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Park24 Co (TSE:4666) Days Inventory : 2.97 (As of Jan. 2024)


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What is Park24 Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Park24 Co's Average Total Inventories for the three months ended in Jan. 2024 was 円2,076 Mil. Park24 Co's Cost of Goods Sold for the three months ended in Jan. 2024 was 円63,718 Mil. Hence, Park24 Co's Days Inventory for the three months ended in Jan. 2024 was 2.97.

The historical rank and industry rank for Park24 Co's Days Inventory or its related term are showing as below:

TSE:4666' s Days Inventory Range Over the Past 10 Years
Min: 2.17   Med: 2.55   Max: 4.02
Current: 3.53

During the past 13 years, Park24 Co's highest Days Inventory was 4.02. The lowest was 2.17. And the median was 2.55.

TSE:4666's Days Inventory is ranked better than
88.96% of 1395 companies
in the Construction industry
Industry Median: 48.56 vs TSE:4666: 3.53

Park24 Co's Days Inventory declined from Jan. 2023 (4.04) to Jan. 2024 (2.97).

Inventory Turnover measures how fast the company turns over its inventory within a year. Park24 Co's Inventory Turnover for the three months ended in Jan. 2024 was 30.69.

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. Park24 Co's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.02.


Park24 Co Days Inventory Historical Data

The historical data trend for Park24 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.

Park24 Co Days Inventory Chart

Park24 Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.43 3.32 4.02 3.73 3.45

Park24 Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.04 4.21 3.89 3.18 2.97

Competitive Comparison of Park24 Co's Days Inventory

For the Infrastructure Operations subindustry, Park24 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.


Park24 Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Park24 Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Park24 Co's Days Inventory falls into.



Park24 Co Days Inventory Calculation

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

Park24 Co's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

Days Inventory (A: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (2497 + 2044) / 2 ) / 240497*365
=2270.5 / 240497*365
=3.45

Park24 Co's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (2044 + 2108) / 2 ) / 63718*365 / 4
=2076 / 63718*365 / 4
=2.97

* 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.


Park24 Co  (TSE:4666) 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.

Park24 Co's Inventory Turnover for the three months ended in Jan. 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.

Park24 Co's Inventory to Revenue for the three months ended in Jan. 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.


Park24 Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Park24 Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Park24 Co (TSE:4666) Business Description

Traded in Other Exchanges
Address
2-20-4 Nishigotanda, Shinagawa-ku, Tokyo, JPN, 141-8924
Park24 Co Ltd is a Japanese operator of parking facilities. The company is organised into two segments: parking business Japan, Parking Business International and mobility business. The parking business, which contributes the majority of revenue, operates fully-automated parking facilities and related services. The Parking business in international segment provides Parking facility management in overseas. The mobility business car rental services through the Times Car RENTAL brand, car sharing services through the Times Car PLUS brand, and related services. While Park 24 operates in Japan, Taiwan, and South Korea, the company earns the majority of revenue domestically.

Park24 Co (TSE:4666) Headlines

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