Soliton Systems KK (TSE:3040) Days Inventory : 30.09 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Soliton Systems KK Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Soliton Systems KK's Average Total Inventories for the three months ended in Mar. 2024 was 円833 Mil. Soliton Systems KK's Cost of Goods Sold for the three months ended in Mar. 2024 was 円2,525 Mil. Hence, Soliton Systems KK's Days Inventory for the three months ended in Mar. 2024 was 30.09.

The historical rank and industry rank for Soliton Systems KK's Days Inventory or its related term are showing as below:

TSE:3040' s Days Inventory Range Over the Past 10 Years
Min: 22.53 Med: 31.83 Max: 46.47
Current: 33.57

During the past 13 years, Soliton Systems KK's highest Days Inventory was 46.47. The lowest was 22.53. And the median was 31.83.

TSE:3040's Days Inventory is ranked worse than
60.62% of 1559 companies
in the Software industry
Industry Median: 18.99 vs TSE:3040: 33.57

Soliton Systems KK's Days Inventory increased from Mar. 2023 (27.70) to Mar. 2024 (30.09). It might indicate that Soliton Systems KK's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Soliton Systems KK's Inventory Turnover for the three months ended in Mar. 2024 was 3.03.

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. Soliton Systems KK's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.18.

Soliton Systems KK Days Inventory Historical Data

The historical data trend for Soliton Systems KK'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.

Soliton Systems KK Days Inventory Chart

Soliton Systems KK Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

39.09

34.89

26.98

22.53

28.77

Soliton Systems KK 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															27.70	37.35	39.23	33.12	30.09

Competitive Comparison of Soliton Systems KK's Days Inventory

For the Software - Infrastructure subindustry, Soliton Systems KK'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.

Soliton Systems KK's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Soliton Systems KK's Days Inventory distribution charts can be found below:

* The bar in red indicates where Soliton Systems KK's Days Inventory falls into.

Soliton Systems KK Days Inventory Calculation

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

Soliton Systems KK'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: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (791	+	864)	/	2 )	/	10497	*	365
=	827.5					/	10497	*	365
=	28.77

Soliton Systems KK'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
=	( (864	+	801)	/	2 )	/	2525	*	365 / 4
=	832.5					/	2525	*	365 / 4
=	30.09

Soliton Systems KK (TSE:3040) 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.

Soliton Systems KK's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2525	/	832.5
	=	3.03

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.

Soliton Systems KK's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	832.5	/	4575
	=	0.18

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.

Soliton Systems KK Days Inventory Related Terms

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

Soliton Systems KK (TSE:3040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Soliton Systems KK (TSE:3040) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-4-3 Shinjuku, Shinjuku-ku, Tokyo, JPN

Website

http://www.soliton.co.jp

Soliton Systems K.K is engaged in IT security business, Video communication business, and Eco-device business. The IT security business involves the development and sale of products such as information leakage countermeasure, login authentication by electronic certificate, big data recording, cybersecurity measures, enterprise cloud service, and enterprise network integration. The Video communication business involves development and sales of "Smart-telecaster", a high-quality real-time image transmission system using mobile lines and Eco-device business engages in the development and sales of analog / digital mixed semiconductor devices and embedded systems.

Soliton Systems KK (TSE:3040) Headlines

No Headlines