Power Solutions (TSE:4450) Days Inventory : 2.40 (As of Dec. 2023)

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What is Power Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Power Solutions's Average Total Inventories for the three months ended in Dec. 2023 was 円27 Mil. Power Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,037 Mil. Hence, Power Solutions's Days Inventory for the three months ended in Dec. 2023 was 2.40.

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

TSE:4450' s Days Inventory Range Over the Past 10 Years
Min: 2.6 Med: 3.5 Max: 6.57
Current: 2.6

During the past 7 years, Power Solutions's highest Days Inventory was 6.57. The lowest was 2.60. And the median was 3.50.

TSE:4450's Days Inventory is ranked better than
78.6% of 1561 companies
in the Software industry
Industry Median: 19.5 vs TSE:4450: 2.60

Power Solutions's Days Inventory declined from Dec. 2022 (2.48) to Dec. 2023 (2.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Power Solutions's Inventory Turnover for the three months ended in Dec. 2023 was 38.00.

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. Power Solutions's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.

Power Solutions Days Inventory Historical Data

The historical data trend for Power Solutions'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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Power Solutions Days Inventory Chart

Power Solutions Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

6.57

4.23

3.30

3.26

2.63

Power Solutions Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															2.48	2.41	2.73	2.82	2.40

Competitive Comparison of Power Solutions's Days Inventory

For the Information Technology Services subindustry, Power Solutions'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.

Power Solutions's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Power Solutions's Days Inventory falls into.

Power Solutions Days Inventory Calculation

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

Power Solutions'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
=	( (28.654	+	27.872)	/	2 )	/	3925.332	*	365
=	28.263					/	3925.332	*	365
=	2.63

Power Solutions's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (26.698	+	27.872)	/	2 )	/	1036.904	*	365 / 4
=	27.285					/	1036.904	*	365 / 4
=	2.40

Power Solutions (TSE:4450) 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.

Power Solutions's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1036.904	/	27.285
	=	38.00

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.

Power Solutions's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	27.285	/	1582.57
	=	0.02

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.

Power Solutions Days Inventory Related Terms

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

Power Solutions (TSE:4450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Power Solutions Ltd (TSE:4450) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Otemachi First Square East Tower, 1-5-1 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004

Website

https://www.powersolutions.co.jp

Power Solutions Ltd specializes in corporate information technology activities. It is primarily engaged in the development, operation and maintenance of business consulting systems and outsourcing of business for asset management companies and other financial institutions.

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