Sanyo Special Steel Co (TSE:5481) Days Inventory : 148.80 (As of Dec. 2023)

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What is Sanyo Special Steel Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sanyo Special Steel Co's Average Total Inventories for the three months ended in Dec. 2023 was 円118,290 Mil. Sanyo Special Steel Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円72,542 Mil. Hence, Sanyo Special Steel Co's Days Inventory for the three months ended in Dec. 2023 was 148.80.

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

TSE:5481' s Days Inventory Range Over the Past 10 Years
Min: 112.26 Med: 130.28 Max: 168.02
Current: 146.03

During the past 13 years, Sanyo Special Steel Co's highest Days Inventory was 168.02. The lowest was 112.26. And the median was 130.28.

TSE:5481's Days Inventory is ranked worse than
78.78% of 575 companies
in the Steel industry
Industry Median: 86.14 vs TSE:5481: 146.03

Sanyo Special Steel Co's Days Inventory increased from Dec. 2022 (142.04) to Dec. 2023 (148.80). It might indicate that Sanyo Special Steel Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sanyo Special Steel Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.61.

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. Sanyo Special Steel Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.41.

Sanyo Special Steel Co Days Inventory Historical Data

The historical data trend for Sanyo Special Steel 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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Sanyo Special Steel Co Days Inventory Chart

Sanyo Special Steel Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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137.80

147.37

112.26

135.00

148.46

Sanyo Special Steel Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															143.72	136.45	148.70	148.80	149.15

Competitive Comparison of Sanyo Special Steel Co's Days Inventory

For the Steel subindustry, Sanyo Special Steel 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.

Sanyo Special Steel Co's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sanyo Special Steel Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sanyo Special Steel Co's Days Inventory falls into.

Sanyo Special Steel Co Days Inventory Calculation

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

Sanyo Special Steel Co's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (128228	+	119157)	/	2 )	/	304101	*	365
=	123692.5					/	304101	*	365
=	148.46

Sanyo Special Steel 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
=	( (118728	+	117852)	/	2 )	/	72542	*	365 / 4
=	118290					/	72542	*	365 / 4
=	148.80

Sanyo Special Steel Co (TSE:5481) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	72542	/	118290
	=	0.61

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	118290	/	83712
	=	1.41

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.

Sanyo Special Steel Co Days Inventory Related Terms

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

Sanyo Special Steel Co (TSE:5481) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sanyo Special Steel Co Ltd (TSE:5481) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

3007 Nakashima, Shikama-Ku, Himeji, Hyogo-ken, JPN, 672-8677

Website

http://www.sanyo-steel.co.jp

Sanyo Special Steel Co Ltd is a Japan-based company that primarily operates through three segments. Its specialty steel segment manufactures and sells various special steel products including bearing steel, engineering steel, stainless steel, heat resistant steel and tool steel. The company's special materials segment manufactures and sells heat-/corrosion-resistant alloys and powder metallurgy products, among others. The formed and fabricated materials segment manufactures high-quality formed and fabricated materials. The company's products are used in automobiles, industrial machinery, railways, and wind-power generation equipment. Japan and Asia excluding Japan are the company's top two markets, jointly accounting for the majority of the company's sales.

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