Pressance (TSE:3254) Days Inventory : 457.10 (As of Mar. 2024)

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What is Pressance Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pressance's Average Total Inventories for the three months ended in Mar. 2024 was 円150,902 Mil. Pressance's Cost of Goods Sold for the three months ended in Mar. 2024 was 円30,124 Mil. Hence, Pressance's Days Inventory for the three months ended in Mar. 2024 was 457.10.

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

TSE:3254' s Days Inventory Range Over the Past 10 Years
Min: 367.86 Med: 510.76 Max: 669.8
Current: 429.51

During the past 13 years, Pressance's highest Days Inventory was 669.80. The lowest was 367.86. And the median was 510.76.

TSE:3254's Days Inventory is ranked better than
61.22% of 1328 companies
in the Real Estate industry
Industry Median: 699.495 vs TSE:3254: 429.51

Pressance's Days Inventory increased from Mar. 2023 (321.87) to Mar. 2024 (457.10). It might indicate that Pressance's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pressance's Inventory Turnover for the three months ended in Mar. 2024 was 0.20.

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. Pressance's Inventory-to-Revenue for the three months ended in Mar. 2024 was 3.60.

Pressance Days Inventory Historical Data

The historical data trend for Pressance'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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Pressance Days Inventory Chart

Pressance Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Sep22

Days Inventory

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602.31

669.80

513.17

367.86

451.67

Pressance 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															321.87	436.76	388.94	422.62	457.10

Competitive Comparison of Pressance's Days Inventory

For the Real Estate - Development subindustry, Pressance'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.

Pressance's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Pressance's Days Inventory distribution charts can be found below:

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

Pressance Days Inventory Calculation

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

Pressance's Days Inventory for the fiscal year that ended in Sep. 2022 is calculated as

	Days Inventory (A: Sep. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2021 )	+	Total Inventories (A: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2022 )	*	Days in Period
=	( (150833	+	120766)	/	2 )	/	109741	*	365
=	135799.5					/	109741	*	365
=	451.67

Pressance'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
=	( (139354	+	162450)	/	2 )	/	30124	*	365 / 4
=	150902					/	30124	*	365 / 4
=	457.10

Pressance (TSE:3254) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	30124	/	150902
	=	0.20

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	150902	/	41894
	=	3.60

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.

Pressance Days Inventory Related Terms

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

Pressance (TSE:3254) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Pressance Corp (TSE:3254) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 No. 27 Crystal Tower, Chuo-ku, Osaka-shi Shiromi 1-chome, 27 floor, Osaka, JPN, 540-6027

Website

https://www.pressance.co.jp

Pressance Corp is a real estate business based in Japan. The company earns all revenue domestically. Pressance engages in several activities related to the development and sale of real estate, including the sale of newly built apartments, trading and brokering land and condominiums, building management, parking lot operation, management of apartment buildings, leasing, and general real estate management activities. In addition, the company provides consultancy services such as real estate planning and research.

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