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Sukegawa Electric Co (TSE:7711) Days Inventory : 134.46 (As of Dec. 2023)


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What is Sukegawa Electric Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sukegawa Electric Co's Average Total Inventories for the three months ended in Dec. 2023 was 円1,142 Mil. Sukegawa Electric Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円775 Mil. Hence, Sukegawa Electric Co's Days Inventory for the three months ended in Dec. 2023 was 134.46.

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

TSE:7711' s Days Inventory Range Over the Past 10 Years
Min: 67.59   Med: 110.65   Max: 159.14
Current: 130.74

During the past 13 years, Sukegawa Electric Co's highest Days Inventory was 159.14. The lowest was 67.59. And the median was 110.65.

TSE:7711's Days Inventory is ranked worse than
54.87% of 2905 companies
in the Industrial Products industry
Industry Median: 120.1 vs TSE:7711: 130.74

Sukegawa Electric Co's Days Inventory increased from Dec. 2022 (124.74) to Dec. 2023 (134.46). It might indicate that Sukegawa Electric Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sukegawa Electric Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.68.

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. Sukegawa Electric Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.95.


Sukegawa Electric Co Days Inventory Historical Data

The historical data trend for Sukegawa Electric 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.

Sukegawa Electric Co Days Inventory Chart

Sukegawa Electric Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 121.20 159.14 132.46 115.65 128.10

Sukegawa Electric Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 124.74 121.37 134.22 134.81 134.46

Competitive Comparison of Sukegawa Electric Co's Days Inventory

For the Electrical Equipment & Parts subindustry, Sukegawa Electric 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.


Sukegawa Electric Co's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Sukegawa Electric Co's Days Inventory falls into.



Sukegawa Electric Co Days Inventory Calculation

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

Sukegawa Electric Co's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (1075.481 + 1158.062) / 2 ) / 3182.026*365
=1116.7715 / 3182.026*365
=128.10

Sukegawa Electric Co'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
=( (1158.062 + 1125.5) / 2 ) / 774.865*365 / 4
=1141.781 / 774.865*365 / 4
=134.46

* 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.


Sukegawa Electric Co  (TSE:7711) 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.

Sukegawa Electric Co'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.

Sukegawa Electric Co'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.


Sukegawa Electric Co Days Inventory Related Terms

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


Sukegawa Electric Co (TSE:7711) Business Description

Traded in Other Exchanges
N/A
Address
3333-23 Kamitezuna, Ibaraki Prefecture, Takahagi, JPN, 318-0004
Sukegawa Electric Co., Ltd is engaged in manufacture of energy and industrial systems business. The products of the company include thermal equipment, temperature sensor, MI cable, molten metal equipment, vaccum equipment, and sodium related products.

Sukegawa Electric Co (TSE:7711) Headlines

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