Logizard Co (TSE:4391) Days Inventory : 10.83 (As of Mar. 2024)

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What is Logizard Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Logizard Co's Average Total Inventories for the three months ended in Mar. 2024 was 円26 Mil. Logizard Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円218 Mil. Hence, Logizard Co's Days Inventory for the three months ended in Mar. 2024 was 10.83.

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

TSE:4391' s Days Inventory Range Over the Past 10 Years
Min: 7.44 Med: 14.01 Max: 19.63
Current: 9.11

During the past 8 years, Logizard Co's highest Days Inventory was 19.63. The lowest was 7.44. And the median was 14.01.

TSE:4391's Days Inventory is ranked better than
61.67% of 1560 companies
in the Software industry
Industry Median: 18.89 vs TSE:4391: 9.11

Logizard Co's Days Inventory increased from Mar. 2023 (9.99) to Mar. 2024 (10.83). It might indicate that Logizard Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Logizard Co's Inventory Turnover for the three months ended in Mar. 2024 was 8.43.

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. Logizard Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.05.

Logizard Co Days Inventory Historical Data

The historical data trend for Logizard Co'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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Logizard Co Days Inventory Chart

Logizard Co Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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17.76

13.34

15.25

12.24

7.44

Logizard Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															9.99	7.65	8.31	9.20	10.83

Competitive Comparison of Logizard Co's Days Inventory

For the Software - Infrastructure subindustry, Logizard Co'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.

Logizard Co's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Logizard Co's Days Inventory falls into.

Logizard Co Days Inventory Calculation

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

Logizard Co's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (19.578	+	17.081)	/	2 )	/	899.121	*	365
=	18.3295					/	899.121	*	365
=	7.44

Logizard Co'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
=	( (26.398	+	25.276)	/	2 )	/	217.763	*	365 / 4
=	25.837					/	217.763	*	365 / 4
=	10.83

Logizard Co (TSE:4391) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	217.763	/	25.837
	=	8.43

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	25.837	/	478.109
	=	0.05

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.

Logizard Co Days Inventory Related Terms

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

Logizard Co (TSE:4391) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Logizard Co Ltd (TSE:4391) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3-6 Nihonbashi Ningyo-cho, Chuo-ku, Tokyo, JPN, 103-0013

Website

https://www.logizard-zero.com

Logizard Co Ltd provides cloud WMS in Japan. Its system provides barcode control system for prevention of an erroneous operation and delivering the accurate and real-time warehouse management technology.

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