Days Inventory is also known as Days Sales of Inventory (DSI). Tadano's Average Total Inventories for the
three
months ended in Mar. 2024 was 円131,581 Mil. Tadano's Cost of Goods Sold for the
three
months ended in Mar. 2024 was 円42,141 Mil.
Hence, Tadano's Days Inventory for the
three
months ended in Mar. 2024 was 284.92.
The historical rank and industry rank for Tadano's Days Inventory or its related term are showing as below:
TSE:6395'
s Days Inventory Range Over the Past 10 Years
Min: 123.19 Med: 153.73 Max: 229.9
Current: 229.9
During the past 13 years, Tadano's highest Days Inventory was 229.90. The lowest was 123.19. And the median was 153.73.
TSE:6395's Days Inventory is ranked worse than 80.88% of 204
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 131.845
vs TSE:6395: 229.90
Tadano's Days Inventory
increased
from Mar. 2023 (226.43) to Mar. 2024 (284.92).
It might indicate that Tadano's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Tadano's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.32.
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.
Tadano's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 2.11.
Tadano Days Inventory Historical Data
The historical data trend for Tadano'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.
For the Farm & Heavy Construction Machinery subindustry, Tadano'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.
Tadano's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Tadano's Days Inventory distribution charts can be found below:
* The bar in red indicates where Tadano's Days Inventory falls into.
Tadano Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Tadano's Days Inventory for the fiscal year that ended in Mar. 2022 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.
Tadano (TSE:6395) 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.
Tadano'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.
Tadano'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.
Tadano Days Inventory Related Terms
Thank you for viewing the detailed overview of Tadano's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Tadano Ltd manufactures cranes, aerial work platforms, and other components. Mobile cranes account for majority of sales, but the company has diversified into truck cranes, loader cranes, and other special purpose vehicles. Its equipment is built for various terrains with multiple steering and acceleration controls. Tadano has three reportable segments: Japan (majority of total revenue), Europe, and Americas. Its research and development division looks to utilize innovative and cutting-edge technologies for both domestic and overseas markets. The company offers used equipment and various cylinders to help meet urgent demand. A wide range of experienced and trained technicians help customize components for the operating machines.
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