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Tosei Reit Investment (TSE:3451) Days Inventory : 0.51 (As of Oct. 2023)


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What is Tosei Reit Investment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tosei Reit Investment's Average Total Inventories for the six months ended in Oct. 2023 was 円4 Mil. Tosei Reit Investment's Cost of Goods Sold for the six months ended in Oct. 2023 was 円1,564 Mil. Hence, Tosei Reit Investment's Days Inventory for the six months ended in Oct. 2023 was 0.51.

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

TSE:3451' s Days Inventory Range Over the Past 10 Years
Min: 0.46   Med: 0.48   Max: 0.5
Current: 0.5

During the past 9 years, Tosei Reit Investment's highest Days Inventory was 0.50. The lowest was 0.46. And the median was 0.48.

TSE:3451's Days Inventory is ranked better than
95.17% of 145 companies
in the REITs industry
Industry Median: 89.35 vs TSE:3451: 0.50

Tosei Reit Investment's Days Inventory increased from Oct. 2022 (0.27) to Oct. 2023 (0.51). It might indicate that Tosei Reit Investment's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tosei Reit Investment's Inventory Turnover for the six months ended in Oct. 2023 was 356.09.

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. Tosei Reit Investment's Inventory-to-Revenue for the six months ended in Oct. 2023 was 0.00.


Tosei Reit Investment Days Inventory Historical Data

The historical data trend for Tosei Reit Investment'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.

Tosei Reit Investment Days Inventory Chart

Tosei Reit Investment Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Inventory
Get a 7-Day Free Trial Premium Member Only - - - 0.50 0.46

Tosei Reit Investment Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 - 0.06 0.27 0.53 0.51

Competitive Comparison of Tosei Reit Investment's Days Inventory

For the REIT - Diversified subindustry, Tosei Reit Investment'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.


Tosei Reit Investment's Days Inventory Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Tosei Reit Investment's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tosei Reit Investment's Days Inventory falls into.



Tosei Reit Investment Days Inventory Calculation

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

Tosei Reit Investment's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

Days Inventory (A: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (4.029 + 3.866) / 2 ) / 3116.269*365
=3.9475 / 3116.269*365
=0.46

Tosei Reit Investment's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

Days Inventory (Q: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (4.92 + 3.866) / 2 ) / 1564.287*365 / 2
=4.393 / 1564.287*365 / 2
=0.51

* 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.


Tosei Reit Investment  (TSE:3451) 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.

Tosei Reit Investment's Inventory Turnover for the six months ended in Oct. 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.

Tosei Reit Investment's Inventory to Revenue for the six months ended in Oct. 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.


Tosei Reit Investment Days Inventory Related Terms

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


Tosei Reit Investment (TSE:3451) Business Description

Traded in Other Exchanges
N/A
Address
Toranomon Tosei Building, 4-2-3 Toranomon, Minato-ku, Tokyo, JPN
Tosei Reit Investment Corp is a Japanese company operating in the real estate industry. The company invests in real estate and other assets and the investments are spread across Offices, Commercial facility and Housing.

Tosei Reit Investment (TSE:3451) Headlines

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