Riso Kagaku (TSE:6413) Days Inventory : 154.26 (As of Dec. 2023)

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What is Riso Kagaku Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Riso Kagaku's Average Total Inventories for the three months ended in Dec. 2023 was 円12,142 Mil. Riso Kagaku's Cost of Goods Sold for the three months ended in Dec. 2023 was 円7,182 Mil. Hence, Riso Kagaku's Days Inventory for the three months ended in Dec. 2023 was 154.26.

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

TSE:6413' s Days Inventory Range Over the Past 10 Years
Min: 116.72 Med: 124 Max: 143.2
Current: 143.2

During the past 13 years, Riso Kagaku's highest Days Inventory was 143.20. The lowest was 116.72. And the median was 124.00.

TSE:6413's Days Inventory is ranked worse than
66.03% of 2408 companies
in the Hardware industry
Industry Median: 102.555 vs TSE:6413: 143.20

Riso Kagaku's Days Inventory declined from Dec. 2022 (158.23) to Dec. 2023 (154.26).

Inventory Turnover measures how fast the company turns over its inventory within a year. Riso Kagaku's Inventory Turnover for the three months ended in Dec. 2023 was 0.59.

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. Riso Kagaku's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.67.

Riso Kagaku Days Inventory Historical Data

The historical data trend for Riso Kagaku'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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Riso Kagaku Days Inventory Chart

Riso Kagaku Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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120.37

122.61

131.27

134.24

131.08

Riso Kagaku 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															158.23	120.03	163.42	139.75	154.26

Competitive Comparison of Riso Kagaku's Days Inventory

For the Computer Hardware subindustry, Riso Kagaku'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.

Riso Kagaku's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Riso Kagaku's Days Inventory distribution charts can be found below:

* The bar in red indicates where Riso Kagaku's Days Inventory falls into.

Riso Kagaku Days Inventory Calculation

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

Riso Kagaku'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
=	( (11534	+	11874)	/	2 )	/	32590	*	365
=	11704					/	32590	*	365
=	131.08

Riso Kagaku'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
=	( (11904	+	12379)	/	2 )	/	7182	*	365 / 4
=	12141.5					/	7182	*	365 / 4
=	154.26

Riso Kagaku (TSE:6413) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7182	/	12141.5
	=	0.59

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12141.5	/	18118
	=	0.67

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.

Riso Kagaku Days Inventory Related Terms

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

Riso Kagaku (TSE:6413) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Riso Kagaku Corp (TSE:6413) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-34-7 Shiba, Minato-ku, Tokyo, JPN, 108-8385

Website

http://www.riso.co.jp

Riso Kagaku Corp is a Japan-based manufacturer of printer-duplicators, printers, and printing products. The firm developed oil-based pigment ink, Orphis Ink, which is used by the firm's printers. The ink has a stable composition and high water resistance, making it suitable for high-speed printing. Riso has three manufacturing facilities in Japan and a worldwide distribution network. More than half of the firm's revenue is generated in Japan, with the rest coming from countries in the Americas, Europe, and Asia.

Riso Kagaku (TSE:6413) Headlines

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