Storage-OH Co (TSE:2997) Days Inventory : 812.14 (As of Apr. 2024)

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What is Storage-OH Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Storage-OH Co's Average Total Inventories for the three months ended in Apr. 2024 was 円1,823 Mil. Storage-OH Co's Cost of Goods Sold for the three months ended in Apr. 2024 was 円205 Mil. Hence, Storage-OH Co's Days Inventory for the three months ended in Apr. 2024 was 812.14.

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

TSE:2997' s Days Inventory Range Over the Past 10 Years
Min: 63.77 Med: 79.18 Max: 268.64
Current: 268.64

During the past 4 years, Storage-OH Co's highest Days Inventory was 268.64. The lowest was 63.77. And the median was 79.18.

TSE:2997's Days Inventory is ranked better than
70.36% of 1319 companies
in the Real Estate industry
Industry Median: 699.54 vs TSE:2997: 268.64

Storage-OH Co's Days Inventory increased from Apr. 2023 (600.06) to Apr. 2024 (812.14). It might indicate that Storage-OH Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Storage-OH Co's Inventory Turnover for the three months ended in Apr. 2024 was 0.11.

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. Storage-OH Co's Inventory-to-Revenue for the three months ended in Apr. 2024 was 7.44.

Storage-OH Co Days Inventory Historical Data

The historical data trend for Storage-OH 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.

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Storage-OH Co Days Inventory Chart

Storage-OH Co Annual Data

Trend

Jan20

Jan21

Jan22

Jan23

Days Inventory

63.77

128.89

80.41

77.95

Storage-OH Co Quarterly Data
	Jan20	Jan21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Days Inventory	Get a 7-Day Free Trial								600.06	974.33	1,161.76	75.73	812.14

Competitive Comparison of Storage-OH Co's Days Inventory

For the Real Estate Services subindustry, Storage-OH 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.

Storage-OH Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Storage-OH Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Storage-OH Co's Days Inventory falls into.

Storage-OH Co Days Inventory Calculation

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

Storage-OH Co's Days Inventory for the fiscal year that ended in Jan. 2023 is calculated as

	Days Inventory (A: Jan. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jan. 2022 )	+	Total Inventories (A: Jan. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2023 )	*	Days in Period
=	( (655.753	+	456.459)	/	2 )	/	2604.118	*	365
=	556.106					/	2604.118	*	365
=	77.95

Storage-OH Co's Days Inventory for the quarter that ended in Apr. 2024 is calculated as:

	Days Inventory (Q: Apr. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jan. 2024 )	+	Total Inventories (Q: Apr. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
=	( (1138.97	+	2506.096)	/	2 )	/	204.775	*	365 / 4
=	1822.533					/	204.775	*	365 / 4
=	812.14

Storage-OH Co (TSE:2997) 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.

Storage-OH Co's Inventory Turnover for the three months ended in Apr. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	204.775	/	1822.533
	=	0.11

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.

Storage-OH Co's Inventory to Revenue for the three months ended in Apr. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1822.533	/	245.062
	=	7.44

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.

Storage-OH Co Days Inventory Related Terms

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

Storage-OH Co (TSE:2997) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Storage-OH Co Ltd (TSE:2997) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-9-23 Ichikawaminami, Ichikawa-shi, 4th floor, Keiyo Housing Ichikawa Building, Chiba, JPN, 272-0033

Website

https://www.storageoh.jp

Storage-OH Co Ltd is a property management company. The company is engaged in planning, development, operation, management of trunk room property management business.

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