GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shikigaku Co Ltd (TSE:7049) » Definitions » Days Inventory

Shikigaku Co (TSE:7049) Days Inventory : 1.12 (As of May. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Shikigaku Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shikigaku Co's Average Total Inventories for the three months ended in May. 2024 was 円5 Mil. Shikigaku Co's Cost of Goods Sold for the three months ended in May. 2024 was 円389 Mil. Hence, Shikigaku Co's Days Inventory for the three months ended in May. 2024 was 1.12.

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

TSE:7049' s Days Inventory Range Over the Past 10 Years
Min: 1.09   Med: 4.81   Max: 6.81
Current: 1.28

During the past 8 years, Shikigaku Co's highest Days Inventory was 6.81. The lowest was 1.09. And the median was 4.81.

TSE:7049's Days Inventory is ranked better than
88.33% of 677 companies
in the Business Services industry
Industry Median: 28.72 vs TSE:7049: 1.28

Shikigaku Co's Days Inventory declined from May. 2023 (1.93) to May. 2024 (1.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shikigaku Co's Inventory Turnover for the three months ended in May. 2024 was 81.32.

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. Shikigaku Co's Inventory-to-Revenue for the three months ended in May. 2024 was 0.00.


Shikigaku Co Days Inventory Historical Data

The historical data trend for Shikigaku 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.

Shikigaku Co Days Inventory Chart

Shikigaku Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Inventory
Get a 7-Day Free Trial 1.09 6.01 6.81 4.94 1.86

Shikigaku Co Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 1.93 1.58 1.22 1.31 1.12

Competitive Comparison of Shikigaku Co's Days Inventory

For the Specialty Business Services subindustry, Shikigaku 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.


Shikigaku Co's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shikigaku Co's Days Inventory distribution charts can be found below:

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



Shikigaku Co Days Inventory Calculation

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

Shikigaku Co's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

Days Inventory (A: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (8.591 + 5.657) / 2 ) / 1395.379*365
=7.124 / 1395.379*365
=1.86

Shikigaku Co's Days Inventory for the quarter that ended in May. 2024 is calculated as:

Days Inventory (Q: May. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2024 ) + Total Inventories (Q: May. 2024 )) / count ) / Cost of Goods Sold (Q: May. 2024 )*Days in Period
=( (5.657 + 3.901) / 2 ) / 388.635*365 / 4
=4.779 / 388.635*365 / 4
=1.12

* 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.


Shikigaku Co  (TSE:7049) 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.

Shikigaku Co's Inventory Turnover for the three months ended in May. 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.

Shikigaku Co's Inventory to Revenue for the three months ended in May. 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.


Shikigaku Co Days Inventory Related Terms

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


Shikigaku Co Business Description

Traded in Other Exchanges
N/A
Address
7 Chome, 9-2 Nishi Gotanda, Shinagawa-ku, KDX Gotanda Building 4th Floor, Tokyo, JPN, 141-0031
Shikigaku Co Ltd is engaged in providing management training services. The company offers development and provision of webs services on literature.

Shikigaku Co Headlines

No Headlines