Edia Co (TSE:3935) Days Inventory : 35.07 (As of Nov. 2023)

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What is Edia Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Edia Co's Average Total Inventories for the three months ended in Nov. 2023 was 円132 Mil. Edia Co's Cost of Goods Sold for the three months ended in Nov. 2023 was 円342 Mil. Hence, Edia Co's Days Inventory for the three months ended in Nov. 2023 was 35.07.

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

TSE:3935' s Days Inventory Range Over the Past 10 Years
Min: 9.42 Med: 19.19 Max: 29.69
Current: 29.69

During the past 9 years, Edia Co's highest Days Inventory was 29.69. The lowest was 9.42. And the median was 19.19.

TSE:3935's Days Inventory is ranked worse than
59.17% of 240 companies
in the Interactive Media industry
Industry Median: 18.305 vs TSE:3935: 29.69

Edia Co's Days Inventory increased from Nov. 2022 (28.62) to Nov. 2023 (35.07). It might indicate that Edia Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Edia Co's Inventory Turnover for the three months ended in Nov. 2023 was 2.60.

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. Edia Co's Inventory-to-Revenue for the three months ended in Nov. 2023 was 0.17.

Edia Co Days Inventory Historical Data

The historical data trend for Edia 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.

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Edia Co Days Inventory Chart

Edia Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Inventory

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16.02

18.88

20.78

19.19

23.26

Edia Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Inventory	Get a 7-Day Free Trial															28.62	27.30	22.58	34.29	35.07

Competitive Comparison of Edia Co's Days Inventory

For the Electronic Gaming & Multimedia subindustry, Edia 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.

Edia Co's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Edia Co's Days Inventory distribution charts can be found below:

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

Edia Co Days Inventory Calculation

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

Edia Co's Days Inventory for the fiscal year that ended in Feb. 2023 is calculated as

	Days Inventory (A: Feb. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Feb. 2022 )	+	Total Inventories (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (53.42	+	89.411)	/	2 )	/	1120.898	*	365
=	71.4155					/	1120.898	*	365
=	23.26

Edia Co's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

	Days Inventory (Q: Nov. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (126.279	+	136.918)	/	2 )	/	342.45	*	365 / 4
=	131.5985					/	342.45	*	365 / 4
=	35.07

Edia Co (TSE:3935) 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.

Edia Co's Inventory Turnover for the three months ended in Nov. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	342.45	/	131.5985
	=	2.60

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.

Edia Co's Inventory to Revenue for the three months ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	131.5985	/	755.723
	=	0.17

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.

Edia Co Days Inventory Related Terms

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

Edia Co (TSE:3935) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Edia Co Ltd (TSE:3935) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hitotsubashi, Chiyoda-ku, 2-4-3 Hikaribun Kosan building, 7th Floor, Tokyo, JPN, 101-0003

Website

http://www.edia.co.jp

Edia Co Ltd is a specialized content provider. It is engaged in the planning, development, and management of game and digital contents for mobile. It provides solutions for mobile phones, smartphones, portable game machines, and portable navigation systems.

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