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Sanko Gosei (TSE:7888) Days Inventory : 35.76 (As of May. 2024)


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What is Sanko Gosei Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sanko Gosei's Average Total Inventories for the three months ended in May. 2024 was 円8,406 Mil. Sanko Gosei's Cost of Goods Sold for the three months ended in May. 2024 was 円21,447 Mil. Hence, Sanko Gosei's Days Inventory for the three months ended in May. 2024 was 35.76.

The historical rank and industry rank for Sanko Gosei's Days Inventory or its related term are showing as below:

TSE:7888' s Days Inventory Range Over the Past 10 Years
Min: 27.79   Med: 33.65   Max: 45.55
Current: 37.02

During the past 13 years, Sanko Gosei's highest Days Inventory was 45.55. The lowest was 27.79. And the median was 33.65.

TSE:7888's Days Inventory is ranked better than
88.66% of 952 companies
in the Semiconductors industry
Industry Median: 124.835 vs TSE:7888: 37.02

Sanko Gosei's Days Inventory increased from May. 2023 (32.79) to May. 2024 (35.76). It might indicate that Sanko Gosei's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sanko Gosei's Inventory Turnover for the three months ended in May. 2024 was 2.55.

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. Sanko Gosei's Inventory-to-Revenue for the three months ended in May. 2024 was 0.33.


Sanko Gosei Days Inventory Historical Data

The historical data trend for Sanko Gosei'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.

Sanko Gosei Days Inventory Chart

Sanko Gosei Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.04 45.55 45.31 38.39 36.37

Sanko Gosei Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 32.79 39.04 35.68 38.59 35.76

Competitive Comparison of Sanko Gosei's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Sanko Gosei'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.


Sanko Gosei's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sanko Gosei's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sanko Gosei's Days Inventory falls into.



Sanko Gosei Days Inventory Calculation

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

Sanko Gosei's Days Inventory for the fiscal year that ended in May. 2024 is calculated as

Days Inventory (A: May. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2023 ) + Total Inventories (A: May. 2024 )) / count ) / Cost of Goods Sold (A: May. 2024 )*Days in Period
=( (7665 + 8357) / 2 ) / 80406*365
=8011 / 80406*365
=36.37

Sanko Gosei's Days Inventory for the quarter that ended in May. 2024 is calculated as:

Days Inventory (Q: May. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2024 ) + Total Inventories (Q: May. 2024 )) / count ) / Cost of Goods Sold (Q: May. 2024 )*Days in Period
=( (8455 + 8357) / 2 ) / 21447*365 / 4
=8406 / 21447*365 / 4
=35.76

* 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.


Sanko Gosei  (TSE:7888) 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.

Sanko Gosei's Inventory Turnover for the three months ended in May. 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.

Sanko Gosei's Inventory to Revenue for the three months ended in May. 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.


Sanko Gosei Days Inventory Related Terms

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


Sanko Gosei Business Description

Traded in Other Exchanges
N/A
Address
1200 Habushin, Toyama Prefecture, Nanto, JPN, 939-1698
Sanko Gosei Ltd is engaged in the molding and sales of plastic parts, production and assembly of mechanical/digital parts, design, production, and sales of molds for plastic molded parts, industrial products, industrial robots, and dispatching workers, among others.

Sanko Gosei Headlines

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