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TOKYO KOKI Co (TSE:7719) Days Inventory : 127.36 (As of Feb. 2024)


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What is TOKYO KOKI Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TOKYO KOKI Co's Average Total Inventories for the three months ended in Feb. 2024 was 円940 Mil. TOKYO KOKI Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円673 Mil. Hence, TOKYO KOKI Co's Days Inventory for the three months ended in Feb. 2024 was 127.36.

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

TSE:7719' s Days Inventory Range Over the Past 10 Years
Min: 37.85   Med: 87.64   Max: 137.92
Current: 137.86

During the past 13 years, TOKYO KOKI Co's highest Days Inventory was 137.92. The lowest was 37.85. And the median was 87.64.

TSE:7719's Days Inventory is ranked worse than
57.11% of 2905 companies
in the Industrial Products industry
Industry Median: 121.9 vs TSE:7719: 137.86

TOKYO KOKI Co's Days Inventory declined from Feb. 2023 (130.75) to Feb. 2024 (127.36).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. TOKYO KOKI Co's Inventory Turnover for the three months ended in Feb. 2024 was 0.72.

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. TOKYO KOKI Co's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.95.


TOKYO KOKI Co Days Inventory Historical Data

The historical data trend for TOKYO KOKI 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.

TOKYO KOKI Co Days Inventory Chart

TOKYO KOKI Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.56 37.85 80.64 123.74 137.92

TOKYO KOKI Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 130.75 122.40 118.03 208.24 127.36

Competitive Comparison of TOKYO KOKI Co's Days Inventory

For the Specialty Industrial Machinery subindustry, TOKYO KOKI 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.


TOKYO KOKI Co's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where TOKYO KOKI Co's Days Inventory falls into.



TOKYO KOKI Co Days Inventory Calculation

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

TOKYO KOKI Co's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

Days Inventory (A: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (758.246 + 869.87) / 2 ) / 2154.325*365
=814.058 / 2154.325*365
=137.92

TOKYO KOKI Co's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (1009.555 + 869.87) / 2 ) / 673.253*365 / 4
=939.7125 / 673.253*365 / 4
=127.36

* 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.


TOKYO KOKI Co  (TSE:7719) 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.

TOKYO KOKI Co's Inventory Turnover for the three months ended in Feb. 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.

TOKYO KOKI Co's Inventory to Revenue for the three months ended in Feb. 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.


TOKYO KOKI Co Days Inventory Related Terms

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


TOKYO KOKI Co (TSE:7719) Business Description

Traded in Other Exchanges
N/A
Address
1-9 Kandasakumacho, Chiyoda-ku, Tokyo, JPN, 101-0025
TOKYO KOKI CO.LTD. is engaged in the manufacturing and sales of testing and measuring machines and systems. In addition, it is also involved in manufacturing and distribution of locking nut, locking spring, special spring, bolt and other fastening members. Its product offering includes material testing machine, component testing machine, structure testing machine, power testing machine, performance testing equipment, environmental testing equipment, high temperature/ high-pressure environment testing machine and other testing machines.

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