Kosaido Holdings Co (TSE:7868) Days Inventory : 19.27 (As of Dec. 2023)

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What is Kosaido Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kosaido Holdings Co's Average Total Inventories for the three months ended in Dec. 2023 was 円1,207 Mil. Kosaido Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円5,717 Mil. Hence, Kosaido Holdings Co's Days Inventory for the three months ended in Dec. 2023 was 19.27.

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

TSE:7868' s Days Inventory Range Over the Past 10 Years
Min: 11.65 Med: 17.07 Max: 22.52
Current: 16.32

During the past 13 years, Kosaido Holdings Co's highest Days Inventory was 22.52. The lowest was 11.65. And the median was 17.07.

TSE:7868's Days Inventory is ranked better than
61.09% of 681 companies
in the Business Services industry
Industry Median: 29.77 vs TSE:7868: 16.32

Kosaido Holdings Co's Days Inventory declined from Dec. 2022 (20.63) to Dec. 2023 (19.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kosaido Holdings Co's Inventory Turnover for the three months ended in Dec. 2023 was 4.74.

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. Kosaido Holdings Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.13.

Kosaido Holdings Co Days Inventory Historical Data

The historical data trend for Kosaido Holdings 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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Kosaido Holdings Co Days Inventory Chart

Kosaido Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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16.69

17.29

15.32

12.49

11.65

Kosaido Holdings 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															20.63	12.97	11.73	17.11	19.27

Competitive Comparison of Kosaido Holdings Co's Days Inventory

For the Specialty Business Services subindustry, Kosaido Holdings 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.

Kosaido Holdings Co's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kosaido Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kosaido Holdings Co's Days Inventory falls into.

Kosaido Holdings Co Days Inventory Calculation

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

Kosaido Holdings Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1003	+	554)	/	2 )	/	24392	*	365
=	778.5					/	24392	*	365
=	11.65

Kosaido Holdings 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
=	( (1217	+	1197)	/	2 )	/	5717	*	365 / 4
=	1207					/	5717	*	365 / 4
=	19.27

Kosaido Holdings Co (TSE:7868) 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.

Kosaido Holdings Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5717	/	1207
	=	4.74

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.

Kosaido Holdings Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1207	/	9346
	=	0.13

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.

Kosaido Holdings Co Days Inventory Related Terms

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

Kosaido Holdings Co (TSE:7868) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Kosaido Holdings Co Ltd (TSE:7868) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-3 Shibaura, Minato-ku, Seavans S Building, 13th Floor, Tokyo, JPN, 105-8318

Website

https://www.kosaido.co.jp

Kosaido Holdings Co Ltd operates in three business areas. The Information solution business includes Offset printing, Newspaper printing, Digital printing, Package printing, Digital solution, Campaign solution, Eco business, Exhibition business, and BPO service. The Human resources service business includes Recruiting media, Recruiting media agency, Free paper rack agency, Published an environmental information magazine, Temporary staffing, Recruitment, Overseas human resources service, Human resource development/education/training, RPO / recruitment outsourcing, HR Tech Service. The Ending related business includes Crematorium management and ceremonial hall provision, Funeral DX Crematorium management contract business, and Senior-related business.

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