Cota Co (TSE:4923) Days Inventory : 142.34 (As of Dec. 2023)

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What is Cota Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cota Co's Average Total Inventories for the three months ended in Dec. 2023 was 円1,861 Mil. Cota Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,193 Mil. Hence, Cota Co's Days Inventory for the three months ended in Dec. 2023 was 142.34.

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

TSE:4923' s Days Inventory Range Over the Past 10 Years
Min: 121.26 Med: 137.69 Max: 239
Current: 239

During the past 13 years, Cota Co's highest Days Inventory was 239.00. The lowest was 121.26. And the median was 137.69.

TSE:4923's Days Inventory is ranked worse than
90.31% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.92 vs TSE:4923: 239.00

Cota Co's Days Inventory increased from Dec. 2022 (139.16) to Dec. 2023 (142.34). It might indicate that Cota Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cota Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.64.

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. Cota Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.48.

Cota Co Days Inventory Historical Data

The historical data trend for Cota 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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Cota Co Days Inventory Chart

Cota Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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138.56

167.73

181.23

178.81

214.59

Cota Co 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															139.16	267.08	358.42	362.61	142.34

Competitive Comparison of Cota Co's Days Inventory

For the Household & Personal Products subindustry, Cota 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.

Cota Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cota Co's Days Inventory distribution charts can be found below:

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

Cota Co Days Inventory Calculation

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

Cota Co'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
=	( (1296.748	+	1671.73)	/	2 )	/	2524.626	*	365
=	1484.239					/	2524.626	*	365
=	214.59

Cota Co'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
=	( (2072.037	+	1650.677)	/	2 )	/	1193.273	*	365 / 4
=	1861.357					/	1193.273	*	365 / 4
=	142.34

Cota Co (TSE:4923) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1193.273	/	1861.357
	=	0.64

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1861.357	/	3881.29
	=	0.48

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.

Cota Co Days Inventory Related Terms

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

Cota Co (TSE:4923) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cota Co Ltd (TSE:4923) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Shin-Arami Tai, Kumiyama Kuse-gun, Kyoto, JPN

Website

http://www.cota.co.jp

Cota Co., Ltd is engaged in manufacture and sale of cosmetic products for head hair for hairdressers and quasi drugs. The products of the company include kota eye care, cotacela spa, cotacera, and kota kurua.

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