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Kanamoto Co (TSE:9678) Days Inventory : 48.89 (As of Apr. 2024)


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What is Kanamoto Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kanamoto Co's Average Total Inventories for the three months ended in Apr. 2024 was 円19,319 Mil. Kanamoto Co's Cost of Goods Sold for the three months ended in Apr. 2024 was 円36,058 Mil. Hence, Kanamoto Co's Days Inventory for the three months ended in Apr. 2024 was 48.89.

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

TSE:9678' s Days Inventory Range Over the Past 10 Years
Min: 26.1   Med: 48.13   Max: 59.81
Current: 48.47

During the past 13 years, Kanamoto Co's highest Days Inventory was 59.81. The lowest was 26.10. And the median was 48.13.

TSE:9678's Days Inventory is ranked worse than
58.79% of 677 companies
in the Business Services industry
Industry Median: 28.61 vs TSE:9678: 48.47

Kanamoto Co's Days Inventory declined from Apr. 2023 (53.35) to Apr. 2024 (48.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kanamoto Co's Inventory Turnover for the three months ended in Apr. 2024 was 1.87.

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. Kanamoto Co's Inventory-to-Revenue for the three months ended in Apr. 2024 was 0.38.


Kanamoto Co Days Inventory Historical Data

The historical data trend for Kanamoto 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.

Kanamoto Co Days Inventory Chart

Kanamoto Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.77 59.81 59.58 57.13 50.85

Kanamoto Co Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 51.94 47.16 48.34 48.89 48.61

Competitive Comparison of Kanamoto Co's Days Inventory

For the Rental & Leasing Services subindustry, Kanamoto 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.


Kanamoto Co's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kanamoto Co's Days Inventory distribution charts can be found below:

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



Kanamoto Co Days Inventory Calculation

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

Kanamoto Co's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

Days Inventory (A: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (20208 + 18978) / 2 ) / 140631*365
=19593 / 140631*365
=50.85

Kanamoto Co's Days Inventory for the quarter that ended in Apr. 2024 is calculated as:

Days Inventory (Q: Apr. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jan. 2024 ) + Total Inventories (Q: Apr. 2024 )) / count ) / Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=( (19055 + 19582) / 2 ) / 36058*365 / 4
=19318.5 / 36058*365 / 4
=48.89

* 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.


Kanamoto Co  (TSE:9678) 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.

Kanamoto Co's Inventory Turnover for the three months ended in Apr. 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.

Kanamoto Co's Inventory to Revenue for the three months ended in Apr. 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.


Kanamoto Co Days Inventory Related Terms

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


Kanamoto Co Business Description

Traded in Other Exchanges
N/A
Address
1-19, Odori Higashi 3-chome Chuo-ku, Sapporo, Hokkaido, JPN, 060-0041
Kanamoto Co Ltd is a provider of construction equipment rentals. The company operates three business segments: construction equipment rental, steel products, and computing products. The construction equipment rental business is Kanamoto's core business, accounting for most of the company's revenue. The company owns various hand tools and construction equipment, such as dump trucks and hydraulic excavators, which it rents out to its customers. The steel products business sells various construction materials for engineering and construction works. The computing products business provides rentals and sale of computer-related equipment. Kanamoto operates in Asia.

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