Days Inventory is also known as Days Sales of Inventory (DSI). Amano's Average Total Inventories for the
three
months ended in Mar. 2024 was $110 Mil. Amano's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $165 Mil.
Hence, Amano's Days Inventory for the
three
months ended in Mar. 2024 was 61.04.
The historical rank and industry rank for Amano's Days Inventory or its related term are showing as below:
AMANF'
s Days Inventory Range Over the Past 10 Years
Min: 46.14 Med: 50.07 Max: 67.17
Current: 67.17
During the past 13 years, Amano's highest Days Inventory was 67.17. The lowest was 46.14. And the median was 50.07.
AMANF's Days Inventory is ranked better than 71.64% of 2408
companies
in the Hardware industry
Industry Median: 102.555
vs AMANF: 67.17
Amano's Days Inventory
increased
from Mar. 2023 (59.03) to Mar. 2024 (61.04).
It might indicate that Amano's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Amano's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.50.
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.
Amano's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.37.
Amano Days Inventory Historical Data
The historical data trend for Amano'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.
For the Scientific & Technical Instruments subindustry, Amano'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.
Amano's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Amano's Days Inventory distribution charts can be found below:
* The bar in red indicates where Amano's Days Inventory falls into.
Amano Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Amano's Days Inventory for the fiscal year that ended in Mar. 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.
Amano (OTCPK:AMANF) 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.
Amano's Inventory Turnover for the
three
months ended in Mar. 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.
Amano's Inventory to Revenue for the
three
months ended in Mar. 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.
Amano Days Inventory Related Terms
Thank you for viewing the detailed overview of Amano's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Amano Corp offers information systems, time management products, parking management services, environmental solutions, and cleaning products. The company helps clients coordinate human resources, payroll, and time recorders with software and standardized machines. It offers solutions to accurately record the data on billing and documents, and can process a wide variety of information customized for each client. Parking lots and bicycle-parking systems ensure safety while increasing the level of convenience for parking lot users. Products geared toward environmental and cleaning applications include dust and fume collectors, hazardous-gas removal systems, and floor scrubbers and cleaners. The majority of sales derive from customers located in Japan.
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