GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Freesia Macross Corp (TSE:6343) » Definitions » Days Inventory

Freesia Macross (TSE:6343) Days Inventory : 591.56 (As of Dec. 2023)


View and export this data going back to 1963. Start your Free Trial

What is Freesia Macross Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Freesia Macross's Average Total Inventories for the three months ended in Dec. 2023 was 円5,368 Mil. Freesia Macross's Cost of Goods Sold for the three months ended in Dec. 2023 was 円828 Mil. Hence, Freesia Macross's Days Inventory for the three months ended in Dec. 2023 was 591.56.

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

TSE:6343' s Days Inventory Range Over the Past 10 Years
Min: 164.61   Med: 365.99   Max: 565.79
Current: 565.79

During the past 13 years, Freesia Macross's highest Days Inventory was 565.79. The lowest was 164.61. And the median was 365.99.

TSE:6343's Days Inventory is ranked worse than
97.73% of 2911 companies
in the Industrial Products industry
Industry Median: 120.21 vs TSE:6343: 565.79

Freesia Macross's Days Inventory increased from Dec. 2022 (503.89) to Dec. 2023 (591.56). It might indicate that Freesia Macross's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Freesia Macross's Inventory Turnover for the three months ended in Dec. 2023 was 0.15.

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. Freesia Macross's Inventory-to-Revenue for the three months ended in Dec. 2023 was 3.09.


Freesia Macross Days Inventory Historical Data

The historical data trend for Freesia Macross'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.

Freesia Macross Days Inventory Chart

Freesia Macross 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 393.23 412.00 514.30 515.88 515.90

Freesia Macross 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 503.89 512.44 587.75 575.50 591.56

Competitive Comparison of Freesia Macross's Days Inventory

For the Specialty Industrial Machinery subindustry, Freesia Macross'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.


Freesia Macross's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Freesia Macross's Days Inventory distribution charts can be found below:

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



Freesia Macross Days Inventory Calculation

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

Freesia Macross'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
=( (4980.409 + 5243.765) / 2 ) / 3616.792*365
=5112.087 / 3616.792*365
=515.90

Freesia Macross'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
=( (5324.198 + 5410.935) / 2 ) / 827.961*365 / 4
=5367.5665 / 827.961*365 / 4
=591.56

* 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.


Freesia Macross  (TSE:6343) 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.

Freesia Macross'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.

Freesia Macross'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.


Freesia Macross Days Inventory Related Terms

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


Freesia Macross (TSE:6343) Business Description

Traded in Other Exchanges
N/A
Address
17 Kanda Higashimatsushitacho, Chiyoda-ku, Tokyo, JPN, 101-0042
Freesia Macross Corp is engaged in manufacturing, processing, and sales including export and import of machines and electric equipments, repair and installation of machinery equipment, plastic resin material and miscellaneous plastic good, pipe, and sheet, planning of construction works, designing, contracting, supervision, and subcontracting.

Freesia Macross (TSE:6343) Headlines

No Headlines