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Kondotec (TSE:7438) Days Inventory : 48.03 (As of Mar. 2024)


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What is Kondotec Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kondotec's Average Total Inventories for the three months ended in Mar. 2024 was 円7,802 Mil. Kondotec's Cost of Goods Sold for the three months ended in Mar. 2024 was 円14,824 Mil. Hence, Kondotec's Days Inventory for the three months ended in Mar. 2024 was 48.03.

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

TSE:7438' s Days Inventory Range Over the Past 10 Years
Min: 31.16   Med: 34.93   Max: 48.46
Current: 48.45

During the past 13 years, Kondotec's highest Days Inventory was 48.46. The lowest was 31.16. And the median was 34.93.

TSE:7438's Days Inventory is ranked better than
88.69% of 2927 companies
in the Industrial Products industry
Industry Median: 120.35 vs TSE:7438: 48.45

Kondotec's Days Inventory declined from Mar. 2023 (49.54) to Mar. 2024 (48.03).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kondotec's Inventory Turnover for the three months ended in Mar. 2024 was 1.90.

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. Kondotec's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.41.


Kondotec Days Inventory Historical Data

The historical data trend for Kondotec'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.

Kondotec Days Inventory Chart

Kondotec Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.37 39.53 43.00 47.21 48.46

Kondotec Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 49.54 51.18 49.07 45.67 48.03

Competitive Comparison of Kondotec's Days Inventory

For the Specialty Industrial Machinery subindustry, Kondotec'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.


Kondotec's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kondotec's Days Inventory distribution charts can be found below:

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



Kondotec Days Inventory Calculation

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

Kondotec's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (8131 + 7758) / 2 ) / 59838*365
=7944.5 / 59838*365
=48.46

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

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (7846 + 7758) / 2 ) / 14824*365 / 4
=7802 / 14824*365 / 4
=48.03

* 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.


Kondotec  (TSE:7438) 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.

Kondotec's Inventory Turnover for the three months ended in Mar. 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.

Kondotec's Inventory to Revenue for the three months ended in Mar. 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.


Kondotec Days Inventory Related Terms

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


Kondotec Business Description

Traded in Other Exchanges
N/A
Address
2-2-90 Sakaigawa, Nisi-ku, Osaka, JPN, 550-0024
Kondotec Inc manufactures and exports metal fittings for marine, construction, engineering works, and other industries. Its product offerings include wire ropes, fiber ropes, nets and sheets, ship's equipment, stainless steel products, scaffolding materials, logistical cargo handling instruments, shackles, lifting equipment, and others.

Kondotec Headlines

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