Hirose Tusyo (TSE:7185) Days Inventory : 883.26 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Hirose Tusyo Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hirose Tusyo's Average Total Inventories for the three months ended in Dec. 2023 was 円85 Mil. Hirose Tusyo's Cost of Goods Sold for the three months ended in Dec. 2023 was 円9 Mil. Hence, Hirose Tusyo's Days Inventory for the three months ended in Dec. 2023 was 883.26.

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

TSE:7185' s Days Inventory Range Over the Past 10 Years
Min: 280.04 Med: 428.36 Max: 603.61
Current: 603.61

During the past 9 years, Hirose Tusyo's highest Days Inventory was 603.61. The lowest was 280.04. And the median was 428.36.

TSE:7185's Days Inventory is ranked worse than
85.39% of 219 companies
in the Capital Markets industry
Industry Median: 62.62 vs TSE:7185: 603.61

Hirose Tusyo's Days Inventory increased from Dec. 2022 (318.33) to Dec. 2023 (883.26). It might indicate that Hirose Tusyo's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hirose Tusyo's Inventory Turnover for the three months ended in Dec. 2023 was 0.10.

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. Hirose Tusyo's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.03.

Hirose Tusyo Days Inventory Historical Data

The historical data trend for Hirose Tusyo'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.

Hirose Tusyo Days Inventory Chart

Hirose Tusyo Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

428.36

529.16

280.04

Hirose Tusyo 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															318.33	425.30	486.15	718.25	883.26

Competitive Comparison of Hirose Tusyo's Days Inventory

For the Capital Markets subindustry, Hirose Tusyo'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.

Hirose Tusyo's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hirose Tusyo's Days Inventory distribution charts can be found below:

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

Hirose Tusyo Days Inventory Calculation

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

Hirose Tusyo'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
=	( (77.091	+	60.108)	/	2 )	/	89.413	*	365
=	68.5995					/	89.413	*	365
=	280.04

Hirose Tusyo'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
=	( (82.117	+	87.934)	/	2 )	/	8.7840000000001	*	365 / 4
=	85.0255					/	8.7840000000001	*	365 / 4
=	883.26

Hirose Tusyo (TSE:7185) 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.

Hirose Tusyo's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.7840000000001	/	85.0255
	=	0.10

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.

Hirose Tusyo's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	85.0255	/	2674.609
	=	0.03

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.

Hirose Tusyo Days Inventory Related Terms

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

Hirose Tusyo (TSE:7185) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hirose Tusyo Inc (TSE:7185) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nishi-ku, Osaka Shinmachi 1-chome, No. 3, No. 19 MG building, Yubinbango, Osaka, JPN

Website

http://www.hirose-fx.co.jp

Hirose Tusyo Inc provides foreign exchange margin transactions services. The company mainly provides the services through the internet. Hirose Tsusyo also provides foreign exchange related information or systems to the customers. The company is mainly engaged in foreign exchange margin trading business, which provides investors with foreign exchange margin trading and binary options trading through the Internet; provision of trading systems for group companies; provision of white label services for financial instruments traders, over-the-counter derivative transactions or the intermediary, brokerage business, foreign exchange market derivative transactions, currency trading, commodity futures trading, and foreign exchange transactions.

Hirose Tusyo (TSE:7185) Headlines

No Headlines