Earth Infinity Co (TSE:7692) Days Inventory : 0.47 (As of Jan. 2024)

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What is Earth Infinity Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Earth Infinity Co's Average Total Inventories for the three months ended in Jan. 2024 was 円5 Mil. Earth Infinity Co's Cost of Goods Sold for the three months ended in Jan. 2024 was 円964 Mil. Hence, Earth Infinity Co's Days Inventory for the three months ended in Jan. 2024 was 0.47.

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

TSE:7692' s Days Inventory Range Over the Past 10 Years
Min: 0.71 Med: 1.01 Max: 1.62
Current: 0.71

During the past 6 years, Earth Infinity Co's highest Days Inventory was 1.62. The lowest was 0.71. And the median was 1.01.

TSE:7692's Days Inventory is ranked better than
95.45% of 462 companies
in the Utilities - Regulated industry
Industry Median: 22.695 vs TSE:7692: 0.71

Earth Infinity Co's Days Inventory declined from Jan. 2023 (1.21) to Jan. 2024 (0.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Earth Infinity Co's Inventory Turnover for the three months ended in Jan. 2024 was 195.71.

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. Earth Infinity Co's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.00.

Earth Infinity Co Days Inventory Historical Data

The historical data trend for Earth Infinity 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.

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Earth Infinity Co Days Inventory Chart

Earth Infinity Co Annual Data

Trend

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Inventory

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1.09

1.03

0.71

0.82

0.98

Earth Infinity Co Quarterly Data
	Jul18	Jul19	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory	Get a 7-Day Free Trial													1.21	1.02	0.83	0.49	0.47

Competitive Comparison of Earth Infinity Co's Days Inventory

For the Utilities - Diversified subindustry, Earth Infinity 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.

Earth Infinity Co's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Earth Infinity Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Earth Infinity Co's Days Inventory falls into.

Earth Infinity Co Days Inventory Calculation

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

Earth Infinity Co's Days Inventory for the fiscal year that ended in Jul. 2023 is calculated as

	Days Inventory (A: Jul. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (14.279	+	5.539)	/	2 )	/	3702.197	*	365
=	9.909					/	3702.197	*	365
=	0.98

Earth Infinity Co's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (3.736	+	6.115)	/	2 )	/	963.958	*	365 / 4
=	4.9255					/	963.958	*	365 / 4
=	0.47

Earth Infinity Co (TSE:7692) 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.

Earth Infinity Co's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	963.958	/	4.9255
	=	195.71

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.

Earth Infinity Co's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.9255	/	1271.894
	=	0.00

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.

Earth Infinity Co Days Inventory Related Terms

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

Earth Infinity Co (TSE:7692) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Earth Infinity Co Ltd (TSE:7692) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-28 Dojimahama, Osaka Kita-ku, Osaka, JPN, 530-0004

Website

https://www.earth-infinity.co.jp

Earth Infinity Co Ltd is engaged in electricity retailing and gas retailing. The company is also engaged in manufacturing, sales and unloading of electronic equipment and electric products.

Earth Infinity Co (TSE:7692) Headlines

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