GURUFOCUS.COM » STOCK LIST » Technology » Software » Neural Group Inc (TSE:4056) » Definitions » Days Inventory

Neural Group (TSE:4056) Days Inventory : 84.26 (As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Neural Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Neural Group's Average Total Inventories for the three months ended in Jun. 2024 was 円278 Mil. Neural Group's Cost of Goods Sold for the three months ended in Jun. 2024 was 円301 Mil. Hence, Neural Group's Days Inventory for the three months ended in Jun. 2024 was 84.26.

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

TSE:4056' s Days Inventory Range Over the Past 10 Years
Min: 72.9   Med: 112.59   Max: 154.97
Current: 87.8

During the past 6 years, Neural Group's highest Days Inventory was 154.97. The lowest was 72.90. And the median was 112.59.

TSE:4056's Days Inventory is ranked worse than
78.39% of 1555 companies
in the Software industry
Industry Median: 18.72 vs TSE:4056: 87.80

Neural Group's Days Inventory declined from Jun. 2023 (104.25) to Jun. 2024 (84.26).

Inventory Turnover measures how fast the company turns over its inventory within a year. Neural Group's Inventory Turnover for the three months ended in Jun. 2024 was 1.08.

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. Neural Group's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.32.


Neural Group Days Inventory Historical Data

The historical data trend for Neural Group'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.

Neural Group Days Inventory Chart

Neural Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - 154.97 131.47 72.90 93.70

Neural Group Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 104.25 94.57 83.28 97.33 84.26

Competitive Comparison of Neural Group's Days Inventory

For the Information Technology Services subindustry, Neural Group'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.


Neural Group's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Neural Group's Days Inventory falls into.



Neural Group Days Inventory Calculation

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

Neural Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (290.114 + 282.349) / 2 ) / 1115.028*365
=286.2315 / 1115.028*365
=93.70

Neural Group's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (287.117 + 268.415) / 2 ) / 300.814*365 / 4
=277.766 / 300.814*365 / 4
=84.26

* 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.


Neural Group  (TSE:4056) 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.

Neural Group's Inventory Turnover for the three months ended in Jun. 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.

Neural Group's Inventory to Revenue for the three months ended in Jun. 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.


Neural Group Days Inventory Related Terms

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


Neural Group Business Description

Traded in Other Exchanges
N/A
Address
1-1-2, Yurakucho, Hibiya Mitsui Tower 32F, Tokyo Midtown Hibiya, Tokyo, Chiyoda-ku, JPN, 100-0006
Neural Group Inc offers solutions using image and video analysis technology based on proprietary AI algorithms and edge computing technology. The company develops and owns various AI technologies such as object detection in images and videos, classification, spatial recognition, human body/movement analysis, and facial expression/browsing analysis.

Neural Group Headlines

No Headlines