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Nihon Knowledge Co (TSE:5252) Days Inventory : 0.38 (As of Sep. 2024)


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What is Nihon Knowledge Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nihon Knowledge Co's Average Total Inventories for the three months ended in Sep. 2024 was 円3 Mil. Nihon Knowledge Co's Cost of Goods Sold for the three months ended in Sep. 2024 was 円839 Mil. Hence, Nihon Knowledge Co's Days Inventory for the three months ended in Sep. 2024 was 0.38.

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

TSE:5252' s Days Inventory Range Over the Past 10 Years
Min: 0.46   Med: 1.92   Max: 2.51
Current: 0.46

During the past 4 years, Nihon Knowledge Co's highest Days Inventory was 2.51. The lowest was 0.46. And the median was 1.92.

TSE:5252's Days Inventory is ranked better than
92.16% of 1595 companies
in the Software industry
Industry Median: 20.36 vs TSE:5252: 0.46

Nihon Knowledge Co's Days Inventory declined from Sep. 2023 (0.76) to Sep. 2024 (0.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nihon Knowledge Co's Inventory Turnover for the three months ended in Sep. 2024 was 243.00.

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. Nihon Knowledge Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.


Nihon Knowledge Co Days Inventory Historical Data

The historical data trend for Nihon Knowledge 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.

* Premium members only.

Nihon Knowledge Co Days Inventory Chart

Nihon Knowledge Co Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Inventory
1.80 2.03 2.51 1.50

Nihon Knowledge Co Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.48 0.52 0.43 0.38

Competitive Comparison of Nihon Knowledge Co's Days Inventory

For the Software - Application subindustry, Nihon Knowledge 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.


Nihon Knowledge Co's Days Inventory Distribution in the Software Industry

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

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


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Nihon Knowledge Co Days Inventory Calculation

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

Nihon Knowledge Co'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
=( (21.288 + 5.61) / 2 ) / 3263.521*365
=13.449 / 3263.521*365
=1.50

Nihon Knowledge Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (2.453 + 4.449) / 2 ) / 838.582*365 / 4
=3.451 / 838.582*365 / 4
=0.38

* 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.


Nihon Knowledge Co  (TSE:5252) 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.

Nihon Knowledge Co's Inventory Turnover for the three months ended in Sep. 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.

Nihon Knowledge Co's Inventory to Revenue for the three months ended in Sep. 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.


Nihon Knowledge Co Days Inventory Related Terms

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


Nihon Knowledge Co Business Description

Traded in Other Exchanges
N/A
Address
JS Building 9th Floor, 3-19-5 Kotobuki, Taito-ku, Tokyo, JPN, 111-0042
Nihon Knowledge Co Ltd is a comprehensive ICT service company that provides quality and test technology, development, and security products with a thorough user orientation. The company's services include verification services, Development services, and consultation services. The verification services include Resolving software verification issues through a track record of numerous projects and accumulation of know-how. The development services include management systems for steel wholesalers and processing industries and others.

Nihon Knowledge Co Headlines

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