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Stanley Electric Co (TSE:6923) Days Inventory : 49.18 (As of Dec. 2023)


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What is Stanley Electric Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Stanley Electric Co's Average Total Inventories for the three months ended in Dec. 2023 was 円55,777 Mil. Stanley Electric Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円103,481 Mil. Hence, Stanley Electric Co's Days Inventory for the three months ended in Dec. 2023 was 49.18.

The historical rank and industry rank for Stanley Electric Co's Days Inventory or its related term are showing as below:

TSE:6923' s Days Inventory Range Over the Past 10 Years
Min: 30.42   Med: 40.12   Max: 50.05
Current: 50.05

During the past 13 years, Stanley Electric Co's highest Days Inventory was 50.05. The lowest was 30.42. And the median was 40.12.

TSE:6923's Days Inventory is ranked better than
75.99% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 81.295 vs TSE:6923: 50.05

Stanley Electric Co's Days Inventory declined from Dec. 2022 (51.44) to Dec. 2023 (49.18).

Inventory Turnover measures how fast the company turns over its inventory within a year. Stanley Electric Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.86.

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. Stanley Electric Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.43.


Stanley Electric Co Days Inventory Historical Data

The historical data trend for Stanley Electric Co'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.

Stanley Electric Co Days Inventory Chart

Stanley Electric Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.80 42.34 48.90 48.90 47.67

Stanley Electric Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 48.59 47.26 54.68 49.18 51.71

Competitive Comparison of Stanley Electric Co's Days Inventory

For the Auto Parts subindustry, Stanley Electric Co'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.


Stanley Electric Co's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Stanley Electric Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Stanley Electric Co's Days Inventory falls into.



Stanley Electric Co Days Inventory Calculation

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

Stanley Electric Co's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (46226 + 55521) / 2 ) / 389507*365
=50873.5 / 389507*365
=47.67

Stanley Electric Co'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
=( (56482 + 55072) / 2 ) / 103481*365 / 4
=55777 / 103481*365 / 4
=49.18

* 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.


Stanley Electric Co  (TSE:6923) 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.

Stanley Electric Co'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.

Stanley Electric Co'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.


Stanley Electric Co Days Inventory Related Terms

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


Stanley Electric Co (TSE:6923) Business Description

Traded in Other Exchanges
Address
2-9-13 Nakameguro, Meguro-ku, Tokyo, JPN, 153-8636
Stanley Electric Co Ltd makes LED lighting products and operates under three business segments: automotive equipment, electronic components, and applied electronic products. In its automotive equipment business, Stanley Electric produces and sells LED and HID headlamps, rear combination lamps, fog lamps, and automotive and LED bulbs. This business segment generates the lion's share of sales. In its other segments, Stanley Electric makes LEDs, infrared LED lamps, optical sensors, LCDs, subminiature lamps, backlight units for LCDs, flash units for cameras, and operation panels. The largest end markets include Japan, China and Asia-Pacific, and the Americas.

Stanley Electric Co (TSE:6923) Headlines

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