New Constructor's Network Co (TSE:7057) Days Inventory : 15.25 (As of Dec. 2023)

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What is New Constructor's Network Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). New Constructor's Network Co's Average Total Inventories for the three months ended in Dec. 2023 was 円224 Mil. New Constructor's Network Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,343 Mil. Hence, New Constructor's Network Co's Days Inventory for the three months ended in Dec. 2023 was 15.25.

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

TSE:7057' s Days Inventory Range Over the Past 10 Years
Min: 0.59 Med: 1.05 Max: 15.65
Current: 15.65

During the past 7 years, New Constructor's Network Co's highest Days Inventory was 15.65. The lowest was 0.59. And the median was 1.05.

TSE:7057's Days Inventory is ranked better than
70.93% of 1393 companies
in the Construction industry
Industry Median: 49.2 vs TSE:7057: 15.65

New Constructor's Network Co's Days Inventory increased from Dec. 2022 (5.49) to Dec. 2023 (15.25). It might indicate that New Constructor's Network Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. New Constructor's Network Co's Inventory Turnover for the three months ended in Dec. 2023 was 5.98.

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. New Constructor's Network Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.12.

New Constructor's Network Co Days Inventory Historical Data

The historical data trend for New Constructor's Network 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.

New Constructor's Network Co Days Inventory Chart

New Constructor's Network Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

1.38

1.20

0.95

1.05

7.88

New Constructor's Network Co 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															5.49	14.19	20.80	14.16	15.25

Competitive Comparison of New Constructor's Network Co's Days Inventory

For the Engineering & Construction subindustry, New Constructor's Network 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.

New Constructor's Network Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, New Constructor's Network Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where New Constructor's Network Co's Days Inventory falls into.

New Constructor's Network Co Days Inventory Calculation

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

New Constructor's Network 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
=	( (23.444	+	273.743)	/	2 )	/	6881.712	*	365
=	148.5935					/	6881.712	*	365
=	7.88

New Constructor's Network Co'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
=	( (175.513	+	273.296)	/	2 )	/	1343.017	*	365 / 4
=	224.4045					/	1343.017	*	365 / 4
=	15.25

New Constructor's Network Co (TSE:7057) 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.

New Constructor's Network Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1343.017	/	224.4045
	=	5.98

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.

New Constructor's Network Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	224.4045	/	1872.68
	=	0.12

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.

New Constructor's Network Co Days Inventory Related Terms

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

New Constructor's Network Co (TSE:7057) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » New Constructor's Network Co Ltd (TSE:7057) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

A-PLACE Shinagawa Higashi, 1-7-18 Minato-ku, Tokyo, JPN, 108-0075

Website

https://www.ncn-se.co.jp

New Constructor's Network Co Ltd is engaged in wooden earthquake-resistant design project. The company is also engaged in construction company network, housing brand, design office network, and Construction related support such as Registration contractor support, Support for long-term superior housing certification application, Insurance financial support.

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