RIKEN KEIKI Co (TSE:7734) Days Inventory : 288.43 (As of Dec. 2023)

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What is RIKEN KEIKI Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). RIKEN KEIKI Co's Average Total Inventories for the three months ended in Dec. 2023 was 円18,362 Mil. RIKEN KEIKI Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円5,809 Mil. Hence, RIKEN KEIKI Co's Days Inventory for the three months ended in Dec. 2023 was 288.43.

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

TSE:7734' s Days Inventory Range Over the Past 10 Years
Min: 80.82 Med: 98.6 Max: 251.49
Current: 251.49

During the past 13 years, RIKEN KEIKI Co's highest Days Inventory was 251.49. The lowest was 80.82. And the median was 98.60.

TSE:7734's Days Inventory is ranked worse than
93.24% of 680 companies
in the Business Services industry
Industry Median: 29.685 vs TSE:7734: 251.49

RIKEN KEIKI Co's Days Inventory increased from Dec. 2022 (188.88) to Dec. 2023 (288.43). It might indicate that RIKEN KEIKI Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. RIKEN KEIKI Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.32.

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. RIKEN KEIKI Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.58.

RIKEN KEIKI Co Days Inventory Historical Data

The historical data trend for RIKEN KEIKI 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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RIKEN KEIKI Co Days Inventory Chart

RIKEN KEIKI Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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103.62

117.55

118.45

133.51

188.83

RIKEN KEIKI 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															188.88	200.07	242.79	279.70	288.43

Competitive Comparison of RIKEN KEIKI Co's Days Inventory

For the Security & Protection Services subindustry, RIKEN KEIKI 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.

RIKEN KEIKI Co's Days Inventory Distribution in the Business Services Industry

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

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

RIKEN KEIKI Co Days Inventory Calculation

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

RIKEN KEIKI 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
=	( (8443.3	+	14156.288)	/	2 )	/	21842.196	*	365
=	11299.794					/	21842.196	*	365
=	188.83

RIKEN KEIKI 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
=	( (17612.087	+	19112.812)	/	2 )	/	5809.287	*	365 / 4
=	18362.4495					/	5809.287	*	365 / 4
=	288.43

RIKEN KEIKI Co (TSE:7734) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5809.287	/	18362.4495
	=	0.32

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18362.4495	/	11649.78
	=	1.58

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.

RIKEN KEIKI Co Days Inventory Related Terms

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

RIKEN KEIKI Co (TSE:7734) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » RIKEN KEIKI Co Ltd (TSE:7734) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-7-6 Azusawa Itabashi-Ku, Tokyo, JPN, 174-8744

Website

http://www.rikenkeiki.co.jp

RIKEN KEIKI Co Ltd is a Japan-based company engaged in the business of manufacturing and selling of gas alarms. It offers fixed and portable flammable gas detectors, toxic gas detectors and oxygen deficiency prevention detectors, portable multi-gas monitors and environmental monitors.

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