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Toyo Wharf & Warehouse Co (TSE:9351) Days Inventory : 2.94 (As of Dec. 2023)


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What is Toyo Wharf & Warehouse Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Toyo Wharf & Warehouse Co's Average Total Inventories for the three months ended in Dec. 2023 was 円247 Mil. Toyo Wharf & Warehouse Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円7,649 Mil. Hence, Toyo Wharf & Warehouse Co's Days Inventory for the three months ended in Dec. 2023 was 2.94.

The historical rank and industry rank for Toyo Wharf & Warehouse Co's Days Inventory or its related term are showing as below:

TSE:9351' s Days Inventory Range Over the Past 10 Years
Min: 1.68   Med: 2   Max: 2.94
Current: 2.89

During the past 13 years, Toyo Wharf & Warehouse Co's highest Days Inventory was 2.94. The lowest was 1.68. And the median was 2.00.

TSE:9351's Days Inventory is ranked better than
80.21% of 773 companies
in the Transportation industry
Industry Median: 11.42 vs TSE:9351: 2.89

Toyo Wharf & Warehouse Co's Days Inventory increased from Dec. 2022 (2.71) to Dec. 2023 (2.94). It might indicate that Toyo Wharf & Warehouse Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Toyo Wharf & Warehouse Co's Inventory Turnover for the three months ended in Dec. 2023 was 31.03.

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. Toyo Wharf & Warehouse Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.03.


Toyo Wharf & Warehouse Co Days Inventory Historical Data

The historical data trend for Toyo Wharf & Warehouse 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.

* Premium members only.

Toyo Wharf & Warehouse Co Days Inventory Chart

Toyo Wharf & Warehouse Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.91 2.39 2.94 2.73 2.59

Toyo Wharf & Warehouse 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.71 2.86 2.83 2.92 2.94

Competitive Comparison of Toyo Wharf & Warehouse Co's Days Inventory

For the Integrated Freight & Logistics subindustry, Toyo Wharf & Warehouse 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.


Toyo Wharf & Warehouse Co's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Toyo Wharf & Warehouse Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Toyo Wharf & Warehouse Co's Days Inventory falls into.



Toyo Wharf & Warehouse Co Days Inventory Calculation

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

Toyo Wharf & Warehouse 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
=( (239 + 248) / 2 ) / 34265*365
=243.5 / 34265*365
=2.59

Toyo Wharf & Warehouse 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
=( (249 + 244) / 2 ) / 7649*365 / 4
=246.5 / 7649*365 / 4
=2.94

* 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.


Toyo Wharf & Warehouse Co  (TSE:9351) 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.

Toyo Wharf & Warehouse Co's Inventory Turnover for the three months ended in Dec. 2023 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.

Toyo Wharf & Warehouse Co's Inventory to Revenue for the three months ended in Dec. 2023 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.


Toyo Wharf & Warehouse Co Days Inventory Related Terms

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


Toyo Wharf & Warehouse Co (TSE:9351) Business Description

Traded in Other Exchanges
N/A
Address
1-8-8 Harumi, Tokyo, JPN, 104-0053
Toyo Wharf & Warehouse Co Ltd is engaged in the domestic comprehensive logistics business, international logistics business and related business mainly for warehousing, port transportation, and car transportation.

Toyo Wharf & Warehouse Co (TSE:9351) Headlines

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