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The Japan Steel Works (The Japan Steel Works) Days Inventory : 194.45 (As of Dec. 2023)


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What is The Japan Steel Works Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). The Japan Steel Works's Average Total Inventories for the three months ended in Dec. 2023 was $725 Mil. The Japan Steel Works's Cost of Goods Sold for the three months ended in Dec. 2023 was $340 Mil. Hence, The Japan Steel Works's Days Inventory for the three months ended in Dec. 2023 was 194.45.

The historical rank and industry rank for The Japan Steel Works's Days Inventory or its related term are showing as below:

JPSWY' s Days Inventory Range Over the Past 10 Years
Min: 138.02   Med: 151.19   Max: 187.66
Current: 187.66

During the past 13 years, The Japan Steel Works's highest Days Inventory was 187.66. The lowest was 138.02. And the median was 151.19.

JPSWY's Days Inventory is ranked worse than
72.86% of 2907 companies
in the Industrial Products industry
Industry Median: 119.85 vs JPSWY: 187.66

The Japan Steel Works's Days Inventory increased from Dec. 2022 (174.62) to Dec. 2023 (194.45). It might indicate that The Japan Steel Works's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Japan Steel Works's Inventory Turnover for the three months ended in Dec. 2023 was 0.47.

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. The Japan Steel Works's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.64.


The Japan Steel Works Days Inventory Historical Data

The historical data trend for The Japan Steel Works'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.

The Japan Steel Works Days Inventory Chart

The Japan Steel Works 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 147.10 152.37 162.57 160.81 168.51

The Japan Steel Works 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 174.62 144.39 209.15 218.22 194.45

Competitive Comparison of The Japan Steel Works's Days Inventory

For the Specialty Industrial Machinery subindustry, The Japan Steel Works'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.


The Japan Steel Works's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Japan Steel Works's Days Inventory distribution charts can be found below:

* The bar in red indicates where The Japan Steel Works's Days Inventory falls into.



The Japan Steel Works Days Inventory Calculation

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

The Japan Steel Works'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
=( (628.982 + 678.955) / 2 ) / 1416.541*365
=653.9685 / 1416.541*365
=168.51

The Japan Steel Works'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
=( (695.607 + 754.451) / 2 ) / 340.238*365 / 4
=725.029 / 340.238*365 / 4
=194.45

* 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.


The Japan Steel Works  (OTCPK:JPSWY) 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.

The Japan Steel Works'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.

The Japan Steel Works'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.


The Japan Steel Works Days Inventory Related Terms

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


The Japan Steel Works (The Japan Steel Works) Business Description

Traded in Other Exchanges
Address
Gate City Ohsaki-West Tower, 11-1, Osaki 1-chome, Shinagawa-ku, Tokyo, JPN, 141-0032
The Japan Steel Works Ltd is a Japan-based company that primarily operates through two segments. The steel and energy products segment provides steel components for turbine shafts, steel components for nuclear reactors, steel casting for power plant turbines, oil refining equipment, high-pressure steel tankers, wind turbine systems, and various other steel products. The industrial machinery products segment offers polyolefin pelletizers, injection molding machines, extruders, film and sheet machines, blow molding machines, defense equipment, and other industrial machinery and related services and solutions. The company generates the majority of its sales from Japan and China.

The Japan Steel Works (The Japan Steel Works) Headlines