e-LogiT co (TSE:9327) Days Inventory : 1.38 (As of Dec. 2023)

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What is e-LogiT co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). e-LogiT co's Average Total Inventories for the three months ended in Dec. 2023 was 円56 Mil. e-LogiT co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,676 Mil. Hence, e-LogiT co's Days Inventory for the three months ended in Dec. 2023 was 1.38.

The historical rank and industry rank for e-LogiT co's Days Inventory or its related term are showing as below:

TSE:9327' s Days Inventory Range Over the Past 10 Years
Min: 0.48 Med: 0.58 Max: 1.1
Current: 1.1

During the past 5 years, e-LogiT co's highest Days Inventory was 1.10. The lowest was 0.48. And the median was 0.58.

TSE:9327's Days Inventory is ranked better than
90.96% of 774 companies
in the Transportation industry
Industry Median: 11.41 vs TSE:9327: 1.10

e-LogiT co's Days Inventory increased from Dec. 2022 (0.82) to Dec. 2023 (1.38). It might indicate that e-LogiT co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. e-LogiT co's Inventory Turnover for the three months ended in Dec. 2023 was 65.90.

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. e-LogiT co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.

e-LogiT co Days Inventory Historical Data

The historical data trend for e-LogiT 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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e-LogiT co Days Inventory Chart

e-LogiT co Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

0.58

0.48

0.50

0.64

0.72

e-LogiT co Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial										0.82	0.82	0.77	0.71	1.38

Competitive Comparison of e-LogiT co's Days Inventory

For the Integrated Freight & Logistics subindustry, e-LogiT 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.

e-LogiT co's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, e-LogiT co's Days Inventory distribution charts can be found below:

* The bar in red indicates where e-LogiT co's Days Inventory falls into.

e-LogiT co Days Inventory Calculation

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

e-LogiT 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
=	( (24.116	+	24.609)	/	2 )	/	12269.395	*	365
=	24.3625					/	12269.395	*	365
=	0.72

e-LogiT 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
=	( (23.637	+	87.927)	/	2 )	/	3676.045	*	365 / 4
=	55.782					/	3676.045	*	365 / 4
=	1.38

e-LogiT co (TSE:9327) 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.

e-LogiT co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3676.045	/	55.782
	=	65.90

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.

e-LogiT co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	55.782	/	3724.991
	=	0.01

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.

e-LogiT co Days Inventory Related Terms

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e-LogiT co (TSE:9327) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » e-LogiT co Ltd (TSE:9327) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Kanda-Neribei-cho, Chiyoda-ku, Tokyo, JPN, 101-0022

Website

https://www.e-logit.com

e-LogiT co Ltd is a ecommerce logistics company.

e-LogiT co (TSE:9327) Headlines

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