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Iwasaki Electric Co (TSE:6924) Days Inventory : 141.19 (As of Dec. 2022)


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What is Iwasaki Electric Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Iwasaki Electric Co's Average Total Inventories for the three months ended in Dec. 2022 was 円15,869 Mil. Iwasaki Electric Co's Cost of Goods Sold for the three months ended in Dec. 2022 was 円10,256 Mil. Hence, Iwasaki Electric Co's Days Inventory for the three months ended in Dec. 2022 was 141.19.

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

TSE:6924's Days Inventory is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 104.35
* Ranked among companies with meaningful Days Inventory only.

Iwasaki Electric Co's Days Inventory declined from Dec. 2021 (145.57) to Dec. 2022 (141.19).

Inventory Turnover measures how fast the company turns over its inventory within a year. Iwasaki Electric Co's Inventory Turnover for the three months ended in Dec. 2022 was 0.65.

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. Iwasaki Electric Co's Inventory-to-Revenue for the three months ended in Dec. 2022 was 1.07.


Iwasaki Electric Co Days Inventory Historical Data

The historical data trend for Iwasaki 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.

Iwasaki Electric Co Days Inventory Chart

Iwasaki Electric Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.52 130.92 120.42 126.21 126.54

Iwasaki Electric Co Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 145.57 98.23 211.68 142.43 141.19

Competitive Comparison of Iwasaki Electric Co's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Iwasaki 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.


Iwasaki Electric Co's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Iwasaki Electric Co's Days Inventory distribution charts can be found below:

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



Iwasaki Electric Co Days Inventory Calculation

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

Iwasaki Electric Co's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

Days Inventory (A: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count ) / Cost of Goods Sold (A: Mar. 2022 )*Days in Period
=( (12026 + 12878) / 2 ) / 35918*365
=12452 / 35918*365
=126.54

Iwasaki Electric Co's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

Days Inventory (Q: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (15167 + 16570) / 2 ) / 10256*365 / 4
=15868.5 / 10256*365 / 4
=141.19

* 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.


Iwasaki Electric Co  (TSE:6924) 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.

Iwasaki Electric Co's Inventory Turnover for the three months ended in Dec. 2022 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.

Iwasaki Electric Co's Inventory to Revenue for the three months ended in Dec. 2022 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.


Iwasaki Electric Co Days Inventory Related Terms

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


Iwasaki Electric Co (TSE:6924) Business Description

Traded in Other Exchanges
N/A
Address
Bakurocho-daiichi Building 1-4-16, Nihonbashi-bakurocho, Chuo-ku, Tokyo, JPN, 103-0002
Iwasaki Electric Co., Ltd is a supplier of lighting products and industrial systems. The product line includes - lights for streets, tunnels, security, landscape lighting, sports lighting, factory lighting, commercial lighting, information display systems, and environment simulation systems.

Iwasaki Electric Co (TSE:6924) Headlines

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