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Digital Garage (TSE:4819) Days Inventory : 13.57 (As of Mar. 2024)


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What is Digital Garage Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Digital Garage's Average Total Inventories for the three months ended in Mar. 2024 was 円426 Mil. Digital Garage's Cost of Goods Sold for the three months ended in Mar. 2024 was 円2,864 Mil. Hence, Digital Garage's Days Inventory for the three months ended in Mar. 2024 was 13.57.

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

TSE:4819' s Days Inventory Range Over the Past 10 Years
Min: 0.78   Med: 9.04   Max: 14.3
Current: 14.3

During the past 13 years, Digital Garage's highest Days Inventory was 14.30. The lowest was 0.78. And the median was 9.04.

TSE:4819's Days Inventory is ranked better than
54.7% of 1563 companies
in the Software industry
Industry Median: 19.18 vs TSE:4819: 14.30

Digital Garage's Days Inventory increased from Mar. 2023 (13.54) to Mar. 2024 (13.57). It might indicate that Digital Garage's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Digital Garage's Inventory Turnover for the three months ended in Mar. 2024 was 6.72.

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. Digital Garage's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.04.


Digital Garage Days Inventory Historical Data

The historical data trend for Digital Garage'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.

Digital Garage Days Inventory Chart

Digital Garage Annual Data
Trend Jun15 Jun16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.35 9.95 10.61 12.73 13.42

Digital Garage 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 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 13.54 13.49 15.87 15.34 13.57

Competitive Comparison of Digital Garage's Days Inventory

For the Information Technology Services subindustry, Digital Garage'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.


Digital Garage's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Digital Garage's Days Inventory falls into.



Digital Garage Days Inventory Calculation

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

Digital Garage's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (357 + 428) / 2 ) / 10676*365
=392.5 / 10676*365
=13.42

Digital Garage'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
=( (424 + 428) / 2 ) / 2864*365 / 4
=426 / 2864*365 / 4
=13.57

* 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.


Digital Garage  (TSE:4819) 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.

Digital Garage's Inventory Turnover for the three months ended in Mar. 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.

Digital Garage's Inventory to Revenue for the three months 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.


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.


Digital Garage Days Inventory Related Terms

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


Digital Garage (TSE:4819) Business Description

Traded in Other Exchanges
Address
Daikanyama DG Bldg., Tokyo, JPN
Digital Garage Inc integrates three technologies--information technology, marketing technology, and financial technology--into one solution that it provides to its business customers. The company operates three primary business segments. The incubation segment invests in and develops startups and new businesses. The marketing segment provides advertising and promotion solutions that reach consumers. The financial segment offers payment solutions to monetize Internet businesses. The marketing and financial segments provide most of the company's revenue. Digital Garage operates primarily in Japan.

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