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GIKEN (TSE:6289) Days Inventory : 163.57 (As of Aug. 2024)


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What is GIKEN Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GIKEN's Average Total Inventories for the three months ended in Aug. 2024 was 円8,683 Mil. GIKEN's Cost of Goods Sold for the three months ended in Aug. 2024 was 円4,844 Mil. Hence, GIKEN's Days Inventory for the three months ended in Aug. 2024 was 163.57.

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

TSE:6289' s Days Inventory Range Over the Past 10 Years
Min: 115.54   Med: 137.3   Max: 204.17
Current: 163.55

During the past 13 years, GIKEN's highest Days Inventory was 204.17. The lowest was 115.54. And the median was 137.30.

TSE:6289's Days Inventory is ranked worse than
61.65% of 206 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 139.735 vs TSE:6289: 163.55

GIKEN's Days Inventory increased from Aug. 2023 (136.75) to Aug. 2024 (163.57). It might indicate that GIKEN's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. GIKEN's Inventory Turnover for the three months ended in Aug. 2024 was 0.56.

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. GIKEN's Inventory-to-Revenue for the three months ended in Aug. 2024 was 1.18.


GIKEN Days Inventory Historical Data

The historical data trend for GIKEN'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.

GIKEN Days Inventory Chart

GIKEN Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 204.17 202.04 150.59 148.43 157.68

GIKEN Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 136.75 166.79 149.41 183.61 163.57

Competitive Comparison of GIKEN's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, GIKEN'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.


GIKEN's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, GIKEN's Days Inventory distribution charts can be found below:

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



GIKEN Days Inventory Calculation

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

GIKEN's Days Inventory for the fiscal year that ended in Aug. 2024 is calculated as

Days Inventory (A: Aug. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2023 ) + Total Inventories (A: Aug. 2024 )) / count ) / Cost of Goods Sold (A: Aug. 2024 )*Days in Period
=( (7610 + 8473) / 2 ) / 18614*365
=8041.5 / 18614*365
=157.68

GIKEN's Days Inventory for the quarter that ended in Aug. 2024 is calculated as:

Days Inventory (Q: Aug. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: May. 2024 ) + Total Inventories (Q: Aug. 2024 )) / count ) / Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=( (8893 + 8473) / 2 ) / 4844*365 / 4
=8683 / 4844*365 / 4
=163.57

* 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.


GIKEN  (TSE:6289) 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.

GIKEN's Inventory Turnover for the three months ended in Aug. 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.

GIKEN's Inventory to Revenue for the three months ended in Aug. 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.


GIKEN Days Inventory Related Terms

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


GIKEN Business Description

Traded in Other Exchanges
N/A
Address
3948-1 Nunoshida, Kochi-shi, Kochi, JPN, 7815195
GIKEN Ltd. develops environmentally friendly construction solutions; manufacture and sells industrial machines; and develops solutions to leverage underground space. The products of the company include Silent Piler, GRB System Equipment, Auxiliary Equipment, and Automated Parking Facilities among others.

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