Workman Co (TSE:7564) Days Inventory : 81.56 (As of Dec. 2023)

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What is Workman Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Workman Co's Average Total Inventories for the three months ended in Dec. 2023 was 円22,804 Mil. Workman Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円25,513 Mil. Hence, Workman Co's Days Inventory for the three months ended in Dec. 2023 was 81.56.

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

TSE:7564' s Days Inventory Range Over the Past 10 Years
Min: 58.38 Med: 66.68 Max: 100.94
Current: 94.46

During the past 13 years, Workman Co's highest Days Inventory was 100.94. The lowest was 58.38. And the median was 66.68.

TSE:7564's Days Inventory is ranked better than
56.93% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs TSE:7564: 94.46

Workman Co's Days Inventory increased from Dec. 2022 (53.41) to Dec. 2023 (81.56). It might indicate that Workman Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Workman Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.12.

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. Workman Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.56.

Workman Co Days Inventory Historical Data

The historical data trend for Workman 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.

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Workman Co Days Inventory Chart

Workman Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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65.87

79.14

76.37

81.34

100.94

Workman 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															88.01	81.28	102.73	81.56	112.20

Competitive Comparison of Workman Co's Days Inventory

For the Apparel Retail subindustry, Workman 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.

Workman Co's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Workman Co's Days Inventory distribution charts can be found below:

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

Workman Co Days Inventory Calculation

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

Workman 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
=	( (21946	+	25298)	/	2 )	/	85419	*	365
=	23622					/	85419	*	365
=	100.94

Workman 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
=	( (26311	+	19296)	/	2 )	/	25513	*	365 / 4
=	22803.5					/	25513	*	365 / 4
=	81.56

Workman Co (TSE:7564) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	25513	/	22803.5
	=	1.12

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	22803.5	/	40583
	=	0.56

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.

Workman Co Days Inventory Related Terms

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

Workman Co (TSE:7564) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Workman Co Ltd (TSE:7564) » Definitions » Days Inventory

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Traded in Other Exchanges

WKISF:USA

Address

4-8-1 Higashi Ueno, Tixtower UENO, Taito-ku, Tokyo, JPN, 110 0015

Website

http://www.workman.co.jp

Workman Co Ltd is a Japan based company engaged in operating franchise stores and directly-operated stores providing working wear, casual wear, family clothing, footwear and working-related items. The company provides family clothing, including inner wears, socks, soldier socks, hats, towels and aprons; casual wear, including polo shirts, T-shirts, high neck shirts and blouses; working wear, including working jumpers, working pants, boiler suits and tobifuku; footwear, including safety shoes, safety sneakers, rubber-soled socks, boots and cloth shoes.

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