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KITA KOUDENSHA (SSE:1734) Days Inventory : 8.01 (As of Dec. 2023)


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What is KITA KOUDENSHA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). KITA KOUDENSHA's Average Total Inventories for the three months ended in Dec. 2023 was 円310 Mil. KITA KOUDENSHA's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,531 Mil. Hence, KITA KOUDENSHA's Days Inventory for the three months ended in Dec. 2023 was 8.01.

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

SSE:1734' s Days Inventory Range Over the Past 10 Years
Min: 3.18   Med: 4.71   Max: 37.28
Current: 8.54

During the past 11 years, KITA KOUDENSHA's highest Days Inventory was 37.28. The lowest was 3.18. And the median was 4.71.

SSE:1734's Days Inventory is ranked better than
79.84% of 1394 companies
in the Construction industry
Industry Median: 48.575 vs SSE:1734: 8.54

KITA KOUDENSHA's Days Inventory declined from Dec. 2022 (9.84) to Dec. 2023 (8.01).

Inventory Turnover measures how fast the company turns over its inventory within a year. KITA KOUDENSHA's Inventory Turnover for the three months ended in Dec. 2023 was 11.39.

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. KITA KOUDENSHA's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.07.


KITA KOUDENSHA Days Inventory Historical Data

The historical data trend for KITA KOUDENSHA'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.

KITA KOUDENSHA Days Inventory Chart

KITA KOUDENSHA 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 4.73 4.30 37.28 22.96 8.98

KITA KOUDENSHA 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 9.84 8.29 6.85 9.73 8.01

Competitive Comparison of KITA KOUDENSHA's Days Inventory

For the Engineering & Construction subindustry, KITA KOUDENSHA'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.


KITA KOUDENSHA's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, KITA KOUDENSHA's Days Inventory distribution charts can be found below:

* The bar in red indicates where KITA KOUDENSHA's Days Inventory falls into.



KITA KOUDENSHA Days Inventory Calculation

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

KITA KOUDENSHA'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
=( (509.289 + 171.283) / 2 ) / 13833.959*365
=340.286 / 13833.959*365
=8.98

KITA KOUDENSHA'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
=( (303.713 + 316.372) / 2 ) / 3531.293*365 / 4
=310.0425 / 3531.293*365 / 4
=8.01

* 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.


KITA KOUDENSHA  (SSE:1734) 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.

KITA KOUDENSHA'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.

KITA KOUDENSHA'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.


KITA KOUDENSHA Days Inventory Related Terms

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


KITA KOUDENSHA (SSE:1734) Business Description

Traded in Other Exchanges
N/A
Address
23-2-10 Nishi Kita-Juichijo, Chuo-ku Sapporo, Hokkaido, JPN, 060-0011
KITA KOUDENSHA Corp is engaged in the indoor wiring and power-related construction operations. The company undertakes projects for the construction of transmission lines, underground transmission lines, communication lines. It has an indoor wiring construction project, power related construction project and industrial equipment business which include sales of power facility equipment, low voltage generator cars, electric wires, and piping materials, information communication systems.

KITA KOUDENSHA (SSE:1734) Headlines

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