Autoserver Co (TSE:5589) Days Inventory : 0.51 (As of Dec. 2023)

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What is Autoserver Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Autoserver Co's Average Total Inventories for the three months ended in Dec. 2023 was 円2 Mil. Autoserver Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円400 Mil. Hence, Autoserver Co's Days Inventory for the three months ended in Dec. 2023 was 0.51.

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

TSE:5589' s Days Inventory Range Over the Past 10 Years
Min: 0.24 Med: 0.25 Max: 0.84
Current: 0.84

During the past 3 years, Autoserver Co's highest Days Inventory was 0.84. The lowest was 0.24. And the median was 0.25.

TSE:5589's Days Inventory is ranked better than
99.6% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 81.39 vs TSE:5589: 0.84

Autoserver Co's Days Inventory increased from Dec. 2021 (0.00) to Dec. 2023 (0.51). It might indicate that Autoserver Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Autoserver Co's Inventory Turnover for the three months ended in Dec. 2023 was 178.80.

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. Autoserver Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Autoserver Co Days Inventory Historical Data

The historical data trend for Autoserver 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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Autoserver Co Days Inventory Chart

Autoserver Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

0.25

0.24

0.45

Autoserver Co Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Dec23
Days Inventory	-	-	-	0.37	0.51

Competitive Comparison of Autoserver Co's Days Inventory

For the Auto & Truck Dealerships subindustry, Autoserver 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.

Autoserver Co's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autoserver Co's Days Inventory distribution charts can be found below:

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

Autoserver Co Days Inventory Calculation

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

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

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.867	+	3.268)	/	2 )	/	1671.076	*	365
=	2.0675					/	1671.076	*	365
=	0.45

Autoserver 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
=	( (1.205	+	3.268)	/	2 )	/	399.891	*	365 / 4
=	2.2365					/	399.891	*	365 / 4
=	0.51

Autoserver Co (TSE:5589) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	399.891	/	2.2365
	=	178.80

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.2365	/	1419.303
	=	0.00

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.

Autoserver Co Days Inventory Related Terms

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

Autoserver Co (TSE:5589) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autoserver Co Ltd (TSE:5589) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-8-8 Harumi, Triton Square Office Tower W Building 14th floor, Chuo-ku, Tokyo, JPN, 104-0053

Website

https://www.autoserver.co.jp

Autoserver Co Ltd is engaged in used car auction agency service and brokerage service for used car dealers on the website. The used car distribution platform ASNET operated by the company is a used car distribution web service that can be used by used car dealers and automobile-related businesses with no membership fee or monthly membership fee.

Autoserver Co (TSE:5589) Headlines

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