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I rom Group Co (TSE:2372) Days Inventory : 31.93 (As of Dec. 2023)


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What is I rom Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). I rom Group Co's Average Total Inventories for the three months ended in Dec. 2023 was 円863 Mil. I rom Group Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,466 Mil. Hence, I rom Group Co's Days Inventory for the three months ended in Dec. 2023 was 31.93.

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

TSE:2372' s Days Inventory Range Over the Past 10 Years
Min: 45.94   Med: 85.51   Max: 165.77
Current: 45.94

During the past 13 years, I rom Group Co's highest Days Inventory was 165.77. The lowest was 45.94. And the median was 85.51.

TSE:2372's Days Inventory is ranked worse than
61.19% of 469 companies
in the Healthcare Providers & Services industry
Industry Median: 32.49 vs TSE:2372: 45.94

I rom Group Co's Days Inventory declined from Dec. 2022 (100.79) to Dec. 2023 (31.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. I rom Group Co's Inventory Turnover for the three months ended in Dec. 2023 was 2.86.

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. I rom Group Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.21.


I rom Group Co Days Inventory Historical Data

The historical data trend for I rom Group 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.

I rom Group Co Days Inventory Chart

I rom Group 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 87.01 80.15 84.00 106.97 67.58

I rom Group 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 100.79 70.19 30.79 31.23 31.93

Competitive Comparison of I rom Group Co's Days Inventory

For the Medical Care Facilities subindustry, I rom Group 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.


I rom Group Co's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, I rom Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where I rom Group Co's Days Inventory falls into.



I rom Group Co Days Inventory Calculation

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

I rom Group 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
=( (2626 + 812) / 2 ) / 9285*365
=1719 / 9285*365
=67.58

I rom Group 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
=( (849 + 877) / 2 ) / 2466*365 / 4
=863 / 2466*365 / 4
=31.93

* 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.


I rom Group Co  (TSE:2372) 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.

I rom Group 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.

I rom Group 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.


I rom Group Co Days Inventory Related Terms

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


I rom Group Co (TSE:2372) Business Description

Traded in Other Exchanges
N/A
Address
Iidabashi Grand Bloom 2-10-2 Fujimi, Chiyoda-ku, Tokyo, JPN, 102-0071
I rom Group Co Ltd is a Japan based company engages in provision of medicinal treatment, site management organization, contract research organization, and medical support to pharmaceutical companies.

I rom Group Co (TSE:2372) Headlines

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