Rheon Automatic Machinery Co (TSE:6272) Days Inventory : 158.81 (As of Dec. 2023)

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What is Rheon Automatic Machinery Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rheon Automatic Machinery Co's Average Total Inventories for the three months ended in Dec. 2023 was 円8,400 Mil. Rheon Automatic Machinery Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円4,827 Mil. Hence, Rheon Automatic Machinery Co's Days Inventory for the three months ended in Dec. 2023 was 158.81.

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

TSE:6272' s Days Inventory Range Over the Past 10 Years
Min: 106.27 Med: 130.79 Max: 164.49
Current: 141.92

During the past 13 years, Rheon Automatic Machinery Co's highest Days Inventory was 164.49. The lowest was 106.27. And the median was 130.79.

TSE:6272's Days Inventory is ranked worse than
58.92% of 2904 companies
in the Industrial Products industry
Industry Median: 121.915 vs TSE:6272: 141.92

Rheon Automatic Machinery Co's Days Inventory increased from Dec. 2022 (129.59) to Dec. 2023 (158.81). It might indicate that Rheon Automatic Machinery Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rheon Automatic Machinery Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.57.

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. Rheon Automatic Machinery Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.93.

Rheon Automatic Machinery Co Days Inventory Historical Data

The historical data trend for Rheon Automatic Machinery 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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Rheon Automatic Machinery Co Days Inventory Chart

Rheon Automatic Machinery Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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141.93

164.49

139.41

123.01

132.60

Rheon Automatic Machinery Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															134.95	165.21	136.99	158.81	123.99

Competitive Comparison of Rheon Automatic Machinery Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Rheon Automatic Machinery 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.

Rheon Automatic Machinery Co's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Rheon Automatic Machinery Co's Days Inventory falls into.

Rheon Automatic Machinery Co Days Inventory Calculation

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

Rheon Automatic Machinery 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
=	( (7373.112	+	7820.768)	/	2 )	/	20911.082	*	365
=	7596.94					/	20911.082	*	365
=	132.60

Rheon Automatic Machinery 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
=	( (8225.595	+	8574.531)	/	2 )	/	4826.586	*	365 / 4
=	8400.063					/	4826.586	*	365 / 4
=	158.81

Rheon Automatic Machinery Co (TSE:6272) 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.

Rheon Automatic Machinery Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4826.586	/	8400.063
	=	0.57

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.

Rheon Automatic Machinery Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8400.063	/	9014.045
	=	0.93

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.

Rheon Automatic Machinery Co Days Inventory Related Terms

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

Rheon Automatic Machinery Co (TSE:6272) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rheon Automatic Machinery Co Ltd (TSE:6272) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-12-5 Higashi Azabu, Minato-ku, Tokyo, JPN, 320-0071

Website

http://www.rheon.com

Rheon Automatic Machinery Co Ltd is a Japanese company engaged in developing, manufacturing and supplying a wide range of food processing machines, and factory systems. It develops fully automated croissant production line and automatic filled product machine. The entity sells its products in Japan, and also exports it to other countries. It offers products like encrusting machines and bread production line. The encrusting machines produce confectionery, bread and prepared products, whereas the products produced by bread production line are croissant, Danish pastry, puff pastry, loaf bread, and pizza, among other products. The equipment portfolio of the company includes equipment for encrusting, bread production, cornucopia, meat processing, pizza production, robot arm, and others.

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