Seiren Co (TSE:3569) Days Inventory : 87.83 (As of Dec. 2024)

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What is Seiren Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Seiren Co's Average Total Inventories for the three months ended in Dec. 2024 was 円27,574 Mil. Seiren Co's Cost of Goods Sold for the three months ended in Dec. 2024 was 円28,647 Mil. Hence, Seiren Co's Days Inventory for the three months ended in Dec. 2024 was 87.83.

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

TSE:3569' s Days Inventory Range Over the Past 10 Years
Min: 71.98 Med: 77.65 Max: 94.5
Current: 85.74

During the past 13 years, Seiren Co's highest Days Inventory was 94.50. The lowest was 71.98. And the median was 77.65.

TSE:3569's Days Inventory is ranked better than
68.31% of 991 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 126.66 vs TSE:3569: 85.74

Seiren Co's Days Inventory increased from Dec. 2023 (86.36) to Dec. 2024 (87.83). It might indicate that Seiren Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Seiren Co's Inventory Turnover for the three months ended in Dec. 2024 was 1.04.

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. Seiren Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.68.

Seiren Co Days Inventory Historical Data

The historical data trend for Seiren 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.

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Seiren Co Days Inventory Chart

Seiren Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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81.06

94.50

94.41

91.12

91.32

Seiren Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															86.36	83.14	85.89	88.66	87.83

Competitive Comparison of Seiren Co's Days Inventory

For the Textile Manufacturing subindustry, Seiren 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.

Seiren Co's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Seiren Co's Days Inventory distribution charts can be found below:

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

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Seiren Co Days Inventory Calculation

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

Seiren Co's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (25222	+	26623)	/	2 )	/	103607	*	365
=	25922.5					/	103607	*	365
=	91.32

Seiren Co's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (27813	+	27334)	/	2 )	/	28647	*	365 / 4
=	27573.5					/	28647	*	365 / 4
=	87.83

Seiren Co (TSE:3569) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	28647	/	27573.5
	=	1.04

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	27573.5	/	40487
	=	0.68

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.

Seiren Co Days Inventory Related Terms

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

Seiren Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Seiren Co Ltd (TSE:3569) » Definitions » Days Inventory

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Traded in Other Exchanges

SERNF:USA

Address

1-10-1 Keya, Fukui-ku, Fukui, JPN, 918-8003

Website

http://www.seiren.com

Seiren Co Ltd is a Japan-based fiber manufacturing company. It is a dyeing processor of filament fibers. The company also produces silk, synthetic fibers and textile products used in household interior and apparel. It manufactures industrial materials including automobile interiors such as seats and air bags. The company's segment includes Automotive Interior, High Fashion, Electronics, Environment and Life Materials, Medical and Other. The company generates the majority of its revenue from the Automotive Interior segment.

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