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Japan Insulation Co (TSE:5368) Days Inventory : 46.46 (As of Dec. 2023)


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What is Japan Insulation Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Japan Insulation Co's Average Total Inventories for the three months ended in Dec. 2023 was 円1,102 Mil. Japan Insulation Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,165 Mil. Hence, Japan Insulation Co's Days Inventory for the three months ended in Dec. 2023 was 46.46.

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

TSE:5368' s Days Inventory Range Over the Past 10 Years
Min: 30.82   Med: 34.87   Max: 44
Current: 44

During the past 6 years, Japan Insulation Co's highest Days Inventory was 44.00. The lowest was 30.82. And the median was 34.87.

TSE:5368's Days Inventory is ranked better than
90.59% of 2911 companies
in the Industrial Products industry
Industry Median: 120.17 vs TSE:5368: 44.00

Japan Insulation Co's Days Inventory increased from Dec. 2022 (35.14) to Dec. 2023 (46.46). It might indicate that Japan Insulation Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Japan Insulation Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.96.

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. Japan Insulation Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.36.


Japan Insulation Co Days Inventory Historical Data

The historical data trend for Japan Insulation 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.

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Japan Insulation Co Days Inventory Chart

Japan Insulation Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial 36.77 33.60 34.23 30.82 36.46

Japan Insulation Co Quarterly Data
Mar18 Mar19 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 35.14 39.44 45.25 45.79 46.46

Competitive Comparison of Japan Insulation Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Japan Insulation 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.


Japan Insulation Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Japan Insulation Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Japan Insulation Co's Days Inventory falls into.



Japan Insulation Co Days Inventory Calculation

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

Japan Insulation Co'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
=( (798.85 + 1021.449) / 2 ) / 9112.333*365
=910.1495 / 9112.333*365
=36.46

Japan Insulation Co'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
=( (1085.924 + 1118.2) / 2 ) / 2164.513*365 / 4
=1102.062 / 2164.513*365 / 4
=46.46

* 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.


Japan Insulation Co  (TSE:5368) 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.

Japan Insulation Co'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.

Japan Insulation Co'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.


Japan Insulation Co Days Inventory Related Terms

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


Japan Insulation Co (TSE:5368) Business Description

Traded in Other Exchanges
N/A
Address
Beside Kiba 3rd Floor, 2-17-16, Kiba, Koto-ku, Tokyo, JPN, 135-0042
Japan Insulation Co Ltd is engaged in manufacturing and selling heat insulating materials made of Xonotlite-type calcium silicate. The company develops, produces, and sells disaster prevention materials to disturb a fire, including fireproof and non-combustible materials for buildings, non-combustible interior materials for ships, thermal insulation materials for plant equipment, fireproof materials for telecommunication cables for bridges and tunnels, boards for processing sculptures and signboards, and lightweight and highly heat resistant inorganic powder.

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