The historical rank and industry rank for Toyo Engineering's Days Inventory or its related term are showing as below:
TSE:6330'
s Days Inventory Range Over the Past 10 Years
Min: 32.36 Med: 42.04 Max: 59.75
Current: 36.59
During the past 13 years, Toyo Engineering's highest Days Inventory was 59.75. The lowest was 32.36. And the median was 42.04.
TSE:6330's Days Inventory is ranked better than 56.13% of 1395
companies
in the Construction industry
Industry Median: 48.55
vs TSE:6330: 36.59
Toyo Engineering's Days Inventory
declined
from Dec. 2022 (50.97) to Dec. 2023 (36.08).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Toyo Engineering's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.53.
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.
Toyo Engineering's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.35.
Toyo Engineering Days Inventory Historical Data
The historical data trend for Toyo Engineering'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.
Competitive Comparison of Toyo Engineering's Days Inventory
For the Engineering & Construction subindustry, Toyo Engineering'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.
Toyo Engineering's Days Inventory Distribution in the Construction Industry
For the Construction industry and Industrials sector, Toyo Engineering's Days Inventory distribution charts can be found below:
* The bar in red indicates where Toyo Engineering's Days Inventory falls into.
Toyo Engineering Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Toyo Engineering's Days Inventory for the fiscal year that 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.
Toyo Engineering (TSE:6330) 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.
Toyo Engineering's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Toyo Engineering's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Toyo Engineering Days Inventory Related Terms
Thank you for viewing the detailed overview of Toyo Engineering's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Toyo Engineering provides engineering and construction services for industrial facilities. It designs, procures materials, builds, and offers technical assistance for oil and gas, petrochemicals, water treatment, transportation, power generation, and other industrial markets. Project management skills partnered with technological solutions allow the company to offer customized solutions and manufacture various power plants and infrastructure projects. Toyo operates three business groups: engineering, procurement, and construction (the majority of total revenue); IT; and real estate. A global network of employees gathers data from customers, and company locations are spread across Asia, North America, and South America to collect regional information.
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