Days Inventory is also known as Days Sales of Inventory (DSI). Towa's Average Total Inventories for the
three
months ended in Dec. 2023 was 円17,094 Mil. Towa's Cost of Goods Sold for the
three
months ended in Dec. 2023 was 円6,683 Mil.
Hence, Towa's Days Inventory for the
three
months ended in Dec. 2023 was 233.41.
The historical rank and industry rank for Towa's Days Inventory or its related term are showing as below:
TSE:6315'
s Days Inventory Range Over the Past 10 Years
Min: 82.44 Med: 127.98 Max: 204.09
Current: 204.09
During the past 13 years, Towa's highest Days Inventory was 204.09. The lowest was 82.44. And the median was 127.98.
TSE:6315's Days Inventory is ranked worse than 72.77% of 940
companies
in the Semiconductors industry
Industry Median: 130.435
vs TSE:6315: 204.09
Towa's Days Inventory
increased
from Dec. 2022 (217.04) to Dec. 2023 (233.41).
It might indicate that Towa's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Towa's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.39.
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.
Towa's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.59.
Towa Days Inventory Historical Data
The historical data trend for Towa'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.
For the Semiconductor Equipment & Materials subindustry, Towa'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.
Towa's Days Inventory Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Towa's Days Inventory distribution charts can be found below:
* The bar in red indicates where Towa's Days Inventory falls into.
Towa Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Towa's Days Inventory for the fiscal year that ended in Mar. 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.
Towa (TSE:6315) 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.
Towa'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.
Towa'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.
Towa Days Inventory Related Terms
Thank you for viewing the detailed overview of Towa's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Towa Corp develops, manufactures and sells resin encapsulation systems for semiconductors and singulation systems. In addition, it also manufactures and sells precision molds for manufacturing semiconductors and plastic molded products. Its product portfolio is divided into two technologies molding including light-emitting diode, semiconductor, and sensors/module products and Singulation including semiconductor, and light-emitting diode-other applications. The company's segments include semiconductor equipment and fine plastic mold. The majority of the company revenue is derived from the sale of semiconductor equipment.
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