Tsuzuki Denki Co (TSE:8157) Days Inventory : 24.56 (As of Sep. 2024)

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What is Tsuzuki Denki Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tsuzuki Denki Co's Average Total Inventories for the three months ended in Sep. 2024 was 円4,752 Mil. Tsuzuki Denki Co's Cost of Goods Sold for the three months ended in Sep. 2024 was 円17,658 Mil. Hence, Tsuzuki Denki Co's Days Inventory for the three months ended in Sep. 2024 was 24.56.

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

TSE:8157' s Days Inventory Range Over the Past 10 Years
Min: 27.31 Med: 29.7 Max: 35.08
Current: 32.37

During the past 13 years, Tsuzuki Denki Co's highest Days Inventory was 35.08. The lowest was 27.31. And the median was 29.70.

TSE:8157's Days Inventory is ranked better than
77.95% of 508 companies
in the Conglomerates industry
Industry Median: 74.745 vs TSE:8157: 32.37

Tsuzuki Denki Co's Days Inventory declined from Sep. 2023 (49.41) to Sep. 2024 (24.56).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tsuzuki Denki Co's Inventory Turnover for the three months ended in Sep. 2024 was 3.72.

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. Tsuzuki Denki Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.21.

Tsuzuki Denki Co Days Inventory Historical Data

The historical data trend for Tsuzuki Denki 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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Tsuzuki Denki Co Days Inventory Chart

Tsuzuki Denki Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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29.57

29.83

28.47

35.08

28.11

Tsuzuki Denki Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															50.28	31.61	25.13	24.56	29.43

Competitive Comparison of Tsuzuki Denki Co's Days Inventory

For the Conglomerates subindustry, Tsuzuki Denki 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.

Tsuzuki Denki Co's Days Inventory Distribution in the Conglomerates Industry

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

* The bar in red indicates where Tsuzuki Denki Co's Days Inventory falls into.

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Tsuzuki Denki Co Days Inventory Calculation

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

Tsuzuki Denki Co'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
=	( (11683	+	3649)	/	2 )	/	99548	*	365
=	7666					/	99548	*	365
=	28.11

Tsuzuki Denki Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (4423	+	5081)	/	2 )	/	17658	*	365 / 4
=	4752					/	17658	*	365 / 4
=	24.56

Tsuzuki Denki Co (TSE:8157) 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.

Tsuzuki Denki Co's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	17658	/	4752
	=	3.72

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.

Tsuzuki Denki Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4752	/	23071
	=	0.21

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.

Tsuzuki Denki Co Days Inventory Related Terms

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

Tsuzuki Denki Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tsuzuki Denki Co Ltd (TSE:8157) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tokyo Art Club Building, 6-19-15 Shinbashi, Minato-ku, Tokyo, JPN, 105-8665

Website

http://www.tsuzuki.co.jp

Tsuzuki Denki Co Ltd engages in provision of information network system solution services. Its electronic devices comprise logic ICs, memory ICs, discrete semiconductors, compound semiconductors, relays, connectors, mouse, display panels, circuit boards, communication modules, and other components. The company's information equipment includes hard disks, PC/servers, printers, and other electronic devices; computer supplies, such as toners, ink ribbons, papers, and data media; computer-related products consisting of PC peripherals and network equipment; stationary/office supplies; and office solutions comprising interior design/construction. The company serves customers in the fields of manufacturing, distribution and services, medical and welfare, public and education, and financial.

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