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Value Golf (TSE:3931) Days Inventory : 125.63 (As of Jan. 2024)


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What is Value Golf Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Value Golf's Average Total Inventories for the three months ended in Jan. 2024 was 円766 Mil. Value Golf's Cost of Goods Sold for the three months ended in Jan. 2024 was 円557 Mil. Hence, Value Golf's Days Inventory for the three months ended in Jan. 2024 was 125.63.

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

TSE:3931' s Days Inventory Range Over the Past 10 Years
Min: 1.63   Med: 63.85   Max: 126.77
Current: 126.77

During the past 10 years, Value Golf's highest Days Inventory was 126.77. The lowest was 1.63. And the median was 63.85.

TSE:3931's Days Inventory is ranked worse than
79.88% of 656 companies
in the Media - Diversified industry
Industry Median: 25.75 vs TSE:3931: 126.77

Value Golf's Days Inventory increased from Jan. 2023 (117.61) to Jan. 2024 (125.63). It might indicate that Value Golf's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Value Golf's Inventory Turnover for the three months ended in Jan. 2024 was 0.73.

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. Value Golf's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.86.


Value Golf Days Inventory Historical Data

The historical data trend for Value Golf'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.

Value Golf Days Inventory Chart

Value Golf Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.01 63.17 74.93 87.64 115.86

Value Golf Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 117.61 144.31 137.61 113.29 125.63

Competitive Comparison of Value Golf's Days Inventory

For the Publishing subindustry, Value Golf'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.


Value Golf's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Value Golf's Days Inventory distribution charts can be found below:

* The bar in red indicates where Value Golf's Days Inventory falls into.



Value Golf Days Inventory Calculation

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

Value Golf's Days Inventory for the fiscal year that ended in Jan. 2024 is calculated as

Days Inventory (A: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (784.117 + 712.474) / 2 ) / 2357.325*365
=748.2955 / 2357.325*365
=115.86

Value Golf's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (819.925 + 712.474) / 2 ) / 556.515*365 / 4
=766.1995 / 556.515*365 / 4
=125.63

* 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.


Value Golf  (TSE:3931) 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.

Value Golf's Inventory Turnover for the three months ended in Jan. 2024 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.

Value Golf's Inventory to Revenue for the three months ended in Jan. 2024 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.


Value Golf Days Inventory Related Terms

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


Value Golf (TSE:3931) Business Description

Traded in Other Exchanges
N/A
Address
Shiba 4-chome Minato-ku, Tokyo Fast Okada Building, 4th and 5th floor, Tokyo, JPN, 108-0014
Value Golf Inc is engaged in the management of golf-related media, issues Golf magazines, and manages WEB services, develops systems and provides ASP services related to golf. It offers value service in both real and WEB. It also has advertisement media production business and medical business which include publication, service management for medical institutions.

Value Golf (TSE:3931) Headlines

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