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Tetsujin Holdings (TSE:2404) Days Inventory : 6.58 (As of Feb. 2024)


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What is Tetsujin Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tetsujin Holdings's Average Total Inventories for the three months ended in Feb. 2024 was 円114 Mil. Tetsujin Holdings's Cost of Goods Sold for the three months ended in Feb. 2024 was 円1,583 Mil. Hence, Tetsujin Holdings's Days Inventory for the three months ended in Feb. 2024 was 6.58.

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

TSE:2404' s Days Inventory Range Over the Past 10 Years
Min: 3.01   Med: 4.39   Max: 6.57
Current: 6.5

During the past 13 years, Tetsujin Holdings's highest Days Inventory was 6.57. The lowest was 3.01. And the median was 4.39.

TSE:2404's Days Inventory is ranked better than
76.52% of 673 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs TSE:2404: 6.50

Tetsujin Holdings's Days Inventory increased from Feb. 2023 (6.30) to Feb. 2024 (6.58). It might indicate that Tetsujin Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tetsujin Holdings's Inventory Turnover for the three months ended in Feb. 2024 was 13.87.

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. Tetsujin Holdings's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.06.


Tetsujin Holdings Days Inventory Historical Data

The historical data trend for Tetsujin Holdings'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.

Tetsujin Holdings Days Inventory Chart

Tetsujin Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.04 3.86 4.97 4.95 6.23

Tetsujin Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 6.30 5.93 6.55 7.27 6.58

Competitive Comparison of Tetsujin Holdings's Days Inventory

For the Lodging subindustry, Tetsujin Holdings'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.


Tetsujin Holdings's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tetsujin Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tetsujin Holdings's Days Inventory falls into.



Tetsujin Holdings Days Inventory Calculation

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

Tetsujin Holdings's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (80.701 + 115.362) / 2 ) / 5746.353*365
=98.0315 / 5746.353*365
=6.23

Tetsujin Holdings's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (117.87 + 110.463) / 2 ) / 1583.364*365 / 4
=114.1665 / 1583.364*365 / 4
=6.58

* 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.


Tetsujin Holdings  (TSE:2404) 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.

Tetsujin Holdings's Inventory Turnover for the three months ended in Feb. 2024 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.

Tetsujin Holdings's Inventory to Revenue for the three months ended in Feb. 2024 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.


Tetsujin Holdings Days Inventory Related Terms

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


Tetsujin Holdings (TSE:2404) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Higashiyama 3 - chome, Meguro-ku, Tokyo, JPN, 153-0043
TETSUJIN Inc is engaged in the management of space providing amusement facilities including karaoke, luxury space business, audio equipment, systems which include production and sale of sound sources for content providers, and content provider business for mobile phones.

Tetsujin Holdings (TSE:2404) Headlines

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