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Toshin Holdings Co (TSE:9444) Days Inventory : 17.87 (As of Jan. 2024)


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What is Toshin Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Toshin Holdings Co's Average Total Inventories for the three months ended in Jan. 2024 was 円647 Mil. Toshin Holdings Co's Cost of Goods Sold for the three months ended in Jan. 2024 was 円3,303 Mil. Hence, Toshin Holdings Co's Days Inventory for the three months ended in Jan. 2024 was 17.87.

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

TSE:9444' s Days Inventory Range Over the Past 10 Years
Min: 8.25   Med: 10.7   Max: 12.98
Current: 12.63

During the past 13 years, Toshin Holdings Co's highest Days Inventory was 12.98. The lowest was 8.25. And the median was 10.70.

TSE:9444's Days Inventory is ranked better than
93.83% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 110.79 vs TSE:9444: 12.63

Toshin Holdings Co's Days Inventory increased from Jan. 2023 (9.72) to Jan. 2024 (17.87). It might indicate that Toshin Holdings Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Toshin Holdings Co's Inventory Turnover for the three months ended in Jan. 2024 was 5.11.

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. Toshin Holdings Co's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.14.


Toshin Holdings Co Days Inventory Historical Data

The historical data trend for Toshin Holdings 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.

Toshin Holdings Co Days Inventory Chart

Toshin Holdings Co Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.51 12.98 10.09 9.72 8.97

Toshin Holdings Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 9.72 7.14 12.36 12.76 17.87

Competitive Comparison of Toshin Holdings Co's Days Inventory

For the Specialty Retail subindustry, Toshin Holdings 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.


Toshin Holdings Co's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Toshin Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Toshin Holdings Co's Days Inventory falls into.



Toshin Holdings Co Days Inventory Calculation

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

Toshin Holdings Co's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

Days Inventory (A: Apr. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (298.824 + 332.956) / 2 ) / 12852.27*365
=315.89 / 12852.27*365
=8.97

Toshin Holdings Co's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (564.635 + 729.149) / 2 ) / 3302.784*365 / 4
=646.892 / 3302.784*365 / 4
=17.87

* 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.


Toshin Holdings Co  (TSE:9444) 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.

Toshin Holdings Co's Inventory Turnover for the three months ended in Jan. 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.

Toshin Holdings Co's Inventory to Revenue for the three months ended in Jan. 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.


Toshin Holdings Co Days Inventory Related Terms

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


Toshin Holdings Co (TSE:9444) Business Description

Traded in Other Exchanges
N/A
Address
Aichi Prefecture, Naka-ku Sakae, 3-4-21 Toshin Sakae Building, Nagoya, JPN, 460 0008
Toshin Holdings Co Ltd is engaged in the sale of mobile phone and other communication equipment. It also offers leasing and sale of real estate properties, provides asset management services, operates golf courses and restaurants, sales drinking water. Its other business includes OA equipment sales, air conditioner sales, drinking water sales, rental conference room operation, golfers salon management.

Toshin Holdings Co (TSE:9444) Headlines

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