AZoom Co (TSE:3496) Days Inventory : 20.06 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is AZoom Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AZoom Co's Average Total Inventories for the three months ended in Mar. 2024 was 円321 Mil. AZoom Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円1,460 Mil. Hence, AZoom Co's Days Inventory for the three months ended in Mar. 2024 was 20.06.

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

TSE:3496' s Days Inventory Range Over the Past 10 Years
Min: 0.06 Med: 0.17 Max: 16.04
Current: 16.04

During the past 8 years, AZoom Co's highest Days Inventory was 16.04. The lowest was 0.06. And the median was 0.17.

TSE:3496's Days Inventory is ranked better than
89.76% of 1319 companies
in the Real Estate industry
Industry Median: 699.54 vs TSE:3496: 16.04

AZoom Co's Days Inventory increased from Mar. 2023 (1.93) to Mar. 2024 (20.06). It might indicate that AZoom Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AZoom Co's Inventory Turnover for the three months ended in Mar. 2024 was 4.55.

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. AZoom Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.13.

AZoom Co Days Inventory Historical Data

The historical data trend for AZoom 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.

AZoom Co Days Inventory Chart

AZoom Co Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

Get a 7-Day Free Trial

0.06

0.16

0.17

11.18

AZoom Co 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															1.93	9.54	17.41	19.06	20.06

Competitive Comparison of AZoom Co's Days Inventory

For the Real Estate Services subindustry, AZoom 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.

AZoom Co's Days Inventory Distribution in the Real Estate Industry

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

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

AZoom Co Days Inventory Calculation

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

AZoom Co's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (1.254	+	290.543)	/	2 )	/	4764.591	*	365
=	145.8985					/	4764.591	*	365
=	11.18

AZoom Co'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
=	( (298.494	+	343.225)	/	2 )	/	1459.564	*	365 / 4
=	320.8595					/	1459.564	*	365 / 4
=	20.06

AZoom Co (TSE:3496) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1459.564	/	320.8595
	=	4.55

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	320.8595	/	2531.229
	=	0.13

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.

AZoom Co Days Inventory Related Terms

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

AZoom Co (TSE:3496) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AZoom Co Ltd (TSE:3496) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-1-1, Yoyogi, 16th Floor, Shinjuku Mines Tower, Shibuya-Ku, Tokyo, JPN, 151-0053

Website

https://azoom.jp

AZoom Co Ltd offers commercial services. It engages in buying and selling, mediation, management, and leasing of real estate. The company mainly provides outsourced parking lot operations for property owners. It is also involved in business development through Internet; Internet media development and operation; and management of parking lots.

AZoom Co (TSE:3496) Headlines

No Headlines