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SBI Holdings (TSE:8473) Days Inventory : 112.76 (As of Mar. 2024)


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What is SBI Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SBI Holdings's Average Total Inventories for the three months ended in Mar. 2024 was 円211,015 Mil. SBI Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was 円170,763 Mil. Hence, SBI Holdings's Days Inventory for the three months ended in Mar. 2024 was 112.76.

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

TSE:8473' s Days Inventory Range Over the Past 10 Years
Min: 109.49   Med: 158.19   Max: 158.19
Current: 109.49

During the past 13 years, SBI Holdings's highest Days Inventory was 158.19. The lowest was 109.49. And the median was 158.19.

TSE:8473's Days Inventory is ranked worse than
71.43% of 28 companies
in the Diversified Financial Services industry
Industry Median: 69.33 vs TSE:8473: 109.49

SBI Holdings's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2024 (112.76). It might indicate that SBI Holdings's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. SBI Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 0.81.

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. SBI Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.61.


SBI Holdings Days Inventory Historical Data

The historical data trend for SBI Holdings'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.

SBI Holdings Days Inventory Chart

SBI Holdings 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 - - - - 158.19

SBI Holdings 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 - 88.61 88.67 104.43 112.76

Competitive Comparison of SBI Holdings's Days Inventory

For the Financial Conglomerates subindustry, SBI Holdings'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.


SBI Holdings's Days Inventory Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SBI Holdings's Days Inventory distribution charts can be found below:

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



SBI Holdings Days Inventory Calculation

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

SBI Holdings'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
=( (0 + 240398) / 1 ) / 554687*365
=240398 / 554687*365
=158.19

SBI Holdings'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
=( (181632 + 240398) / 2 ) / 170763*365 / 4
=211015 / 170763*365 / 4
=112.76

* 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.


SBI Holdings  (TSE:8473) 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.

SBI Holdings'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.

SBI Holdings'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.


SBI Holdings Days Inventory Related Terms

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


SBI Holdings (TSE:8473) Business Description

Traded in Other Exchanges
Address
1-6-1, Roppongi, Minato-ku, Tokyo, JPN, 106-6019
SBI Holdings Inc is a financial conglomerate that offers a variety of services in securities, banking, and insurance. Operations are divided into financial services, asset management, and biotechnology-related business. Many of the traditional financial offerings fall under the financial services arm and include housing loans and foreign exchange margin trading in addition to the primary banking and insurance businesses. Under the asset management business, the group invests in Japanese and international venture companies that operate in IT, biotechnology, environment/energy, and finance. Aside from financial services, cosmetics, health foods, and drugs are developed by subsidiaries in the biotech-related business.

SBI Holdings (TSE:8473) Headlines

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