Ohara (TSE:5218) Days Inventory : 260.30 (As of Oct. 2024)

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What is Ohara Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ohara's Average Total Inventories for the three months ended in Oct. 2024 was 円14,085 Mil. Ohara's Cost of Goods Sold for the three months ended in Oct. 2024 was 円4,938 Mil. Hence, Ohara's Days Inventory for the three months ended in Oct. 2024 was 260.30.

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

TSE:5218' s Days Inventory Range Over the Past 10 Years
Min: 189.73 Med: 214.02 Max: 277.41
Current: 265.89

During the past 13 years, Ohara's highest Days Inventory was 277.41. The lowest was 189.73. And the median was 214.02.

TSE:5218's Days Inventory is ranked worse than
89.48% of 2387 companies
in the Hardware industry
Industry Median: 96.48 vs TSE:5218: 265.89

Ohara's Days Inventory declined from Oct. 2023 (268.07) to Oct. 2024 (260.30).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ohara's Inventory Turnover for the three months ended in Oct. 2024 was 0.35.

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. Ohara's Inventory-to-Revenue for the three months ended in Oct. 2024 was 1.99.

Ohara Days Inventory Historical Data

The historical data trend for Ohara'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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Ohara Days Inventory Chart

Ohara Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Days Inventory

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277.41

213.89

214.14

252.11

268.95

Ohara Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Days Inventory	Get a 7-Day Free Trial															294.78	267.48	249.04	260.30	284.00

Competitive Comparison of Ohara's Days Inventory

For the Electronic Components subindustry, Ohara'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.

Ohara's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ohara's Days Inventory distribution charts can be found below:

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

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Ohara Days Inventory Calculation

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

Ohara's Days Inventory for the fiscal year that ended in Oct. 2024 is calculated as

	Days Inventory (A: Oct. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Oct. 2023 )	+	Total Inventories (A: Oct. 2024 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2024 )	*	Days in Period
=	( (13871.998	+	14312.81)	/	2 )	/	19125.422	*	365
=	14092.404					/	19125.422	*	365
=	268.95

Ohara's Days Inventory for the quarter that ended in Oct. 2024 is calculated as:

	Days Inventory (Q: Oct. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jul. 2024 )	+	Total Inventories (Q: Oct. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2024 )	*	Days in Period
=	( (13857.343	+	14312.81)	/	2 )	/	4937.66	*	365 / 4
=	14085.0765					/	4937.66	*	365 / 4
=	260.30

Ohara (TSE:5218) 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.

Ohara's Inventory Turnover for the three months ended in Oct. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4937.66	/	14085.0765
	=	0.35

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.

Ohara's Inventory to Revenue for the three months ended in Oct. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14085.0765	/	7071.101
	=	1.99

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.

Ohara Days Inventory Related Terms

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

Ohara Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ohara Inc (TSE:5218) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-15-30, Oyama, Chuo-ku, Kanagawa, Sagamihara-Shi, JPN, 252-5286

Website

http://www.ohara-inc.co.jp

Ohara Inc is engaged in the manufacturing and sales of optical glass products and electronic products. It operates through the Optical and Electronics divisions. The Optical division manufactures and sells optical glass materials for digital-related products such as digital cameras and liquid crystal (LC) projectors, as well as a lens for mold presses, among others. The Electronics division manufactures and sells glass discs of hard disc drives that are used in mobile devices, high-homogenous glass materials and low-expansion glass-ceramic used in semiconductor manufacturing machinery and others. It derives prime revenue from the Optical business segment.

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