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Kankyou No Mikata (TSE:9224) Days Inventory : 5.36 (As of Mar. 2024)


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What is Kankyou No Mikata Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kankyou No Mikata's Average Total Inventories for the six months ended in Mar. 2024 was 円23 Mil. Kankyou No Mikata's Cost of Goods Sold for the six months ended in Mar. 2024 was 円769 Mil. Hence, Kankyou No Mikata's Days Inventory for the six months ended in Mar. 2024 was 5.36.

The historical rank and industry rank for Kankyou No Mikata's Days Inventory or its related term are showing as below:

TSE:9224' s Days Inventory Range Over the Past 10 Years
Min: 4.98   Med: 5.31   Max: 6.14
Current: 5.76

During the past 4 years, Kankyou No Mikata's highest Days Inventory was 6.14. The lowest was 4.98. And the median was 5.31.

TSE:9224's Days Inventory is not ranked
in the Waste Management industry.
Industry Median: 20.05 vs TSE:9224: 5.76

Kankyou No Mikata's Days Inventory declined from Mar. 2023 (6.23) to Mar. 2024 (5.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kankyou No Mikata's Inventory Turnover for the six months ended in Mar. 2024 was 34.03.

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. Kankyou No Mikata's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.02.


Kankyou No Mikata Days Inventory Historical Data

The historical data trend for Kankyou No Mikata'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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Kankyou No Mikata Days Inventory Chart

Kankyou No Mikata Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Days Inventory
5.15 4.98 5.46 6.14

Kankyou No Mikata Semi-Annual Data
Sep20 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Days Inventory Get a 7-Day Free Trial 5.36 6.07 6.23 6.08 5.36

Competitive Comparison of Kankyou No Mikata's Days Inventory

For the Waste Management subindustry, Kankyou No Mikata'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.


Kankyou No Mikata's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Kankyou No Mikata's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kankyou No Mikata's Days Inventory falls into.



Kankyou No Mikata Days Inventory Calculation

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

Kankyou No Mikata'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
=( (23.537 + 21.695) / 2 ) / 1343.409*365
=22.616 / 1343.409*365
=6.14

Kankyou No Mikata'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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (21.695 + 23.527) / 2 ) / 769.366*365 / 2
=22.611 / 769.366*365 / 2
=5.36

* 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.


Kankyou No Mikata  (TSE:9224) 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.

Kankyou No Mikata's Inventory Turnover for the six 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.

Kankyou No Mikata's Inventory to Revenue for the six 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.


Kankyou No Mikata Days Inventory Related Terms

Thank you for viewing the detailed overview of Kankyou No Mikata's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Kankyou No Mikata Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1019 Kamishinden, Shizuoka Prefecture, Yaizu, JPN, 421-0206
Kankyou No Mikata Inc is a is a general waste collection and transportation business. The company collect garbage in Yaizu City, Fujieda City, Shimada City, Yoshida Town, Makinohara City, Omaezaki City, and Kawanehon Town in Shizuoka Prefecture. It operations includes regular collection of business waste to collection of oversized waste and waste generated by moving and cleaning up.

Kankyou No Mikata Headlines

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