Rise Consulting Group (TSE:9168) Days Inventory : 5.35 (As of Nov. 2023)

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What is Rise Consulting Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rise Consulting Group's Average Total Inventories for the three months ended in Nov. 2023 was 円38 Mil. Rise Consulting Group's Cost of Goods Sold for the three months ended in Nov. 2023 was 円643 Mil. Hence, Rise Consulting Group's Days Inventory for the three months ended in Nov. 2023 was 5.35.

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

TSE:9168' s Days Inventory Range Over the Past 10 Years
Min: 3.46 Med: 4.05 Max: 4.33
Current: 3.46

During the past 3 years, Rise Consulting Group's highest Days Inventory was 4.33. The lowest was 3.46. And the median was 4.05.

TSE:9168's Days Inventory is ranked better than
81.03% of 680 companies
in the Business Services industry
Industry Median: 29.47 vs TSE:9168: 3.46

Rise Consulting Group's Days Inventory increased from Nov. 2022 (0.00) to Nov. 2023 (5.35). It might indicate that Rise Consulting Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rise Consulting Group's Inventory Turnover for the three months ended in Nov. 2023 was 17.06.

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. Rise Consulting Group's Inventory-to-Revenue for the three months ended in Nov. 2023 was 0.02.

Rise Consulting Group Days Inventory Historical Data

The historical data trend for Rise Consulting Group'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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Rise Consulting Group Days Inventory Chart

Rise Consulting Group Annual Data

Trend

Feb21

Feb22

Feb23

Days Inventory

4.33

3.76

Rise Consulting Group Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Inventory	Get a 7-Day Free Trial			-	2.53	1.35	2.49	5.35

Competitive Comparison of Rise Consulting Group's Days Inventory

For the Consulting Services subindustry, Rise Consulting Group'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.

Rise Consulting Group's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Rise Consulting Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rise Consulting Group's Days Inventory falls into.

Rise Consulting Group Days Inventory Calculation

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

Rise Consulting Group's Days Inventory for the fiscal year that ended in Feb. 2023 is calculated as

	Days Inventory (A: Feb. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Feb. 2022 )	+	Total Inventories (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (26.84	+	17.013)	/	2 )	/	2128.955	*	365
=	21.9265					/	2128.955	*	365
=	3.76

Rise Consulting Group's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

	Days Inventory (Q: Nov. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (30.607	+	44.831)	/	2 )	/	643.382	*	365 / 4
=	37.719					/	643.382	*	365 / 4
=	5.35

Rise Consulting Group (TSE:9168) 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.

Rise Consulting Group's Inventory Turnover for the three months ended in Nov. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	643.382	/	37.719
	=	17.06

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.

Rise Consulting Group's Inventory to Revenue for the three months ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	37.719	/	1525.311
	=	0.02

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.

Rise Consulting Group Days Inventory Related Terms

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

Rise Consulting Group (TSE:9168) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Rise Consulting Group Inc (TSE:9168) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-6-1 Roppongi, Minato-ku, Tokyo, JPN, 106-6034

Website

https://www.rise-cg.co.jp

Rise Consulting Group Inc is engaged in consulting business services. Its services include NewTech Consulting, New Innovation Consulting, Overseas Expansion Consulting, Business Process Re-engineering Consulting, and IT Consulting.

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