Days Inventory is also known as Days Sales of Inventory (DSI). Aica Kogyo Co's Average Total Inventories for the
three
months ended in Dec. 2023 was 円32,596 Mil. Aica Kogyo Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was 円44,148 Mil.
Hence, Aica Kogyo Co's Days Inventory for the
three
months ended in Dec. 2023 was 67.37.
The historical rank and industry rank for Aica Kogyo Co's Days Inventory or its related term are showing as below:
TSE:4206'
s Days Inventory Range Over the Past 10 Years
Min: 34.02 Med: 44.15 Max: 68.98
Current: 68.98
During the past 13 years, Aica Kogyo Co's highest Days Inventory was 68.98. The lowest was 34.02. And the median was 44.15.
TSE:4206's Days Inventory is ranked better than 52.12% of 449
companies
in the Conglomerates industry
Industry Median: 73.36
vs TSE:4206: 68.98
Aica Kogyo Co's Days Inventory
increased
from Dec. 2022 (66.18) to Dec. 2023 (67.37).
It might indicate that Aica Kogyo Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Aica Kogyo Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.35.
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.
Aica Kogyo Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.53.
Aica Kogyo Co Days Inventory Historical Data
The historical data trend for Aica Kogyo 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.
Competitive Comparison of Aica Kogyo Co's Days Inventory
For the Conglomerates subindustry, Aica Kogyo 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.
Aica Kogyo Co's Days Inventory Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Aica Kogyo Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Aica Kogyo Co's Days Inventory falls into.
Aica Kogyo Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Aica Kogyo Co's Days Inventory for the fiscal year that ended in Mar. 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.
Aica Kogyo Co (TSE:4206) 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.
Aica Kogyo Co'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.
Aica Kogyo Co'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.
Aica Kogyo Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Aica Kogyo Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Aica Kogyo Co Ltd is a Japanese manufacturing company. It operates its business in four segments which are Chemical Products, Specialty & Performance Materials, Laminated Sheets, and Building & Housing Materials. The company mainly provides adhesives, resin, melamine doors, wall coating materials, countertops, decorative panels, polyester panels and boards. It also provides solar batteries, lamps, and silicone materials.
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