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Japan Medical Dynamic Marketing (TSE:7600) Days Inventory : 530.98 (As of Dec. 2023)


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What is Japan Medical Dynamic Marketing Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Japan Medical Dynamic Marketing's Average Total Inventories for the three months ended in Dec. 2023 was 円12,727 Mil. Japan Medical Dynamic Marketing's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,187 Mil. Hence, Japan Medical Dynamic Marketing's Days Inventory for the three months ended in Dec. 2023 was 530.98.

The historical rank and industry rank for Japan Medical Dynamic Marketing's Days Inventory or its related term are showing as below:

TSE:7600' s Days Inventory Range Over the Past 10 Years
Min: 524.87   Med: 571.79   Max: 647.22
Current: 542.18

During the past 13 years, Japan Medical Dynamic Marketing's highest Days Inventory was 647.22. The lowest was 524.87. And the median was 571.79.

TSE:7600's Days Inventory is ranked worse than
88.6% of 772 companies
in the Medical Devices & Instruments industry
Industry Median: 192.76 vs TSE:7600: 542.18

Japan Medical Dynamic Marketing's Days Inventory declined from Dec. 2022 (558.65) to Dec. 2023 (530.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. Japan Medical Dynamic Marketing's Inventory Turnover for the three months ended in Dec. 2023 was 0.17.

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. Japan Medical Dynamic Marketing's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.11.


Japan Medical Dynamic Marketing Days Inventory Historical Data

The historical data trend for Japan Medical Dynamic Marketing'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.

Japan Medical Dynamic Marketing Days Inventory Chart

Japan Medical Dynamic Marketing 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 568.16 615.73 568.86 541.38 535.60

Japan Medical Dynamic Marketing 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 535.17 571.12 569.11 530.98 511.15

Competitive Comparison of Japan Medical Dynamic Marketing's Days Inventory

For the Medical Devices subindustry, Japan Medical Dynamic Marketing'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.


Japan Medical Dynamic Marketing's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Japan Medical Dynamic Marketing's Days Inventory distribution charts can be found below:

* The bar in red indicates where Japan Medical Dynamic Marketing's Days Inventory falls into.



Japan Medical Dynamic Marketing Days Inventory Calculation

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

Japan Medical Dynamic Marketing'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
=( (11605.325 + 13092.478) / 2 ) / 8415.515*365
=12348.9015 / 8415.515*365
=535.60

Japan Medical Dynamic Marketing'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
=( (12785.098 + 12669.433) / 2 ) / 2187.208*365 / 4
=12727.2655 / 2187.208*365 / 4
=530.98

* 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.


Japan Medical Dynamic Marketing  (TSE:7600) 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.

Japan Medical Dynamic Marketing's Inventory Turnover for the three months ended in Dec. 2023 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.

Japan Medical Dynamic Marketing's Inventory to Revenue for the three months ended in Dec. 2023 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.


Japan Medical Dynamic Marketing Days Inventory Related Terms

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


Japan Medical Dynamic Marketing (TSE:7600) Business Description

Traded in Other Exchanges
Address
12-2, Ichigayadaimachi, Shinjuku-ku, Tokyo, JPN, 162-0066
Japan Medical Dynamic Marketing Inc is a Japan-based medical equipment manufacturer. The company is engaged in the development and sale of advanced medical devices. Products offered by the company include trauma devices, joint prostheses, spinal fixation devices, and artificial bone fillers. It caters its products to medical professionals and major hospitals throughout Japan. The company is also engaged in the import and sale of medical devices.

Japan Medical Dynamic Marketing (TSE:7600) Headlines

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