Takadakiko (Steel Construction) Co (TSE:5923) Days Inventory : 2.46 (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

What is Takadakiko (Steel Construction) Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Takadakiko (Steel Construction) Co's Average Total Inventories for the three months ended in Dec. 2023 was 円126 Mil. Takadakiko (Steel Construction) Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円4,696 Mil. Hence, Takadakiko (Steel Construction) Co's Days Inventory for the three months ended in Dec. 2023 was 2.46.

The historical rank and industry rank for Takadakiko (Steel Construction) Co's Days Inventory or its related term are showing as below:

TSE:5923' s Days Inventory Range Over the Past 10 Years
Min: 2.26 Med: 9.02 Max: 13.4
Current: 2.6

During the past 13 years, Takadakiko (Steel Construction) Co's highest Days Inventory was 13.40. The lowest was 2.26. And the median was 9.02.

TSE:5923's Days Inventory is ranked better than
90.68% of 1395 companies
in the Construction industry
Industry Median: 48.75 vs TSE:5923: 2.60

Takadakiko (Steel Construction) Co's Days Inventory increased from Dec. 2022 (2.44) to Dec. 2023 (2.46). It might indicate that Takadakiko (Steel Construction) Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Takadakiko (Steel Construction) Co's Inventory Turnover for the three months ended in Dec. 2023 was 37.13.

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. Takadakiko (Steel Construction) Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.

Takadakiko (Steel Construction) Co Days Inventory Historical Data

The historical data trend for Takadakiko (Steel Construction) 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.

Takadakiko (Steel Construction) Co Days Inventory Chart

Takadakiko (Steel Construction) Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

10.81

13.40

12.69

8.23

2.26

Takadakiko (Steel Construction) 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															2.44	1.74	3.23	3.42	2.46

Competitive Comparison of Takadakiko (Steel Construction) Co's Days Inventory

For the Engineering & Construction subindustry, Takadakiko (Steel Construction) 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.

Takadakiko (Steel Construction) Co's Days Inventory Distribution in the Construction Industry

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

* The bar in red indicates where Takadakiko (Steel Construction) Co's Days Inventory falls into.

Takadakiko (Steel Construction) Co Days Inventory Calculation

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

Takadakiko (Steel Construction) 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
=	( (93.036	+	83.024)	/	2 )	/	14219.143	*	365
=	88.03					/	14219.143	*	365
=	2.26

Takadakiko (Steel Construction) 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
=	( (121.472	+	131.483)	/	2 )	/	4696.326	*	365 / 4
=	126.4775					/	4696.326	*	365 / 4
=	2.46

Takadakiko (Steel Construction) Co (TSE:5923) 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.

Takadakiko (Steel Construction) Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4696.326	/	126.4775
	=	37.13

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.

Takadakiko (Steel Construction) Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	126.4775	/	5137.207
	=	0.02

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.

Takadakiko (Steel Construction) Co Days Inventory Related Terms

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

Takadakiko (Steel Construction) Co (TSE:5923) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Takadakiko (Steel Construction) Co Ltd (TSE:5923) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

10-70 Nanbanaka, 2-Chome, Naniwa-Ku, Osaka, JPN, 556-0011

Website

http://www.takadakiko.com

Takada Kiko Co Ltd is engaged in the designing, manufacturing, and installation of steel bridges, building construction, school gymnasiums, and installation work on upper part of steel bridge, pavement, work, signs, and protective fences.

Takadakiko (Steel Construction) Co (TSE:5923) Headlines

No Headlines