Akasaka Diesels (TSE:6022) Days Inventory : 180.73 (As of Dec. 2023)

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What is Akasaka Diesels Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Akasaka Diesels's Average Total Inventories for the three months ended in Dec. 2023 was 円2,960 Mil. Akasaka Diesels's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,495 Mil. Hence, Akasaka Diesels's Days Inventory for the three months ended in Dec. 2023 was 180.73.

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

TSE:6022' s Days Inventory Range Over the Past 10 Years
Min: 105.73 Med: 139.46 Max: 192.6
Current: 184

During the past 13 years, Akasaka Diesels's highest Days Inventory was 192.60. The lowest was 105.73. And the median was 139.46.

TSE:6022's Days Inventory is ranked worse than
60.07% of 288 companies
in the Aerospace & Defense industry
Industry Median: 148.84 vs TSE:6022: 184.00

Akasaka Diesels's Days Inventory declined from Dec. 2022 (187.44) to Dec. 2023 (180.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. Akasaka Diesels's Inventory Turnover for the three months ended in Dec. 2023 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. Akasaka Diesels's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.88.

Akasaka Diesels Days Inventory Historical Data

The historical data trend for Akasaka Diesels'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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Akasaka Diesels Days Inventory Chart

Akasaka Diesels Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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137.30

129.34

141.62

176.26

192.60

Akasaka Diesels 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															187.44	216.48	176.14	172.75	180.73

Competitive Comparison of Akasaka Diesels's Days Inventory

For the Aerospace & Defense subindustry, Akasaka Diesels'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.

Akasaka Diesels's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Akasaka Diesels's Days Inventory distribution charts can be found below:

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

Akasaka Diesels Days Inventory Calculation

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

Akasaka Diesels'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
=	( (2447.715	+	3013.819)	/	2 )	/	5175.16	*	365
=	2730.767					/	5175.16	*	365
=	192.60

Akasaka Diesels'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
=	( (2884.604	+	3036.223)	/	2 )	/	1494.683	*	365 / 4
=	2960.4135					/	1494.683	*	365 / 4
=	180.73

Akasaka Diesels (TSE:6022) 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.

Akasaka Diesels's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1494.683	/	2960.4135
	=	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.

Akasaka Diesels's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2960.4135	/	1575.913
	=	1.88

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.

Akasaka Diesels Days Inventory Related Terms

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

Akasaka Diesels (TSE:6022) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Akasaka Diesels Ltd (TSE:6022) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

Yurakucho 1 - chome, Yurakucho Electric Building, 14th Floor, South Building, Chiyoda-ku, Tokyo, JPN, 100-0006

Website

http://www.akasaka-diesel.jp

Akasaka Diesels Ltd is a Japan-based machinery manufacturing company. It is mainly engaged in the design, manufacture, and sale of the marine diesel engine and other machinery and equipment. It offers marine and industrial machinery products including 4stroke engine, 2stroke engine, remote controller, institution monitoring equipment, vibration, and noise reduction technology, and air motor. The company is also engaged in selling and leasing of marine equipment, oceanographic instruments, environmental pollution control equipment, satellite utilization measuring equipment, astronomical observation equipment, castings, forged steel products, movable property, and real estate.

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