Tiemco (TSE:7501) Days Inventory : 276.12 (As of May. 2024)

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What is Tiemco Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tiemco's Average Total Inventories for the three months ended in May. 2024 was 円1,558 Mil. Tiemco's Cost of Goods Sold for the three months ended in May. 2024 was 円515 Mil. Hence, Tiemco's Days Inventory for the three months ended in May. 2024 was 276.12.

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

TSE:7501' s Days Inventory Range Over the Past 10 Years
Min: 267.35 Med: 324.58 Max: 368.02
Current: 312.33

During the past 13 years, Tiemco's highest Days Inventory was 368.02. The lowest was 267.35. And the median was 324.58.

TSE:7501's Days Inventory is ranked worse than
88.38% of 1067 companies
in the Retail - Cyclical industry
Industry Median: 108.25 vs TSE:7501: 312.33

Tiemco's Days Inventory increased from May. 2023 (266.09) to May. 2024 (276.12). It might indicate that Tiemco's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tiemco's Inventory Turnover for the three months ended in May. 2024 was 0.33.

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. Tiemco's Inventory-to-Revenue for the three months ended in May. 2024 was 1.62.

Tiemco Days Inventory Historical Data

The historical data trend for Tiemco'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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Tiemco Days Inventory Chart

Tiemco Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Inventory

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328.76

368.02

329.42

283.59

283.17

Tiemco Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Days Inventory	Get a 7-Day Free Trial															266.09	336.46	299.18	340.03	276.12

Competitive Comparison of Tiemco's Days Inventory

For the Specialty Retail subindustry, Tiemco'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.

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

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

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

Tiemco Days Inventory Calculation

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

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

	Days Inventory (A: Nov. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Nov. 2022 )	+	Total Inventories (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (1387.461	+	1378.164)	/	2 )	/	1782.409	*	365
=	1382.8125					/	1782.409	*	365
=	283.17

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

	Days Inventory (Q: May. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Feb. 2024 )	+	Total Inventories (Q: May. 2024 ))	/	count )	/	Cost of Goods Sold (Q: May. 2024 )	*	Days in Period
=	( (1596.388	+	1519.586)	/	2 )	/	514.863	*	365 / 4
=	1557.987					/	514.863	*	365 / 4
=	276.12

Tiemco (TSE:7501) 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.

Tiemco's Inventory Turnover for the three months ended in May. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	514.863	/	1557.987
	=	0.33

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1557.987	/	962.955
	=	1.62

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.

Tiemco Days Inventory Related Terms

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

Tiemco Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tiemco Ltd (TSE:7501) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kikukawa 3-1-11 Sumida-ku, Kikukawa, Tokyo, JPN, 130-8555

Website

http://www.tiemco.co.jp

Tiemco Ltd is a Japan-based company engages in the planning, development, import, export, and sale of fishing tackle and outdoor products. Some of its products are a rod, reel and fly hook, tying material, accessories and polarized glasses.

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