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Future Link Network Co (TSE:9241) Days Inventory : 5.73 (As of Feb. 2024)


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What is Future Link Network Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Future Link Network Co's Average Total Inventories for the three months ended in Feb. 2024 was 円9 Mil. Future Link Network Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円141 Mil. Hence, Future Link Network Co's Days Inventory for the three months ended in Feb. 2024 was 5.73.

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

TSE:9241' s Days Inventory Range Over the Past 10 Years
Min: 0.97   Med: 1.12   Max: 3.97
Current: 3.97

During the past 5 years, Future Link Network Co's highest Days Inventory was 3.97. The lowest was 0.97. And the median was 1.12.

TSE:9241's Days Inventory is ranked better than
82.95% of 651 companies
in the Media - Diversified industry
Industry Median: 26.37 vs TSE:9241: 3.97

Future Link Network Co's Days Inventory increased from Feb. 2023 (3.22) to Feb. 2024 (5.73). It might indicate that Future Link Network Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Future Link Network Co's Inventory Turnover for the three months ended in Feb. 2024 was 15.93.

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. Future Link Network Co's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.02.


Future Link Network Co Days Inventory Historical Data

The historical data trend for Future Link Network 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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Future Link Network Co Days Inventory Chart

Future Link Network Co Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
2.23 1.76 1.12 0.98 0.97

Future Link Network Co Quarterly Data
Aug19 Aug20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3.22 4.11 1.68 2.62 5.73

Competitive Comparison of Future Link Network Co's Days Inventory

For the Advertising Agencies subindustry, Future Link Network 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.


Future Link Network Co's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Future Link Network Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Future Link Network Co's Days Inventory falls into.



Future Link Network Co Days Inventory Calculation

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

Future Link Network Co's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (1.054 + 1.619) / 2 ) / 500.44*365
=1.3365 / 500.44*365
=0.97

Future Link Network Co's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (8.335 + 9.364) / 2 ) / 140.949*365 / 4
=8.8495 / 140.949*365 / 4
=5.73

* 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.


Future Link Network Co  (TSE:9241) 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.

Future Link Network Co's Inventory Turnover for the three months ended in Feb. 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.

Future Link Network Co's Inventory to Revenue for the three months ended in Feb. 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.


Future Link Network Co Days Inventory Related Terms

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


Future Link Network Co (TSE:9241) Business Description

Traded in Other Exchanges
N/A
Address
4-19-3 Nishifuna, Nishifuna Narishima Building, Chiba Prefecture, Funabashi, JPN, 273-0031
Future Link Network Co Ltd operates a regional information platform Maipure.It is engaged in providing regional information distribution business, public solution business and marketing support business.

Future Link Network Co (TSE:9241) Headlines

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