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Asia Pile Holdings (TSE:5288) Days Inventory : 50.79 (As of Dec. 2023)


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What is Asia Pile Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asia Pile Holdings's Average Total Inventories for the three months ended in Dec. 2023 was 円12,519 Mil. Asia Pile Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円22,492 Mil. Hence, Asia Pile Holdings's Days Inventory for the three months ended in Dec. 2023 was 50.79.

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

TSE:5288' s Days Inventory Range Over the Past 10 Years
Min: 40.5   Med: 49.48   Max: 66.03
Current: 50.08

During the past 13 years, Asia Pile Holdings's highest Days Inventory was 66.03. The lowest was 40.50. And the median was 49.48.

TSE:5288's Days Inventory is ranked better than
73.98% of 369 companies
in the Building Materials industry
Industry Median: 83.79 vs TSE:5288: 50.08

Asia Pile Holdings's Days Inventory increased from Dec. 2022 (49.64) to Dec. 2023 (50.79). It might indicate that Asia Pile Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asia Pile Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 1.80.

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. Asia Pile Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.47.


Asia Pile Holdings Days Inventory Historical Data

The historical data trend for Asia Pile Holdings'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.

Asia Pile Holdings Days Inventory Chart

Asia Pile Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.03 58.23 54.94 48.38 40.50

Asia Pile Holdings Quarterly Data
Mar19 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 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 49.64 44.78 49.03 53.44 50.79

Competitive Comparison of Asia Pile Holdings's Days Inventory

For the Building Materials subindustry, Asia Pile Holdings'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.


Asia Pile Holdings's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Asia Pile Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Asia Pile Holdings's Days Inventory falls into.



Asia Pile Holdings Days Inventory Calculation

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

Asia Pile Holdings's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (10014 + 10778) / 2 ) / 93689*365
=10396 / 93689*365
=40.50

Asia Pile Holdings'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
=( (12365 + 12673) / 2 ) / 22492*365 / 4
=12519 / 22492*365 / 4
=50.79

* 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.


Asia Pile Holdings  (TSE:5288) 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.

Asia Pile Holdings's Inventory Turnover for the three months ended in Dec. 2023 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.

Asia Pile Holdings's Inventory to Revenue for the three months ended in Dec. 2023 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.


Asia Pile Holdings Days Inventory Related Terms

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


Asia Pile Holdings (TSE:5288) Business Description

Traded in Other Exchanges
N/A
Address
2-1-10 Koraibashi, Chuo-ku, Osaka, JPN, 5410043
Asia Pile Holdings Corp is a construction company specializing in pile foundation. Pile foundation can be classified into three types; concrete pile, steel pipe pile and cast-in-place pile.

Asia Pile Holdings (TSE:5288) Headlines

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