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SecondXight Analytica (TSE:5028) Days Inventory : 0.30 (As of Mar. 2024)


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What is SecondXight Analytica Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SecondXight Analytica's Average Total Inventories for the three months ended in Mar. 2024 was 円0.4 Mil. SecondXight Analytica's Cost of Goods Sold for the three months ended in Mar. 2024 was 円122.1 Mil. Hence, SecondXight Analytica's Days Inventory for the three months ended in Mar. 2024 was 0.30.

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

TSE:5028' s Days Inventory Range Over the Past 10 Years
Min: 0.68   Med: 12.01   Max: 22.38
Current: 0.68

During the past 3 years, SecondXight Analytica's highest Days Inventory was 22.38. The lowest was 0.68. And the median was 12.01.

TSE:5028's Days Inventory is ranked better than
90.47% of 1563 companies
in the Software industry
Industry Median: 18.88 vs TSE:5028: 0.68

SecondXight Analytica's Days Inventory declined from Mar. 2023 (4.09) to Mar. 2024 (0.30).

Inventory Turnover measures how fast the company turns over its inventory within a year. SecondXight Analytica's Inventory Turnover for the three months ended in Mar. 2024 was 307.63.

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. SecondXight Analytica's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


SecondXight Analytica Days Inventory Historical Data

The historical data trend for SecondXight Analytica'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.

SecondXight Analytica Days Inventory Chart

SecondXight Analytica Annual Data
Trend Mar20 Mar21 Mar22
Days Inventory
22.38 12.01 3.58

SecondXight Analytica Quarterly Data
Mar20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.09 0.66 1.07 1.14 0.30

Competitive Comparison of SecondXight Analytica's Days Inventory

For the Software - Infrastructure subindustry, SecondXight Analytica'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.


SecondXight Analytica's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, SecondXight Analytica's Days Inventory distribution charts can be found below:

* The bar in red indicates where SecondXight Analytica's Days Inventory falls into.



SecondXight Analytica Days Inventory Calculation

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

SecondXight Analytica's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

Days Inventory (A: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count ) / Cost of Goods Sold (A: Mar. 2022 )*Days in Period
=( (5.239 + 0.097) / 2 ) / 272.349*365
=2.668 / 272.349*365
=3.58

SecondXight Analytica's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0.397) / 1 ) / 122.131*365 / 4
=0.397 / 122.131*365 / 4
=0.30

* 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.


SecondXight Analytica  (TSE:5028) 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.

SecondXight Analytica's Inventory Turnover for the three months ended in Mar. 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.

SecondXight Analytica's Inventory to Revenue for the three months ended in Mar. 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.


SecondXight Analytica Days Inventory Related Terms

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


SecondXight Analytica (TSE:5028) Business Description

Traded in Other Exchanges
N/A
Address
3-2-11 Nihonbashihoncho, Imon Nihonbashihoncho Building 4th Floor, Chuo-ku, Tokyo, JPN, 103-0023
SecondXight Analytica Inc is engaged in providing analytics consulting services and artificial intelligence products based on machine learning and deep learning.

SecondXight Analytica (TSE:5028) Headlines

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