Kurashicom (TSE:7110) Days Inventory : 45.35 (As of Jan. 2024)

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What is Kurashicom Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kurashicom's Average Total Inventories for the three months ended in Jan. 2024 was 円507 Mil. Kurashicom's Cost of Goods Sold for the three months ended in Jan. 2024 was 円1,019 Mil. Hence, Kurashicom's Days Inventory for the three months ended in Jan. 2024 was 45.35.

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

TSE:7110' s Days Inventory Range Over the Past 10 Years
Min: 20.73 Med: 26.24 Max: 40.56
Current: 40.56

During the past 4 years, Kurashicom's highest Days Inventory was 40.56. The lowest was 20.73. And the median was 26.24.

TSE:7110's Days Inventory is ranked better than
83.05% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 111.025 vs TSE:7110: 40.56

Kurashicom's Days Inventory increased from Jan. 2023 (45.11) to Jan. 2024 (45.35). It might indicate that Kurashicom's sales slowed down.

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. Kurashicom's Inventory Turnover for the three months ended in Jan. 2024 was 2.01.

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. Kurashicom's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.28.

Kurashicom Days Inventory Historical Data

The historical data trend for Kurashicom'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.

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Kurashicom Days Inventory Chart

Kurashicom Annual Data

Trend

Jul20

Jul21

Jul22

Jul23

Days Inventory

20.73

23.79

30.12

28.68

Kurashicom Quarterly Data
	Jul20	Jul21	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory	Get a 7-Day Free Trial					45.11	40.08	39.68	37.94	45.35

Competitive Comparison of Kurashicom's Days Inventory

For the Internet Retail subindustry, Kurashicom'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.

Kurashicom's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kurashicom's Days Inventory distribution charts can be found below:

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

Kurashicom Days Inventory Calculation

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

Kurashicom's Days Inventory for the fiscal year that ended in Jul. 2023 is calculated as

	Days Inventory (A: Jul. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (267.391	+	272.081)	/	2 )	/	3432.795	*	365
=	269.736					/	3432.795	*	365
=	28.68

Kurashicom's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (567.913	+	445.296)	/	2 )	/	1019.367	*	365 / 4
=	506.6045					/	1019.367	*	365 / 4
=	45.35

Kurashicom (TSE:7110) 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.

Kurashicom's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1019.367	/	506.6045
	=	2.01

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.

Kurashicom's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	506.6045	/	1823.536
	=	0.28

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.

Kurashicom Days Inventory Related Terms

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

Kurashicom (TSE:7110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kurashicom Inc (TSE:7110) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-16-17 Higashi, Kunitachi-shi, Tokyo, JPN, 186-0002

Website

https://www.kurashi.com

Kurashicom Inc is engaged in the sales business of clothing, general goods, etc., at the site of HOKUOH, KURASHINO DOUGU TEN.

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