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Takakita Co (TSE:6325) Days Inventory : 122.50 (As of Dec. 2023)


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What is Takakita Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Takakita Co's Average Total Inventories for the three months ended in Dec. 2023 was 円1,874 Mil. Takakita Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,396 Mil. Hence, Takakita Co's Days Inventory for the three months ended in Dec. 2023 was 122.50.

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

TSE:6325' s Days Inventory Range Over the Past 10 Years
Min: 79.62   Med: 97.46   Max: 116.78
Current: 108.49

During the past 13 years, Takakita Co's highest Days Inventory was 116.78. The lowest was 79.62. And the median was 97.46.

TSE:6325's Days Inventory is ranked better than
59.02% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 130.55 vs TSE:6325: 108.49

Takakita Co's Days Inventory declined from Dec. 2022 (131.77) to Dec. 2023 (122.50).

Inventory Turnover measures how fast the company turns over its inventory within a year. Takakita Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.74.

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. Takakita Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.92.


Takakita Co Days Inventory Historical Data

The historical data trend for Takakita 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.

Takakita Co Days Inventory Chart

Takakita Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.35 116.78 98.49 88.45 90.43

Takakita Co 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 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 131.77 91.41 109.84 105.00 122.50

Competitive Comparison of Takakita Co's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, Takakita 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.


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

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

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



Takakita Co Days Inventory Calculation

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

Takakita Co'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
=( (1242.901 + 1411.66) / 2 ) / 5357.532*365
=1327.2805 / 5357.532*365
=90.43

Takakita 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
=( (1814.157 + 1934.186) / 2 ) / 1396.029*365 / 4
=1874.1715 / 1396.029*365 / 4
=122.50

* 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.


Takakita Co  (TSE:6325) 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.

Takakita Co'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.

Takakita Co'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.


Takakita Co Days Inventory Related Terms

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


Takakita Co (TSE:6325) Business Description

Traded in Other Exchanges
N/A
Address
2828 Natsumi, Nabari, JPN
Takakita Co Ltd is engaged in manufacture and sale of agricultural machines. The products of the company include shredded packaging work machine, sowing work machine, reaping and reversing grass work machine, levelling work machine, and control and weeding machine.

Takakita Co (TSE:6325) Headlines

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