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Seraku Co (TSE:6199) Days Inventory : 2.10 (As of Feb. 2024)


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What is Seraku Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Seraku Co's Average Total Inventories for the three months ended in Feb. 2024 was 円94 Mil. Seraku Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円4,082 Mil. Hence, Seraku Co's Days Inventory for the three months ended in Feb. 2024 was 2.10.

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

TSE:6199' s Days Inventory Range Over the Past 10 Years
Min: 0.68   Med: 1.96   Max: 2.44
Current: 2.44

During the past 9 years, Seraku Co's highest Days Inventory was 2.44. The lowest was 0.68. And the median was 1.96.

TSE:6199's Days Inventory is ranked better than
79.63% of 1561 companies
in the Software industry
Industry Median: 18.99 vs TSE:6199: 2.44

Seraku Co's Days Inventory declined from Feb. 2023 (2.38) to Feb. 2024 (2.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. Seraku Co's Inventory Turnover for the three months ended in Feb. 2024 was 43.48.

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. Seraku Co's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.02.


Seraku Co Days Inventory Historical Data

The historical data trend for Seraku 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.

Seraku Co Days Inventory Chart

Seraku Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 1.80 1.79 2.39 2.38 2.11

Seraku Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.38 3.01 2.63 2.25 2.10

Competitive Comparison of Seraku Co's Days Inventory

For the Information Technology Services subindustry, Seraku 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.


Seraku Co's Days Inventory Distribution in the Software Industry

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

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



Seraku Co Days Inventory Calculation

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

Seraku Co's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (86.02 + 95.317) / 2 ) / 15680.105*365
=90.6685 / 15680.105*365
=2.11

Seraku Co's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (104.299 + 83.486) / 2 ) / 4082.495*365 / 4
=93.8925 / 4082.495*365 / 4
=2.10

* 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.


Seraku Co  (TSE:6199) 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.

Seraku Co's Inventory Turnover for the three months ended in Feb. 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.

Seraku Co's Inventory to Revenue for the three months ended in Feb. 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.


Seraku Co Days Inventory Related Terms

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


Seraku Co (TSE:6199) Business Description

Traded in Other Exchanges
N/A
Address
7-5-25 Nishi-Shinjuku, Shinjuku-ku, 6th floor, Nishishinjuku Prime Square Blog, Tokyo, JPN, 160-0023
Seraku Co Ltd is a Japanese firm. It is engaged in providing on-site solutions and services including IT infrastructure, smart solutions, WEB marketing communications, and agriculture IoT solutions services. It deals with information infrastructure construction and operation, cloud technology, information security technology, smart technology.

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