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Alps Alpine Co (Alps Alpine Co) Days Inventory : 73.16 (As of Dec. 2023)


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What is Alps Alpine Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alps Alpine Co's Average Total Inventories for the three months ended in Dec. 2023 was $1,180 Mil. Alps Alpine Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,472 Mil. Hence, Alps Alpine Co's Days Inventory for the three months ended in Dec. 2023 was 73.16.

The historical rank and industry rank for Alps Alpine Co's Days Inventory or its related term are showing as below:

APELY' s Days Inventory Range Over the Past 10 Years
Min: 48.22   Med: 52.12   Max: 77.36
Current: 77.36

During the past 13 years, Alps Alpine Co's highest Days Inventory was 77.36. The lowest was 48.22. And the median was 52.12.

APELY's Days Inventory is ranked better than
65.32% of 2408 companies
in the Hardware industry
Industry Median: 102.52 vs APELY: 77.36

Alps Alpine Co's Days Inventory declined from Dec. 2022 (78.55) to Dec. 2023 (73.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alps Alpine Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.25.

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. Alps Alpine Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.65.


Alps Alpine Co Days Inventory Historical Data

The historical data trend for Alps Alpine 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.

* Premium members only.

Alps Alpine Co Days Inventory Chart

Alps Alpine Co 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 52.04 52.60 59.63 65.38 75.28

Alps Alpine Co 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 78.55 76.75 85.68 77.11 73.16

Competitive Comparison of Alps Alpine Co's Days Inventory

For the Electronic Components subindustry, Alps Alpine 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.


Alps Alpine Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Alps Alpine Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alps Alpine Co's Days Inventory falls into.



Alps Alpine Co Days Inventory Calculation

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

Alps Alpine Co'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
=( (1125.004 + 1237.608) / 2 ) / 5727.685*365
=1181.306 / 5727.685*365
=75.28

Alps Alpine Co'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
=( (1190.389 + 1169.713) / 2 ) / 1471.876*365 / 4
=1180.051 / 1471.876*365 / 4
=73.16

* 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.


Alps Alpine Co  (OTCPK:APELY) 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.

Alps Alpine 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.

Alps Alpine 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.


Alps Alpine Co Days Inventory Related Terms

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


Alps Alpine Co (Alps Alpine Co) Business Description

Traded in Other Exchanges
Address
1-7, Yukigaya-otsukamachi, Ota-ku, Tokyo, JPN, 145-8501
Alps Alpine Co Ltd operates in two major business segments: electronic components, automotive infotainment, lodistics and others.. The electronic components segment develops, manufactures, and sells a broad range of electronic components in both consumer and automotive markets. The automotive infotainment segment develops, produces, and markets audio, information, and communication equipment. The company generates the majority of revenue from the electronic components segment and the automotive infotainment segment. It has a business presence worldwide, with the United States, Japan, China, and Germany its four largest markets.

Alps Alpine Co (Alps Alpine Co) Headlines