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Saftec Co (TSE:7464) Days Inventory : 93.66 (As of Dec. 2023)


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What is Saftec Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Saftec Co's Average Total Inventories for the three months ended in Dec. 2023 was 円1,512 Mil. Saftec Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,473 Mil. Hence, Saftec Co's Days Inventory for the three months ended in Dec. 2023 was 93.66.

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

TSE:7464' s Days Inventory Range Over the Past 10 Years
Min: 75.85   Med: 86.5   Max: 105.86
Current: 105.64

During the past 13 years, Saftec Co's highest Days Inventory was 105.86. The lowest was 75.85. And the median was 86.50.

TSE:7464's Days Inventory is ranked worse than
74.93% of 682 companies
in the Business Services industry
Industry Median: 29.735 vs TSE:7464: 105.64

Saftec Co's Days Inventory declined from Dec. 2022 (99.61) to Dec. 2023 (93.66).

Inventory Turnover measures how fast the company turns over its inventory within a year. Saftec Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.97.

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. Saftec Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.53.


Saftec Co Days Inventory Historical Data

The historical data trend for Saftec 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.

Saftec Co Days Inventory Chart

Saftec Co 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 87.61 88.36 89.09 92.69 105.86

Saftec Co 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 99.61 122.59 106.10 105.21 93.66

Competitive Comparison of Saftec Co's Days Inventory

For the Security & Protection Services subindustry, Saftec 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.


Saftec Co's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Saftec Co's Days Inventory distribution charts can be found below:

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



Saftec Co Days Inventory Calculation

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

Saftec 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
=( (1380.349 + 1543.569) / 2 ) / 5040.894*365
=1461.959 / 5040.894*365
=105.86

Saftec 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
=( (1517.67 + 1507.127) / 2 ) / 1473.448*365 / 4
=1512.3985 / 1473.448*365 / 4
=93.66

* 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.


Saftec Co  (TSE:7464) 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.

Saftec 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.

Saftec 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.


Saftec Co Days Inventory Related Terms

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


Saftec Co (TSE:7464) Business Description

Traded in Other Exchanges
N/A
Address
5-25-14 Hongo, Bunkyo-ku, Tokyo Hongo TH Building, Tokyo, JPN, 113-0033
Saftec Co Ltd is engaged in manufacturing and sales of red warning light supply contract and warning light, contracting and construction of road sign installation work. It also manufactures and sale of various security tools, Road lane marking construction work construction, Lease, repair, and maintenance of various security tools.

Saftec Co (TSE:7464) Headlines

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