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Toyota Industries (Toyota Industries) Days Inventory : 71.77 (As of Dec. 2023)


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What is Toyota Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Toyota Industries's Average Total Inventories for the three months ended in Dec. 2023 was $4,089 Mil. Toyota Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was $5,199 Mil. Hence, Toyota Industries's Days Inventory for the three months ended in Dec. 2023 was 71.77.

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

TYIDF' s Days Inventory Range Over the Past 10 Years
Min: 37.54   Med: 55.34   Max: 72.51
Current: 72.51

During the past 13 years, Toyota Industries's highest Days Inventory was 72.51. The lowest was 37.54. And the median was 55.34.

TYIDF's Days Inventory is ranked better than
83.33% of 204 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 131.48 vs TYIDF: 72.51

Toyota Industries's Days Inventory increased from Dec. 2022 (70.18) to Dec. 2023 (71.77). It might indicate that Toyota Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Toyota Industries's Inventory Turnover for the three months ended in Dec. 2023 was 1.27.

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. Toyota Industries's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.59.


Toyota Industries Days Inventory Historical Data

The historical data trend for Toyota Industries'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.

Toyota Industries Days Inventory Chart

Toyota Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.07 61.73 65.52 70.50 75.12

Toyota Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 66.80 75.17 76.11 71.77 72.62

Competitive Comparison of Toyota Industries's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, Toyota Industries'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.


Toyota Industries's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Toyota Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Toyota Industries's Days Inventory falls into.



Toyota Industries Days Inventory Calculation

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

Toyota Industries's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (3923.149 + 4132.211) / 2 ) / 19570.721*365
=4027.68 / 19570.721*365
=75.12

Toyota Industries'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
=( (4042.856 + 4135.615) / 2 ) / 5199.376*365 / 4
=4089.2355 / 5199.376*365 / 4
=71.77

* 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.


Toyota Industries  (OTCPK:TYIDF) 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.

Toyota Industries'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.

Toyota Industries'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.


Toyota Industries Days Inventory Related Terms

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


Toyota Industries (Toyota Industries) Business Description

Traded in Other Exchanges
Address
2-1, Toyoda-cho, Kariya-shi, Aichi, JPN, 448-8671
Toyota Industries Corp is primarily engaged in manufacturing and sale of automobiles, industrial vehicles, and textile machinery, as well as logistics business. The company manufactures and sells automobiles, engines, foundry pieces and electronic equipment. It also provides forklift trucks, warehouse equipment, automatic warehouse, vehicles for high-place work. In addition, it also engaged in the land transportation service, collection, and delivery service. The business of the group is primarily functioned through Japan and its amplifying internationally. Toyota derives most of the income through the sale of products and recycled waste products.

Toyota Industries (Toyota Industries) Headlines

From GuruFocus

Toyota Industries Leads in High-Tech Automotive and Forklifts

By Holmes Osborne, CFA Holmes Osborne, CFA 05-09-2017