GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Nagase Brothers Inc (TSE:9733) » Definitions » Days Inventory

Nagase Brothers (TSE:9733) Days Inventory : 6.33 (As of Dec. 2023)


View and export this data going back to 1988. Start your Free Trial

What is Nagase Brothers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nagase Brothers's Average Total Inventories for the three months ended in Dec. 2023 was 円669 Mil. Nagase Brothers's Cost of Goods Sold for the three months ended in Dec. 2023 was 円9,643 Mil. Hence, Nagase Brothers's Days Inventory for the three months ended in Dec. 2023 was 6.33.

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

TSE:9733' s Days Inventory Range Over the Past 10 Years
Min: 5.05   Med: 5.69   Max: 6.35
Current: 6.35

During the past 13 years, Nagase Brothers's highest Days Inventory was 6.35. The lowest was 5.05. And the median was 5.69.

TSE:9733's Days Inventory is ranked better than
57.05% of 156 companies
in the Education industry
Industry Median: 8.825 vs TSE:9733: 6.35

Nagase Brothers's Days Inventory increased from Dec. 2022 (6.28) to Dec. 2023 (6.33). It might indicate that Nagase Brothers's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nagase Brothers's Inventory Turnover for the three months ended in Dec. 2023 was 14.41.

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. Nagase Brothers's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.05.


Nagase Brothers Days Inventory Historical Data

The historical data trend for Nagase Brothers'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.

Nagase Brothers Days Inventory Chart

Nagase Brothers 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 5.68 5.70 5.69 5.21 5.24

Nagase Brothers 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 6.28 5.80 6.46 6.06 6.33

Competitive Comparison of Nagase Brothers's Days Inventory

For the Education & Training Services subindustry, Nagase Brothers'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.


Nagase Brothers's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Nagase Brothers's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nagase Brothers's Days Inventory falls into.



Nagase Brothers Days Inventory Calculation

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

Nagase Brothers'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
=( (504 + 569) / 2 ) / 37349*365
=536.5 / 37349*365
=5.24

Nagase Brothers'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
=( (576 + 762) / 2 ) / 9643*365 / 4
=669 / 9643*365 / 4
=6.33

* 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.


Nagase Brothers  (TSE:9733) 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.

Nagase Brothers'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.

Nagase Brothers'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.


Nagase Brothers Days Inventory Related Terms

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


Nagase Brothers (TSE:9733) Business Description

Traded in Other Exchanges
N/A
Address
1-29-2 Kichijojiminami, Musashino-shi, Tokyo, JPN
Nagase Brothers Inc operates cram schools. It offers educational services for elementary, junior high, and high school students. It also has business schools, elementary schools, and swimming schools; and offers entrance examination services, as well as publishes reference books.

Nagase Brothers (TSE:9733) Headlines

No Headlines