The historical rank and industry rank for Fukuda Denshi Co's Days Inventory or its related term are showing as below:
TSE:6960'
s Days Inventory Range Over the Past 10 Years
Min: 54.2 Med: 59.12 Max: 103.63
Current: 103.63
During the past 13 years, Fukuda Denshi Co's highest Days Inventory was 103.63. The lowest was 54.20. And the median was 59.12.
TSE:6960's Days Inventory is ranked better than 82.37% of 777
companies
in the Medical Devices & Instruments industry
Industry Median: 190.88
vs TSE:6960: 103.63
Fukuda Denshi Co's Days Inventory
increased
from Dec. 2022 (108.32) to Dec. 2023 (113.01).
It might indicate that Fukuda Denshi Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Fukuda Denshi Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.81.
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.
Fukuda Denshi Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.60.
Fukuda Denshi Co Days Inventory Historical Data
The historical data trend for Fukuda Denshi 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.
Competitive Comparison of Fukuda Denshi Co's Days Inventory
For the Medical Devices subindustry, Fukuda Denshi 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.
Fukuda Denshi Co's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Fukuda Denshi Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Fukuda Denshi Co's Days Inventory falls into.
Fukuda Denshi Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Fukuda Denshi Co's Days Inventory for the fiscal year that ended in Mar. 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.
Fukuda Denshi Co (TSE:6960) 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.
Fukuda Denshi 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.
Fukuda Denshi 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.
Fukuda Denshi Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Fukuda Denshi Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Fukuda Denshi Co Ltd develops and manufactures medical electronic equipment. The firm operates in four segments: physiological diagnostic equipment, patient monitoring equipment, medical treatment equipment, and consumables and other products. The physiological diagnostic equipment business sells electrocardiographs, vascular screening systems, and blood cell counters. The patient monitoring equipment segment sells patient monitors and transmitters. The medical treatment equipment segment contributes the largest proportion of revenue and sells pacemakers and medical equipment for home treatment. The consumables and other products segment sells disposable electrodes and consumables used for the firm's devices. Fukuda Denshi generates the vast majority of its sales in Japan.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:6960 has been successfully added to your 