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Kanaden (TSE:8081) Days Inventory : 35.21 (As of Mar. 2024)


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What is Kanaden Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kanaden's Average Total Inventories for the three months ended in Mar. 2024 was 円11,719 Mil. Kanaden's Cost of Goods Sold for the three months ended in Mar. 2024 was 円30,373 Mil. Hence, Kanaden's Days Inventory for the three months ended in Mar. 2024 was 35.21.

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

TSE:8081' s Days Inventory Range Over the Past 10 Years
Min: 11.13   Med: 14.89   Max: 43.52
Current: 43.52

During the past 13 years, Kanaden's highest Days Inventory was 43.52. The lowest was 11.13. And the median was 14.89.

TSE:8081's Days Inventory is ranked better than
68.16% of 468 companies
in the Conglomerates industry
Industry Median: 72.94 vs TSE:8081: 43.52

Kanaden's Days Inventory increased from Mar. 2023 (35.02) to Mar. 2024 (35.21). It might indicate that Kanaden's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kanaden's Inventory Turnover for the three months ended in Mar. 2024 was 2.59.

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. Kanaden's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.33.


Kanaden Days Inventory Historical Data

The historical data trend for Kanaden'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.

Kanaden Days Inventory Chart

Kanaden Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.95 21.08 29.86 38.78 41.80

Kanaden Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 35.02 50.83 45.11 47.91 35.21

Competitive Comparison of Kanaden's Days Inventory

For the Conglomerates subindustry, Kanaden'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.


Kanaden's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kanaden's Days Inventory distribution charts can be found below:

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



Kanaden Days Inventory Calculation

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

Kanaden's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (11371 + 11295) / 2 ) / 98964*365
=11333 / 98964*365
=41.80

Kanaden's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (12143 + 11295) / 2 ) / 30373*365 / 4
=11719 / 30373*365 / 4
=35.21

* 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.


Kanaden  (TSE:8081) 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.

Kanaden's Inventory Turnover for the three months ended in Mar. 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.

Kanaden's Inventory to Revenue for the three months 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.


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.


Kanaden Days Inventory Related Terms

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


Kanaden Business Description

Traded in Other Exchanges
N/A
Address
Triton square z, 1-8-12, Harumi, Chuo-ku, Tokyo, JPN, 104-6215
Kanaden Corp engages in the manufacture and sale of various types of electrical, electronic, communications machinery, related components, and materials. Its FA Systems segment provides factory automation equipment, laser processing machines, and mechatronic products. The building facilities segment offers uninterruptible power supplies, building management systems, air-conditioning equipment. The infrastructure segment manages the sale of substation power equipment, telecommunications equipment, and vehicle-use electrical equipment. It also sells systems for traffic safety, air traffic control. The information and communication equipment segment handles the sale of microcomputers for security systems, video systems, telecommunications equipment, automobiles.

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