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NISHIKAWA KEISOKU Co (TSE:7500) Days Inventory : 19.00 (As of Mar. 2024)


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What is NISHIKAWA KEISOKU Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NISHIKAWA KEISOKU Co's Average Total Inventories for the three months ended in Mar. 2024 was 円2,217 Mil. NISHIKAWA KEISOKU Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円10,651 Mil. Hence, NISHIKAWA KEISOKU Co's Days Inventory for the three months ended in Mar. 2024 was 19.00.

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

TSE:7500' s Days Inventory Range Over the Past 10 Years
Min: 18.27   Med: 23.52   Max: 27.12
Current: 27.12

During the past 13 years, NISHIKAWA KEISOKU Co's highest Days Inventory was 27.12. The lowest was 18.27. And the median was 23.52.

TSE:7500's Days Inventory is ranked better than
93.94% of 2409 companies
in the Hardware industry
Industry Median: 101.78 vs TSE:7500: 27.12

NISHIKAWA KEISOKU Co's Days Inventory increased from Mar. 2023 (18.87) to Mar. 2024 (19.00). It might indicate that NISHIKAWA KEISOKU Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. NISHIKAWA KEISOKU Co's Inventory Turnover for the three months ended in Mar. 2024 was 4.80.

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. NISHIKAWA KEISOKU Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.16.


NISHIKAWA KEISOKU Co Days Inventory Historical Data

The historical data trend for NISHIKAWA KEISOKU 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.

NISHIKAWA KEISOKU Co Days Inventory Chart

NISHIKAWA KEISOKU Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.66 23.85 24.10 24.70 23.00

NISHIKAWA KEISOKU Co 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 18.87 30.89 36.27 31.34 19.00

Competitive Comparison of NISHIKAWA KEISOKU Co's Days Inventory

For the Scientific & Technical Instruments subindustry, NISHIKAWA KEISOKU 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.


NISHIKAWA KEISOKU Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, NISHIKAWA KEISOKU Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where NISHIKAWA KEISOKU Co's Days Inventory falls into.



NISHIKAWA KEISOKU Co Days Inventory Calculation

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

NISHIKAWA KEISOKU Co's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (1433.823 + 1719.808) / 2 ) / 25024.051*365
=1576.8155 / 25024.051*365
=23.00

NISHIKAWA KEISOKU Co'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
=( (2374.47 + 2059.834) / 2 ) / 10650.847*365 / 4
=2217.152 / 10650.847*365 / 4
=19.00

* 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.


NISHIKAWA KEISOKU Co  (TSE:7500) 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.

NISHIKAWA KEISOKU Co'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.

NISHIKAWA KEISOKU Co'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.


NISHIKAWA KEISOKU Co Days Inventory Related Terms

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


NISHIKAWA KEISOKU Co (TSE:7500) Business Description

Traded in Other Exchanges
N/A
Address
3-13-16 Mita, Minato-ku, Tokyo, JPN
NISHIKAWA KEISOKU Co Ltd sells measuring instruments, control equipment and information systems. The company also designs and constructs systems engineering and control systems.

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