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Kokuyo Co (TSE:7984) Days Inventory : 66.08 (As of Mar. 2024)


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What is Kokuyo Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kokuyo Co's Average Total Inventories for the three months ended in Mar. 2024 was 円40,961 Mil. Kokuyo Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円56,560 Mil. Hence, Kokuyo Co's Days Inventory for the three months ended in Mar. 2024 was 66.08.

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

TSE:7984' s Days Inventory Range Over the Past 10 Years
Min: 55.26   Med: 57.95   Max: 72.55
Current: 72.23

During the past 13 years, Kokuyo Co's highest Days Inventory was 72.55. The lowest was 55.26. And the median was 57.95.

TSE:7984's Days Inventory is ranked better than
77.89% of 2913 companies
in the Industrial Products industry
Industry Median: 120.59 vs TSE:7984: 72.23

Kokuyo Co's Days Inventory declined from Mar. 2023 (67.23) to Mar. 2024 (66.08).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kokuyo Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.38.

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. Kokuyo Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.43.


Kokuyo Co Days Inventory Historical Data

The historical data trend for Kokuyo 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.

Kokuyo Co Days Inventory Chart

Kokuyo Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.25 61.79 57.65 72.55 72.25

Kokuyo 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 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 67.23 72.19 75.29 72.95 66.08

Competitive Comparison of Kokuyo Co's Days Inventory

For the Business Equipment & Supplies subindustry, Kokuyo 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.


Kokuyo Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kokuyo Co's Days Inventory distribution charts can be found below:

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



Kokuyo Co Days Inventory Calculation

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

Kokuyo Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (40005 + 39717) / 2 ) / 201361*365
=39861 / 201361*365
=72.25

Kokuyo Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (39717 + 42205) / 2 ) / 56560*365 / 4
=40961 / 56560*365 / 4
=66.08

* 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.


Kokuyo Co  (TSE:7984) 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.

Kokuyo Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Kokuyo Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Kokuyo Co Days Inventory Related Terms

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


Kokuyo Co (TSE:7984) Business Description

Traded in Other Exchanges
Address
6-1-1 Oimazato-Minami, Higashinari-ku, Osaka, JPN, 537-8686
Kokuyo Co Ltd is engaged in the manufacture, purchase, and sale of stationery, office furniture, and store utensils for retail businesses, as well as space design and consultation. The company operates through segments: stationery, furniture, and mail-order and retail. The stationery business provides stationery in Japan and other regions such as Vietnam, China, and India. The furniture business consists of the production and sale of office furniture, store fixtures, and furniture for public and commercial spaces. The mail-order and retail business provides mail-order services for individuals and retail and wholesale businesses, along with electronic purchasing systems and operation of information sites.

Kokuyo Co (TSE:7984) Headlines

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