GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Isetan Mitsukoshi Holdings Ltd (TSE:3099) » Definitions » Days Inventory

Isetan Mitsukoshi Holdings (TSE:3099) Days Inventory : 39.64 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Isetan Mitsukoshi Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Isetan Mitsukoshi Holdings's Average Total Inventories for the three months ended in Dec. 2023 was 円27,218 Mil. Isetan Mitsukoshi Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円62,646 Mil. Hence, Isetan Mitsukoshi Holdings's Days Inventory for the three months ended in Dec. 2023 was 39.64.

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

TSE:3099' s Days Inventory Range Over the Past 10 Years
Min: 20.26   Med: 23.11   Max: 57.66
Current: 46.07

During the past 13 years, Isetan Mitsukoshi Holdings's highest Days Inventory was 57.66. The lowest was 20.26. And the median was 23.11.

TSE:3099's Days Inventory is ranked better than
81.09% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs TSE:3099: 46.07

Isetan Mitsukoshi Holdings's Days Inventory declined from Dec. 2022 (41.62) to Dec. 2023 (39.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. Isetan Mitsukoshi Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 2.30.

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. Isetan Mitsukoshi Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.18.


Isetan Mitsukoshi Holdings Days Inventory Historical Data

The historical data trend for Isetan Mitsukoshi 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.

Isetan Mitsukoshi Holdings Days Inventory Chart

Isetan Mitsukoshi Holdings 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 21.23 20.26 22.13 57.66 46.69

Isetan Mitsukoshi Holdings 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 41.62 50.11 48.87 45.18 39.64

Competitive Comparison of Isetan Mitsukoshi Holdings's Days Inventory

For the Department Stores subindustry, Isetan Mitsukoshi 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.


Isetan Mitsukoshi Holdings's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Isetan Mitsukoshi Holdings's Days Inventory distribution charts can be found below:

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



Isetan Mitsukoshi Holdings Days Inventory Calculation

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

Isetan Mitsukoshi Holdings'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
=( (25404 + 25983) / 2 ) / 200857*365
=25693.5 / 200857*365
=46.69

Isetan Mitsukoshi Holdings'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
=( (26686 + 27749) / 2 ) / 62646*365 / 4
=27217.5 / 62646*365 / 4
=39.64

* 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.


Isetan Mitsukoshi Holdings  (TSE:3099) 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.

Isetan Mitsukoshi Holdings'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.

Isetan Mitsukoshi Holdings'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.


Isetan Mitsukoshi Holdings Days Inventory Related Terms

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


Isetan Mitsukoshi Holdings (TSE:3099) Business Description

Traded in Other Exchanges
Address
5-16-10 Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
Isetan Mitsukoshi Holdings Ltd. is a Japan-based holding company. It is engaged in the management planning and management of subsidiaries and group companies engaged in the department store and other businesses as well as the handling of all related operations. The company has three flagship Stores, The Isetan Shinjuku Main Store which gives life to art, music, and future entertainment, The Mitsukoshi Nihombashi Main Store creates art and culture that appeal to a new segment of customers, and The Mitsukoshi Ginza Store which has refined itself to serve the needs of a global clientele.

Isetan Mitsukoshi Holdings (TSE:3099) Headlines

No Headlines