Neo Marketing (TSE:4196) Days Inventory : 13.05 (As of Mar. 2024)

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What is Neo Marketing Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Neo Marketing's Average Total Inventories for the three months ended in Mar. 2024 was 円50 Mil. Neo Marketing's Cost of Goods Sold for the three months ended in Mar. 2024 was 円350 Mil. Hence, Neo Marketing's Days Inventory for the three months ended in Mar. 2024 was 13.05.

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

TSE:4196' s Days Inventory Range Over the Past 10 Years
Min: 10.8 Med: 10.98 Max: 15.26
Current: 13.49

During the past 5 years, Neo Marketing's highest Days Inventory was 15.26. The lowest was 10.80. And the median was 10.98.

TSE:4196's Days Inventory is ranked better than
63% of 654 companies
in the Media - Diversified industry
Industry Median: 26.215 vs TSE:4196: 13.49

Neo Marketing's Days Inventory increased from Mar. 2023 (11.24) to Mar. 2024 (13.05). It might indicate that Neo Marketing's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Neo Marketing's Inventory Turnover for the three months ended in Mar. 2024 was 6.99.

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. Neo Marketing's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.08.

Neo Marketing Days Inventory Historical Data

The historical data trend for Neo Marketing'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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Neo Marketing Days Inventory Chart

Neo Marketing Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

10.96

10.98

15.26

13.31

10.80

Neo Marketing Quarterly Data
	Sep19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial											11.24	14.46	11.94	16.12	13.05

Competitive Comparison of Neo Marketing's Days Inventory

For the Advertising Agencies subindustry, Neo Marketing'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.

Neo Marketing's Days Inventory Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Neo Marketing's Days Inventory falls into.

Neo Marketing Days Inventory Calculation

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

Neo Marketing's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (35.369	+	35.842)	/	2 )	/	1203.196	*	365
=	35.6055					/	1203.196	*	365
=	10.80

Neo Marketing's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (63.143	+	37.066)	/	2 )	/	350.318	*	365 / 4
=	50.1045					/	350.318	*	365 / 4
=	13.05

Neo Marketing (TSE:4196) 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.

Neo Marketing's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	350.318	/	50.1045
	=	6.99

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.

Neo Marketing's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	50.1045	/	667.087
	=	0.08

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.

Neo Marketing Days Inventory Related Terms

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

Neo Marketing (TSE:4196) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Neo Marketing Inc (TSE:4196) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

16-25 Nanpeidaicho, Yomeishu Building, Shibuya-ku, Tokyo, JPN, 150-0036

Website

https://www.neo-m.jp

Neo Marketing Inc is involved in the marketing consulting business.

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