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TRaaS On Product (TSE:6696) Days Inventory : 46.42 (As of Jan. 2024)


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What is TRaaS On Product Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TRaaS On Product's Average Total Inventories for the three months ended in Jan. 2024 was 円25.3 Mil. TRaaS On Product's Cost of Goods Sold for the three months ended in Jan. 2024 was 円49.7 Mil. Hence, TRaaS On Product's Days Inventory for the three months ended in Jan. 2024 was 46.42.

The historical rank and industry rank for TRaaS On Product's Days Inventory or its related term are showing as below:

TSE:6696' s Days Inventory Range Over the Past 10 Years
Min: 38.73   Med: 47.77   Max: 70.8
Current: 67.73

During the past 9 years, TRaaS On Product's highest Days Inventory was 70.80. The lowest was 38.73. And the median was 47.77.

TSE:6696's Days Inventory is ranked better than
70.97% of 2408 companies
in the Hardware industry
Industry Median: 101.86 vs TSE:6696: 67.73

TRaaS On Product's Days Inventory increased from Jan. 2023 (43.58) to Jan. 2024 (46.42). It might indicate that TRaaS On Product's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. TRaaS On Product's Inventory Turnover for the three months ended in Jan. 2024 was 1.97.

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. TRaaS On Product's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.22.


TRaaS On Product Days Inventory Historical Data

The historical data trend for TRaaS On Product'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.

TRaaS On Product Days Inventory Chart

TRaaS On Product Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 61.37 68.92 38.99 54.63 70.80

TRaaS On Product Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.58 77.93 87.17 70.35 46.42

Competitive Comparison of TRaaS On Product's Days Inventory

For the Communication Equipment subindustry, TRaaS On Product'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.


TRaaS On Product's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TRaaS On Product's Days Inventory distribution charts can be found below:

* The bar in red indicates where TRaaS On Product's Days Inventory falls into.



TRaaS On Product Days Inventory Calculation

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

TRaaS On Product's Days Inventory for the fiscal year that ended in Jan. 2024 is calculated as

Days Inventory (A: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (27.866 + 26.888) / 2 ) / 141.133*365
=27.377 / 141.133*365
=70.80

TRaaS On Product's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (23.694 + 26.888) / 2 ) / 49.718*365 / 4
=25.291 / 49.718*365 / 4
=46.42

* 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.


TRaaS On Product  (TSE:6696) 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.

TRaaS On Product's Inventory Turnover for the three months ended in Jan. 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.

TRaaS On Product's Inventory to Revenue for the three months ended in Jan. 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.


TRaaS On Product Days Inventory Related Terms

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


TRaaS On Product (TSE:6696) Business Description

Traded in Other Exchanges
N/A
Address
2-9-30 Kitasaiwai, Nishi Ward, Yokohama Nishiguchi Kato Building2nd floor, Kanagawa Prefecture, Yokohama, JPN, 220-0004
TRaaS On Product Inc is engaged in telecommunications, followed by the IT revolution, and manufacturing in which the subject of value shifted to something different.

TRaaS On Product (TSE:6696) Headlines

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