Days Inventory is also known as Days Sales of Inventory (DSI). Daido Metal Co's Average Total Inventories for the
three
months ended in Dec. 2024 was 円40,678 Mil. Daido Metal Co's Cost of Goods Sold for the
three
months ended in Dec. 2024 was 円23,044 Mil.
Hence, Daido Metal Co's Days Inventory for the
three
months ended in Dec. 2024 was 161.08.
The historical rank and industry rank for Daido Metal Co's Days Inventory or its related term are showing as below:
TSE:7245'
s Days Inventory Range Over the Past 10 Years
Min: 100.37 Med: 129.21 Max: 150.4
Current: 145.43
During the past 13 years, Daido Metal Co's highest Days Inventory was 150.40. The lowest was 100.37. And the median was 129.21.
TSE:7245's Days Inventory is ranked worse than 81.52% of 1277
companies
in the Vehicles & Parts industry
Industry Median: 80.52
vs TSE:7245: 145.43
Daido Metal Co's Days Inventory
increased
from Dec. 2023 (135.09) to Dec. 2024 (161.08).
It might indicate that Daido Metal Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Daido Metal Co's Inventory Turnover for the
three
months ended in Dec. 2024 was 0.57.
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.
Daido Metal Co's Inventory-to-Revenue for the
three
months ended in Dec. 2024 was 1.31.
Daido Metal Co Days Inventory Historical Data
The historical data trend for Daido Metal 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.
Competitive Comparison of Daido Metal Co's Days Inventory
For the Auto Parts subindustry, Daido Metal 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.
Daido Metal Co's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Daido Metal Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Daido Metal Co's Days Inventory falls into.
* 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.
Daido Metal Co (TSE:7245) 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.
Daido Metal Co's Inventory Turnover for the
three
months ended in Dec. 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.
Daido Metal Co's Inventory to Revenue for the
three
months ended in Dec. 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.
Daido Metal Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Daido Metal Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Daido Metal Co Ltd manufactures and sells a variety of bearings including automobile engine bearings and large ship engine bearings. The company has a production and sales network in the five-hub system of Japan, North America, Europe, Asia, and China. It manufactures bearings for trucks, construction and agricultural machinery, and bearings for automobile parts such as turbochargers and shock absorbers. Its products portfolio includes metal-polymer bearings, metallic bearings, engine bearing, turbomachinery bearing systems, modular products, pump, centralized lubrication, capacitors and semi-dry processing which are used in including automotive, marine, construction machinery, agricultural machines, industrial, energy, infrastructure and transportation, leisure, and household appliances.
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