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Tomita Electric Co (TSE:6898) Days Inventory : 244.92 (As of Jul. 2024)


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What is Tomita Electric Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tomita Electric Co's Average Total Inventories for the three months ended in Jul. 2024 was 円880 Mil. Tomita Electric Co's Cost of Goods Sold for the three months ended in Jul. 2024 was 円328 Mil. Hence, Tomita Electric Co's Days Inventory for the three months ended in Jul. 2024 was 244.92.

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

TSE:6898' s Days Inventory Range Over the Past 10 Years
Min: 167.52   Med: 212.11   Max: 296.48
Current: 296.48

During the past 13 years, Tomita Electric Co's highest Days Inventory was 296.48. The lowest was 167.52. And the median was 212.11.

TSE:6898's Days Inventory is ranked worse than
91.27% of 2394 companies
in the Hardware industry
Industry Median: 99.695 vs TSE:6898: 296.48

Tomita Electric Co's Days Inventory declined from Jul. 2023 (269.43) to Jul. 2024 (244.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tomita Electric Co's Inventory Turnover for the three months ended in Jul. 2024 was 0.37.

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. Tomita Electric Co's Inventory-to-Revenue for the three months ended in Jul. 2024 was 2.21.


Tomita Electric Co Days Inventory Historical Data

The historical data trend for Tomita Electric 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.

Tomita Electric Co Days Inventory Chart

Tomita Electric Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 285.39 275.50 175.70 191.15 286.97

Tomita Electric Co Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 269.43 298.54 336.49 324.21 244.92

Competitive Comparison of Tomita Electric Co's Days Inventory

For the Consumer Electronics subindustry, Tomita Electric 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.


Tomita Electric Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tomita Electric Co's Days Inventory distribution charts can be found below:

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



Tomita Electric Co Days Inventory Calculation

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

Tomita Electric Co's Days Inventory for the fiscal year that ended in Jan. 2024 is calculated as

Days Inventory (A: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (833.087 + 868.764) / 2 ) / 1082.299*365
=850.9255 / 1082.299*365
=286.97

Tomita Electric Co's Days Inventory for the quarter that ended in Jul. 2024 is calculated as:

Days Inventory (Q: Jul. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2024 ) + Total Inventories (Q: Jul. 2024 )) / count ) / Cost of Goods Sold (Q: Jul. 2024 )*Days in Period
=( (873.557 + 885.879) / 2 ) / 327.758*365 / 4
=879.718 / 327.758*365 / 4
=244.92

* 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.


Tomita Electric Co  (TSE:6898) 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.

Tomita Electric Co's Inventory Turnover for the three months ended in Jul. 2024 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.

Tomita Electric Co's Inventory to Revenue for the three months ended in Jul. 2024 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.


Tomita Electric Co Days Inventory Related Terms

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


Tomita Electric Co Business Description

Traded in Other Exchanges
N/A
Address
123 Saiwaii-cho, Tottori Prefecture, Tottori, JPN, 680-0823
Tomita Electric Co Ltd is a Japanese firm which manufactures and sells radio parts and ferrite cores. It provides soft ferrite and hard ferrite. It offers ferrite cores used in miniaturizing electronic equipment and in energy conservation; and coils and transformers used in personal computers, LAN and peripherals.

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