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Japan Electronic Materials (TSE:6855) Days Inventory : 118.09 (As of Dec. 2023)


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What is Japan Electronic Materials Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Japan Electronic Materials's Average Total Inventories for the three months ended in Dec. 2023 was 円3,831 Mil. Japan Electronic Materials's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,960 Mil. Hence, Japan Electronic Materials's Days Inventory for the three months ended in Dec. 2023 was 118.09.

The historical rank and industry rank for Japan Electronic Materials's Days Inventory or its related term are showing as below:

TSE:6855' s Days Inventory Range Over the Past 10 Years
Min: 66.41   Med: 83.14   Max: 114.31
Current: 114.31

During the past 13 years, Japan Electronic Materials's highest Days Inventory was 114.31. The lowest was 66.41. And the median was 83.14.

TSE:6855's Days Inventory is ranked better than
56.2% of 943 companies
in the Semiconductors industry
Industry Median: 130.22 vs TSE:6855: 114.31

Japan Electronic Materials's Days Inventory increased from Dec. 2022 (99.77) to Dec. 2023 (118.09). It might indicate that Japan Electronic Materials's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Japan Electronic Materials's Inventory Turnover for the three months ended in Dec. 2023 was 0.77.

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. Japan Electronic Materials's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.96.


Japan Electronic Materials Days Inventory Historical Data

The historical data trend for Japan Electronic Materials'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.

Japan Electronic Materials Days Inventory Chart

Japan Electronic Materials Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.97 94.46 92.86 80.99 97.92

Japan Electronic Materials 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 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 99.77 103.54 119.77 110.00 118.09

Competitive Comparison of Japan Electronic Materials's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Japan Electronic Materials'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.


Japan Electronic Materials's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Japan Electronic Materials's Days Inventory distribution charts can be found below:

* The bar in red indicates where Japan Electronic Materials's Days Inventory falls into.



Japan Electronic Materials Days Inventory Calculation

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

Japan Electronic Materials'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
=( (3435 + 3751) / 2 ) / 13393*365
=3593 / 13393*365
=97.92

Japan Electronic Materials'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
=( (3718 + 3943) / 2 ) / 2960*365 / 4
=3830.5 / 2960*365 / 4
=118.09

* 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.


Japan Electronic Materials  (TSE:6855) 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.

Japan Electronic Materials'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.

Japan Electronic Materials'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.


Japan Electronic Materials Days Inventory Related Terms

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


Japan Electronic Materials (TSE:6855) Business Description

Traded in Other Exchanges
N/A
Address
2-5-13, Nishinagasucyo, Amagasaki City, Hyogo Prefecture, JPN
Japan Electronic Materials Corp is engaged in the development, manufacture and sale of semiconductor testing components and electron tubes components in Japan. It sells and maintains probe cards needle dressers and cleaning sheet products.

Japan Electronic Materials (TSE:6855) Headlines

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