 1.50.


Aida Sekkei Co Days Inventory Historical Data

The historical data trend for Aida Sekkei 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.

Aida Sekkei Co Days Inventory Chart

Aida Sekkei Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
228.32 247.93 190.96 147.77 204.40

Aida Sekkei Co Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only 137.47 139.00 144.34 268.51 343.30

Competitive Comparison of Aida Sekkei Co's Days Inventory

For the Residential Construction subindustry, Aida Sekkei 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.


Aida Sekkei Co's Days Inventory Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Aida Sekkei Co's Days Inventory distribution charts can be found below:

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



Aida Sekkei Co Days Inventory Calculation

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

Aida Sekkei Co'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
=( (19247 + 33547) / 2 ) / 47137*365
=26397 / 47137*365
=204.40

Aida Sekkei Co's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (33547 + 44263) / 2 ) / 20682*365 / 2
=38905 / 20682*365 / 2
=343.30

* 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.


Aida Sekkei Co  (TSE:2990) 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.

Aida Sekkei Co's Inventory Turnover for the six months ended in Sep. 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.

Aida Sekkei Co's Inventory to Revenue for the six months ended in Sep. 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.


Aida Sekkei Co Days Inventory Related Terms

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


Aida Sekkei Co (TSE:2990) Business Description

Traded in Other Exchanges
N/A
Address
2-286 Sakuragicho, Omiya-ku, Saitama Prefecture, Saitama, JPN, 330-0854
Aida Sekkei Co Ltd is engaged in the sales and construction of pre-build homes and custom build homes.

Aida Sekkei Co (TSE:2990) Headlines

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