Ichikawa Co (TSE:3513) Days Inventory : 191.66 (As of Dec. 2023)

View and export this data going back to 1951. Start your Free Trial

What is Ichikawa Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ichikawa Co's Average Total Inventories for the three months ended in Dec. 2023 was 円3,705 Mil. Ichikawa Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,764 Mil. Hence, Ichikawa Co's Days Inventory for the three months ended in Dec. 2023 was 191.66.

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

TSE:3513' s Days Inventory Range Over the Past 10 Years
Min: 147.91 Med: 155.78 Max: 171.3
Current: 171.3

During the past 13 years, Ichikawa Co's highest Days Inventory was 171.30. The lowest was 147.91. And the median was 155.78.

TSE:3513's Days Inventory is ranked worse than
82.01% of 278 companies
in the Forest Products industry
Industry Median: 90.005 vs TSE:3513: 171.30

Ichikawa Co's Days Inventory increased from Dec. 2022 (147.79) to Dec. 2023 (191.66). It might indicate that Ichikawa Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ichikawa Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.48.

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. Ichikawa Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.15.

Ichikawa Co Days Inventory Historical Data

The historical data trend for Ichikawa 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.

Ichikawa Co Days Inventory Chart

Ichikawa Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

157.20

166.15

168.69

157.47

154.35

Ichikawa Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															147.79	162.21	168.95	164.10	191.66

Competitive Comparison of Ichikawa Co's Days Inventory

For the Paper & Paper Products subindustry, Ichikawa 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.

Ichikawa Co's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ichikawa Co's Days Inventory distribution charts can be found below:

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

Ichikawa Co Days Inventory Calculation

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

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

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (3232	+	3463)	/	2 )	/	7916	*	365
=	3347.5					/	7916	*	365
=	154.35

Ichikawa Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3642	+	3768)	/	2 )	/	1764	*	365 / 4
=	3705					/	1764	*	365 / 4
=	191.66

Ichikawa Co (TSE:3513) 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.

Ichikawa Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1764	/	3705
	=	0.48

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.

Ichikawa Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3705	/	3226
	=	1.15

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.

Ichikawa Co Days Inventory Related Terms

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

Ichikawa Co (TSE:3513) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Ichikawa Co Ltd (TSE:3513) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 - 15, Hongo 2 Chome, Bunkyo ku, Hongo 2, Tokyo, JPN, 113-8442

Website

http://www.ik-felt.co.jp

Ichikawa Co Ltd is engaged in the manufacture and distribution of papermaking felts, papermaking belts, felts for slate and industrial felts in Japan. It offers papermaking press felts and belts, and shoe press and transfer belts; industrial products, such as heat-resistant conveyance equipment and cushioning material for use in the manufacture of car bodies, aluminum parts, and others.

Ichikawa Co (TSE:3513) Headlines

No Headlines