Land Business Co (TSE:8944) Days Inventory : 501.09 (As of Mar. 2024)

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What is Land Business Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Land Business Co's Average Total Inventories for the three months ended in Mar. 2024 was 円7,745 Mil. Land Business Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円1,410 Mil. Hence, Land Business Co's Days Inventory for the three months ended in Mar. 2024 was 501.09.

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

TSE:8944' s Days Inventory Range Over the Past 10 Years
Min: 1.27 Med: 75.97 Max: 712.85
Current: 712.85

During the past 13 years, Land Business Co's highest Days Inventory was 712.85. The lowest was 1.27. And the median was 75.97.

TSE:8944's Days Inventory is ranked worse than
50.64% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs TSE:8944: 712.85

Land Business Co's Days Inventory increased from Mar. 2023 (414.86) to Mar. 2024 (501.09). It might indicate that Land Business Co'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. Land Business Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.18.

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. Land Business Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 3.13.

Land Business Co Days Inventory Historical Data

The historical data trend for Land Business 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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Land Business Co Days Inventory Chart

Land Business Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

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1.27

1.36

1.56

2.64

447.70

Land Business Co 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															414.86	863.98	860.84	822.09	501.09

Competitive Comparison of Land Business Co's Days Inventory

For the Real Estate Services subindustry, Land Business 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.

Land Business Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Land Business Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Land Business Co's Days Inventory falls into.

Land Business Co Days Inventory Calculation

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

Land Business Co's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (30.486	+	6958.299)	/	2 )	/	2848.921	*	365
=	3494.3925					/	2848.921	*	365
=	447.70

Land Business Co'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
=	( (7833.171	+	7656.521)	/	2 )	/	1410.351	*	365 / 4
=	7744.846					/	1410.351	*	365 / 4
=	501.09

Land Business Co (TSE:8944) 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.

Land Business Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1410.351	/	7744.846
	=	0.18

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.

Land Business Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7744.846	/	2477.011
	=	3.13

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.

Land Business Co Days Inventory Related Terms

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

Land Business Co (TSE:8944) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Land Business Co Ltd (TSE:8944) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kasumigaseki Building 30th Floor, Kasumigaseki 3-2-5, Chiyoda-ku, Tokyo, JPN

Website

http://www.lbca.co.jp

Land Business Co Ltd is a real estate services company based in Japan. The company operates through two segments: Real Estate Investment business and Design and Construction business. In the Real Estate Investment business, the company acquires land, inject the know-how, cultivated in the design and build office buildings. The Design and Construction business consists of design supervision business, building and consulting business to support real estate owners.

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