Tsukuba Seiko Co (TSE:6596) Days Inventory : 48.35 (As of Sep. 2023)

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What is Tsukuba Seiko Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tsukuba Seiko Co's Average Total Inventories for the six months ended in Sep. 2023 was 円21.5 Mil. Tsukuba Seiko Co's Cost of Goods Sold for the six months ended in Sep. 2023 was 円81.0 Mil. Hence, Tsukuba Seiko Co's Days Inventory for the six months ended in Sep. 2023 was 48.35.

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

TSE:6596' s Days Inventory Range Over the Past 10 Years
Min: 42.86 Med: 72.46 Max: 158.46
Current: 50.85

During the past 7 years, Tsukuba Seiko Co's highest Days Inventory was 158.46. The lowest was 42.86. And the median was 72.46.

TSE:6596's Days Inventory is ranked better than
82.31% of 944 companies
in the Semiconductors industry
Industry Median: 130.195 vs TSE:6596: 50.85

Tsukuba Seiko Co's Days Inventory declined from Sep. 2022 (55.51) to Sep. 2023 (48.35).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tsukuba Seiko Co's Inventory Turnover for the six months ended in Sep. 2023 was 3.77.

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. Tsukuba Seiko Co's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.15.

Tsukuba Seiko Co Days Inventory Historical Data

The historical data trend for Tsukuba Seiko 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.

Tsukuba Seiko Co Days Inventory Chart

Tsukuba Seiko Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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136.55

66.40

42.86

53.38

72.46

Tsukuba Seiko Co Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial								41.46	56.41	55.51	62.87	48.35

Competitive Comparison of Tsukuba Seiko Co's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Tsukuba Seiko 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.

Tsukuba Seiko Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tsukuba Seiko Co's Days Inventory distribution charts can be found below:

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

Tsukuba Seiko Co Days Inventory Calculation

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

Tsukuba Seiko 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
=	( (22.841	+	24.627)	/	2 )	/	119.56	*	365
=	23.734					/	119.56	*	365
=	72.46

Tsukuba Seiko Co's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (24.627	+	18.294)	/	2 )	/	81.01	*	365 / 2
=	21.4605					/	81.01	*	365 / 2
=	48.35

Tsukuba Seiko Co (TSE:6596) 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.

Tsukuba Seiko Co's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	81.01	/	21.4605
	=	3.77

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.

Tsukuba Seiko Co's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	21.4605	/	147.076
	=	0.15

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.

Tsukuba Seiko Co Days Inventory Related Terms

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

Tsukuba Seiko Co (TSE:6596) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tsukuba Seiko Co Ltd (TSE:6596) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2168-10, Aza Ganjoh-ji, Oaza Kamikamou, Kawauchi-gun, Tochigi Prefecture, Kaminokawa, JPN, 329-0617

Website

http://www.tsukubaseiko.co.jp

Tsukuba Seiko Co Ltd is mainly engaged in the development, manufacture, and sale of electrostatic clamping systems. Its product offerings include thin hand, cordless holder, wafer support, waferhand, electrostatic belt.

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