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United Arrows (TSE:7606) Days Inventory : 119.82 (As of Dec. 2023)


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What is United Arrows Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). United Arrows's Average Total Inventories for the three months ended in Dec. 2023 was 円23,774 Mil. United Arrows's Cost of Goods Sold for the three months ended in Dec. 2023 was 円18,105 Mil. Hence, United Arrows's Days Inventory for the three months ended in Dec. 2023 was 119.82.

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

TSE:7606' s Days Inventory Range Over the Past 10 Years
Min: 115.14   Med: 124.65   Max: 130.97
Current: 126.49

During the past 13 years, United Arrows's highest Days Inventory was 130.97. The lowest was 115.14. And the median was 124.65.

TSE:7606's Days Inventory is ranked worse than
55.9% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs TSE:7606: 126.49

United Arrows's Days Inventory increased from Dec. 2022 (119.33) to Dec. 2023 (119.82). It might indicate that United Arrows's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. United Arrows's Inventory Turnover for the three months ended in Dec. 2023 was 0.76.

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. United Arrows's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.61.


United Arrows Days Inventory Historical Data

The historical data trend for United Arrows'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.

United Arrows Days Inventory Chart

United Arrows 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 117.76 124.77 130.97 124.53 119.39

United Arrows 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 119.33 114.86 129.25 141.44 119.82

Competitive Comparison of United Arrows's Days Inventory

For the Apparel Retail subindustry, United Arrows'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.


United Arrows's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where United Arrows's Days Inventory falls into.



United Arrows Days Inventory Calculation

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

United Arrows'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
=( (20546 + 20639) / 2 ) / 62957*365
=20592.5 / 62957*365
=119.39

United Arrows'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
=( (24715 + 22833) / 2 ) / 18105*365 / 4
=23774 / 18105*365 / 4
=119.82

* 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.


United Arrows  (TSE:7606) 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.

United Arrows'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.

United Arrows'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.


United Arrows Days Inventory Related Terms

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


United Arrows (TSE:7606) Business Description

Traded in Other Exchanges
N/A
Address
8-1-19 Akasaka, Minato-ku, Nihonseimei Akasaka Building, Tokyo, JPN, 107-0052
United Arrows Ltd operates retail stores that primarily sell clothing, shoes, and accessories. Almost all the company's stores are located in Japan. United Arrows also has substantial online sales. The company's stores operate under many different brand names and sell both designer and private-label brands, which they procure both in Japan and internationally. United Arrows' biggest brands include United Arrows, Beauty and Youth, Green Label Relaxing, Chrome Hearts, Odette e Odile, Another Edition, and Jewel Changes.

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