Techno Quartz (TSE:5217) Days Inventory : 181.59 (As of Mar. 2024)

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What is Techno Quartz Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Techno Quartz's Average Total Inventories for the three months ended in Mar. 2024 was 円6,111 Mil. Techno Quartz's Cost of Goods Sold for the three months ended in Mar. 2024 was 円3,071 Mil. Hence, Techno Quartz's Days Inventory for the three months ended in Mar. 2024 was 181.59.

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

TSE:5217's Days Inventory is not ranked ^*
in the Semiconductors industry.
Industry Median: 119.16
* Ranked among companies with meaningful Days Inventory only.

Techno Quartz's Days Inventory increased from Mar. 2023 (139.52) to Mar. 2024 (181.59). It might indicate that Techno Quartz's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Techno Quartz's Inventory Turnover for the three months ended in Mar. 2024 was 0.50.

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. Techno Quartz's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.35.

Techno Quartz Days Inventory Historical Data

The historical data trend for Techno Quartz'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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Techno Quartz Days Inventory Chart

Techno Quartz Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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127.62

105.32

103.68

116.51

184.33

Techno Quartz 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															139.52	188.21	198.14	193.45	181.59

Competitive Comparison of Techno Quartz's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Techno Quartz'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.

Techno Quartz's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Techno Quartz's Days Inventory distribution charts can be found below:

* The bar in red indicates where Techno Quartz's Days Inventory falls into.

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Techno Quartz Days Inventory Calculation

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

Techno Quartz'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
=	( (5565.818	+	6130.562)	/	2 )	/	11580.358	*	365
=	5848.19					/	11580.358	*	365
=	184.33

Techno Quartz'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
=	( (6090.953	+	6130.562)	/	2 )	/	3070.741	*	365 / 4
=	6110.7575					/	3070.741	*	365 / 4
=	181.59

Techno Quartz (TSE:5217) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3070.741	/	6110.7575
	=	0.50

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6110.7575	/	4524.083
	=	1.35

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.

Techno Quartz Days Inventory Related Terms

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

Techno Quartz Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Techno Quartz Inc (TSE:5217) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-32-2 Honcho, Harmony Tower 12th floor, Nakano-ku, Tokyo, JPN, 164-0012

Website

http://www.techno-q.com

Techno Quartz Inc is engaged in the manufacturing of semiconductors, LCD, and optics. The products of the company include vertical quartz boat, bell jar, gas distribution plate, and quartz ring.

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