Odakyu Electric Railway Co (TSE:9007) Days Inventory : 63.61 (As of Dec. 2023)

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What is Odakyu Electric Railway Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Odakyu Electric Railway Co's Average Total Inventories for the three months ended in Dec. 2023 was 円45,190 Mil. Odakyu Electric Railway Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円64,822 Mil. Hence, Odakyu Electric Railway Co's Days Inventory for the three months ended in Dec. 2023 was 63.61.

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

TSE:9007' s Days Inventory Range Over the Past 10 Years
Min: 38.2 Med: 44.1 Max: 56.54
Current: 56.54

During the past 13 years, Odakyu Electric Railway Co's highest Days Inventory was 56.54. The lowest was 38.20. And the median was 44.10.

TSE:9007's Days Inventory is ranked worse than
86.06% of 782 companies
in the Transportation industry
Industry Median: 11.49 vs TSE:9007: 56.54

Odakyu Electric Railway Co's Days Inventory increased from Dec. 2022 (49.15) to Dec. 2023 (63.61). It might indicate that Odakyu Electric Railway Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Odakyu Electric Railway Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.43.

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. Odakyu Electric Railway Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.46.

Odakyu Electric Railway Co Days Inventory Historical Data

The historical data trend for Odakyu Electric Railway 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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Odakyu Electric Railway Co Days Inventory Chart

Odakyu Electric Railway Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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39.66

38.20

44.09

55.58

55.25

Odakyu Electric Railway Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															49.15	47.78	56.98	59.38	63.61

Competitive Comparison of Odakyu Electric Railway Co's Days Inventory

For the Railroads subindustry, Odakyu Electric Railway 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.

Odakyu Electric Railway Co's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Odakyu Electric Railway Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Odakyu Electric Railway Co's Days Inventory falls into.

Odakyu Electric Railway Co Days Inventory Calculation

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

Odakyu Electric Railway Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (44539	+	42329)	/	2 )	/	286941	*	365
=	43434					/	286941	*	365
=	55.25

Odakyu Electric Railway Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (42613	+	47766)	/	2 )	/	64822	*	365 / 4
=	45189.5					/	64822	*	365 / 4
=	63.61

Odakyu Electric Railway Co (TSE:9007) 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.

Odakyu Electric Railway Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	64822	/	45189.5
	=	1.43

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.

Odakyu Electric Railway Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	45189.5	/	97379
	=	0.46

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.

Odakyu Electric Railway Co Days Inventory Related Terms

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

Odakyu Electric Railway Co (TSE:9007) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Odakyu Electric Railway Co Ltd (TSE:9007) » Definitions » Days Inventory

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ODERF:USA

Address

1-8-3 Nishishinjuku Shinjuku-ku, Tokyo, JPN, 160-8309

Website

http://www.odakyu.jp

Odakyu Electric Railway Co Ltd is a Japanese company which provides transportation services. The company has three reportable segments namely Transportation, Merchandising and Real Estate. The Transportation segment provides services through railway, bus, taxi, sightseeing boat, and ropeway. Merchandising segment operates departmental stores and supermarket. Real Estate segment is engaged in the sale of land and buildings, leasing of buildings and others. The company also offers services including hotel, restaurant, travel agent, golf course, railway maintenance service, building management and maintenance, advertising agency, horticulture and gardening, bookkeeping service, insurance agency, nursing and child care. The majority of the company's revenue comes from transportation business.

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