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Pacific Net Co (TSE:3021) Days Inventory : 8.86 (As of Feb. 2024)


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What is Pacific Net Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pacific Net Co's Average Total Inventories for the three months ended in Feb. 2024 was 円97 Mil. Pacific Net Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円994 Mil. Hence, Pacific Net Co's Days Inventory for the three months ended in Feb. 2024 was 8.86.

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

TSE:3021' s Days Inventory Range Over the Past 10 Years
Min: 9.62   Med: 36.56   Max: 92.4
Current: 9.62

During the past 13 years, Pacific Net Co's highest Days Inventory was 92.40. The lowest was 9.62. And the median was 36.56.

TSE:3021's Days Inventory is ranked better than
97.97% of 2410 companies
in the Hardware industry
Industry Median: 102.035 vs TSE:3021: 9.62

Pacific Net Co's Days Inventory declined from Feb. 2023 (10.55) to Feb. 2024 (8.86).

Inventory Turnover measures how fast the company turns over its inventory within a year. Pacific Net Co's Inventory Turnover for the three months ended in Feb. 2024 was 10.29.

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. Pacific Net Co's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.06.


Pacific Net Co Days Inventory Historical Data

The historical data trend for Pacific Net 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.

Pacific Net Co Days Inventory Chart

Pacific Net Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.55 19.37 13.61 11.85 11.15

Pacific Net Co 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 10.55 9.45 10.50 10.12 8.86

Competitive Comparison of Pacific Net Co's Days Inventory

For the Computer Hardware subindustry, Pacific Net 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.


Pacific Net Co's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Pacific Net Co's Days Inventory falls into.



Pacific Net Co Days Inventory Calculation

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

Pacific Net Co's Days Inventory for the fiscal year that ended in May. 2023 is calculated as

Days Inventory (A: May. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2022 ) + Total Inventories (A: May. 2023 )) / count ) / Cost of Goods Sold (A: May. 2023 )*Days in Period
=( (138.759 + 89.894) / 2 ) / 3744.03*365
=114.3265 / 3744.03*365
=11.15

Pacific Net Co'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
=( (101.157 + 91.956) / 2 ) / 994.049*365 / 4
=96.5565 / 994.049*365 / 4
=8.86

* 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.


Pacific Net Co  (TSE:3021) 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.

Pacific Net Co'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.

Pacific Net Co'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.


Pacific Net Co Days Inventory Related Terms

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


Pacific Net Co (TSE:3021) Business Description

Traded in Other Exchanges
N/A
Address
5-20-14 Mita Suzuki Building 6th Floor, Shiba, Minato-ku, Tokyo, JPN, 108-0014
Pacific Net Co Ltd is engaged in reusing and recycling personal computers (PC) and other information equipment in Japan. It also provides personal computer rental and data erasing services.

Pacific Net Co (TSE:3021) Headlines

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