WDB coco Co (TSE:7079) Days Inventory : 0.47 (As of Dec. 2023)

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What is WDB coco Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). WDB coco Co's Average Total Inventories for the three months ended in Dec. 2023 was 円4 Mil. WDB coco Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円685 Mil. Hence, WDB coco Co's Days Inventory for the three months ended in Dec. 2023 was 0.47.

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

TSE:7079' s Days Inventory Range Over the Past 10 Years
Min: 0.41 Med: 2.12 Max: 5.22
Current: 0.41

During the past 6 years, WDB coco Co's highest Days Inventory was 5.22. The lowest was 0.41. And the median was 2.12.

TSE:7079's Days Inventory is ranked better than
98.28% of 466 companies
in the Healthcare Providers & Services industry
Industry Median: 31.825 vs TSE:7079: 0.41

WDB coco Co's Days Inventory declined from Dec. 2022 (3.59) to Dec. 2023 (0.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. WDB coco Co's Inventory Turnover for the three months ended in Dec. 2023 was 192.34.

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. WDB coco Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

WDB coco Co Days Inventory Historical Data

The historical data trend for WDB coco 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.

WDB coco Co Days Inventory Chart

WDB coco Co Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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5.22

2.96

2.12

1.50

0.45

WDB coco Co Quarterly Data
	Mar18	Mar19	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															3.59	0.23	0.33	0.55	0.47

Competitive Comparison of WDB coco Co's Days Inventory

For the Health Information Services subindustry, WDB coco 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.

WDB coco Co's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, WDB coco Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where WDB coco Co's Days Inventory falls into.

WDB coco Co Days Inventory Calculation

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

WDB coco Co'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
=	( (4.486	+	1.645)	/	2 )	/	2481.377	*	365
=	3.0655					/	2481.377	*	365
=	0.45

WDB coco 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
=	( (4.66	+	2.462)	/	2 )	/	684.923	*	365 / 4
=	3.561					/	684.923	*	365 / 4
=	0.47

WDB coco Co (TSE:7079) 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.

WDB coco Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	684.923	/	3.561
	=	192.34

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.

WDB coco Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.561	/	1208.565
	=	0.00

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.

WDB coco Co Days Inventory Related Terms

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

WDB coco Co (TSE:7079) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » WDB coco Co Ltd (TSE:7079) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-8-11 Harumi, Chuo-ku, Triton Square Y 27th Floor, Tokyo, JPN, 104-6127

Website

https://www.wdbcoco.com

WDB coco Co Ltd is a provider of safety information management for the development of pharmaceuticals and medical devices. Its services include business related to safety information management, preparation of materials related to regulatory application, QC related work, PMS facility contract support related work, clinical research support / monitoring, and temporary staffing. The company provides Contract Research Organization services for all new drug developments such as monitoring, safety information, data management and statistical analysis. It provides support for the development of generic drugs such as bioequivalence studies and biosimilars, clinical research and physician-led clinical trials.

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