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Double Standard (TSE:3925) Days Inventory : 3.58 (As of Dec. 2023)


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What is Double Standard Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Double Standard's Average Total Inventories for the three months ended in Dec. 2023 was 円37 Mil. Double Standard's Cost of Goods Sold for the three months ended in Dec. 2023 was 円946 Mil. Hence, Double Standard's Days Inventory for the three months ended in Dec. 2023 was 3.58.

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

TSE:3925' s Days Inventory Range Over the Past 10 Years
Min: 3.94   Med: 15   Max: 44.3
Current: 3.94

During the past 9 years, Double Standard's highest Days Inventory was 44.30. The lowest was 3.94. And the median was 15.00.

TSE:3925's Days Inventory is ranked better than
74.31% of 1561 companies
in the Software industry
Industry Median: 19.5 vs TSE:3925: 3.94

Double Standard's Days Inventory increased from Dec. 2022 (1.38) to Dec. 2023 (3.58). It might indicate that Double Standard's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Double Standard's Inventory Turnover for the three months ended in Dec. 2023 was 25.49.

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. Double Standard's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.


Double Standard Days Inventory Historical Data

The historical data trend for Double Standard'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.

Double Standard Days Inventory Chart

Double Standard Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 20.50 4.13 5.09 7.61 9.27

Double Standard 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 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 Premium Member Only Premium Member Only 1.38 3.02 5.67 4.32 3.58

Competitive Comparison of Double Standard's Days Inventory

For the Information Technology Services subindustry, Double Standard'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.


Double Standard's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Double Standard's Days Inventory distribution charts can be found below:

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



Double Standard Days Inventory Calculation

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

Double Standard'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
=( (155.673 + 44.997) / 2 ) / 3949.773*365
=100.335 / 3949.773*365
=9.27

Double Standard'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
=( (27.818 + 46.422) / 2 ) / 946.122*365 / 4
=37.12 / 946.122*365 / 4
=3.58

* 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.


Double Standard  (TSE:3925) 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.

Double Standard's Inventory Turnover for the three months ended in Dec. 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.

Double Standard's Inventory to Revenue for the three months ended in Dec. 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.


Double Standard Days Inventory Related Terms

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


Double Standard (TSE:3925) Business Description

Traded in Other Exchanges
N/A
Address
3-3-3 Akasaka, 4th Floor, Sumitomo Life Akasaka Building, Minato-ku, Tokyo, JPN, 107-0052
Double Standard Inc is a business support company, engages in the generation and provision of enterprise big data. It also provides service planning and system development services using technology developed in the data generation process. The company operates through two business divisions: Big Data related business and the Services Planning Development business. The Big Data related business mainly provides customers the data related to the operation support and business reduction, as well as the high utilization value content, among others. The Services Planning Development business mainly provides services based on the research of the way of customer and enterprise business process, using the information collection, processing and matching, as well as the data cleansing technology.

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