Days Inventory is also known as Days Sales of Inventory (DSI). Showa Paxxs's Average Total Inventories for the
three
months ended in Dec. 2023 was 円2,950 Mil. Showa Paxxs's Cost of Goods Sold for the
three
months ended in Dec. 2023 was 円4,304 Mil.
Hence, Showa Paxxs's Days Inventory for the
three
months ended in Dec. 2023 was 62.54.
The historical rank and industry rank for Showa Paxxs's Days Inventory or its related term are showing as below:
TSE:3954'
s Days Inventory Range Over the Past 10 Years
Min: 46.15 Med: 49.76 Max: 59.71
Current: 59.71
During the past 13 years, Showa Paxxs's highest Days Inventory was 59.71. The lowest was 46.15. And the median was 49.76.
TSE:3954's Days Inventory is ranked better than 68.96% of 364
companies
in the Packaging & Containers industry
Industry Median: 77.535
vs TSE:3954: 59.71
Showa Paxxs's Days Inventory
increased
from Dec. 2022 (54.46) to Dec. 2023 (62.54).
It might indicate that Showa Paxxs's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Showa Paxxs's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.46.
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.
Showa Paxxs's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.56.
Showa Paxxs Days Inventory Historical Data
The historical data trend for Showa Paxxs'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.
Competitive Comparison of Showa Paxxs's Days Inventory
For the Packaging & Containers subindustry, Showa Paxxs'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.
Showa Paxxs's Days Inventory Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Showa Paxxs's Days Inventory distribution charts can be found below:
* The bar in red indicates where Showa Paxxs's Days Inventory falls into.
Showa Paxxs Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Showa Paxxs's Days Inventory for the fiscal year that ended in Mar. 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.
Showa Paxxs (TSE:3954) 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.
Showa Paxxs'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.
Showa Paxxs'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.
Showa Paxxs Days Inventory Related Terms
Thank you for viewing the detailed overview of Showa Paxxs's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Showa Paxxs Corporation is an industrial packaging container manufacturer. It is engaged in manufacturing and selling packaging materials and containers. The products offered by the company include heavy wrapping paper bags, containers, film, and packaging machine equipment systems.
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