GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Kubota Corp (TSE:6326) » Definitions » Days Inventory

Kubota (TSE:6326) Days Inventory : 116.63 (As of Dec. 2023)


View and export this data going back to 1949. Start your Free Trial

What is Kubota Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kubota's Average Total Inventories for the three months ended in Dec. 2023 was 円684,953 Mil. Kubota's Cost of Goods Sold for the three months ended in Dec. 2023 was 円535,879 Mil. Hence, Kubota's Days Inventory for the three months ended in Dec. 2023 was 116.63.

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

TSE:6326' s Days Inventory Range Over the Past 10 Years
Min: 97.2   Med: 104.77   Max: 113.98
Current: 113.98

During the past 13 years, Kubota's highest Days Inventory was 113.98. The lowest was 97.20. And the median was 104.77.

TSE:6326's Days Inventory is ranked better than
59.31% of 204 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 131.845 vs TSE:6326: 113.98

Kubota's Days Inventory increased from Dec. 2022 (111.97) to Dec. 2023 (116.63). It might indicate that Kubota's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kubota's Inventory Turnover for the three months ended in Dec. 2023 was 0.78.

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. Kubota's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.90.


Kubota Days Inventory Historical Data

The historical data trend for Kubota'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.

Kubota Days Inventory Chart

Kubota Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.05 104.71 103.10 105.81 111.71

Kubota 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 111.97 106.88 114.80 120.17 116.63

Competitive Comparison of Kubota's Days Inventory

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


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

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

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



Kubota Days Inventory Calculation

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

Kubota's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (644471 + 668048) / 2 ) / 2144242*365
=656259.5 / 2144242*365
=111.71

Kubota'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
=( (701857 + 668048) / 2 ) / 535879*365 / 4
=684952.5 / 535879*365 / 4
=116.63

* 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.


Kubota  (TSE:6326) 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.

Kubota'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.

Kubota'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.


Kubota Days Inventory Related Terms

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


Kubota (TSE:6326) Business Description

Traded in Other Exchanges
Address
2-47, Shikitsuhigashi 1-Chome, Naniwa-ku, Osaka, JPN, 556-8601
Kubota manufactures and sells small and midsize agricultural and construction equipment as well as water treatment equipment. Its key products in the farm and industrial machinery segment include compact/utility tractors, mini excavators, compact track loaders, engines, and rice farming equipment, such as combine harvesters as well as rice transplanters. The company has produced over 5.4 million units of tractors worldwide and over 30 million units of engines. Its water and environment segment provides mainly pipe system products like ductile iron pipes and valves, water/waste treatment plants, pumps, as well as operation and maintenance services, including public-private partnership projects. The company is based in Osaka, Japan, and was founded in 1890.

Kubota (TSE:6326) Headlines

No Headlines