Days Inventory is also known as Days Sales of Inventory (DSI). Seiko Group's Average Total Inventories for the
three
months ended in Dec. 2023 was 円89,454 Mil. Seiko Group's Cost of Goods Sold for the
three
months ended in Dec. 2023 was 円40,213 Mil.
Hence, Seiko Group's Days Inventory for the
three
months ended in Dec. 2023 was 202.98.
The historical rank and industry rank for Seiko Group's Days Inventory or its related term are showing as below:
TSE:8050'
s Days Inventory Range Over the Past 10 Years
Min: 115.68 Med: 153.02 Max: 206.72
Current: 206.72
During the past 13 years, Seiko Group's highest Days Inventory was 206.72. The lowest was 115.68. And the median was 153.02.
TSE:8050's Days Inventory is ranked worse than 73.4% of 1000
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.415
vs TSE:8050: 206.72
Seiko Group's Days Inventory
declined
from Dec. 2022 (211.91) to Dec. 2023 (202.98).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Seiko Group's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.45.
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.
Seiko Group's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.20.
Seiko Group Days Inventory Historical Data
The historical data trend for Seiko Group'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.
Competitive Comparison of Seiko Group's Days Inventory
For the Footwear & Accessories subindustry, Seiko Group'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.
Seiko Group's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Seiko Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Seiko Group's Days Inventory falls into.
Seiko Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Seiko Group's Days Inventory for the fiscal year that ended in Mar. 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.
Seiko Group (TSE:8050) 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.
Seiko Group'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.
Seiko Group'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.
Seiko Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Seiko Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Seiko Group Corp is a Japanese manufacturer of watches and electronic devices. The company organizes itself into four segments, based on product type: watches, electronic devices, systems solutions, and others. The watches business, which contributes more than half of the company's revenue, manufactures men's and ladies' fashion watches. The electronic devices business, the next most significant contributor to revenue, produces components such as semiconductors, camera shutters, inkjet print heads, thermal printers, micro-batteries, and radiation-measuring equipment. Combined sales in the watches and electronic devices segments constitute the vast majority of consolidated revenue. The company derives approximately half its revenue domestically.
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