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Kaga Electronics Co (TSE:8154) Days Inventory : 51.91 (As of Dec. 2023)


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What is Kaga Electronics Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kaga Electronics Co's Average Total Inventories for the three months ended in Dec. 2023 was 円65,032 Mil. Kaga Electronics Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円114,322 Mil. Hence, Kaga Electronics Co's Days Inventory for the three months ended in Dec. 2023 was 51.91.

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

TSE:8154' s Days Inventory Range Over the Past 10 Years
Min: 33.1   Med: 36.07   Max: 48.16
Current: 48.16

During the past 13 years, Kaga Electronics Co's highest Days Inventory was 48.16. The lowest was 33.10. And the median was 36.07.

TSE:8154's Days Inventory is ranked better than
82.57% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs TSE:8154: 48.16

Kaga Electronics Co's Days Inventory increased from Dec. 2022 (51.28) to Dec. 2023 (51.91). It might indicate that Kaga Electronics Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kaga Electronics Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.76.

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. Kaga Electronics Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.49.


Kaga Electronics Co Days Inventory Historical Data

The historical data trend for Kaga Electronics 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.

Kaga Electronics Co Days Inventory Chart

Kaga Electronics Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.10 34.05 42.16 40.95 42.87

Kaga Electronics 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 44.91 48.14 51.11 51.91 46.86

Competitive Comparison of Kaga Electronics Co's Days Inventory

For the Electronics & Computer Distribution subindustry, Kaga Electronics 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.


Kaga Electronics Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kaga Electronics Co's Days Inventory distribution charts can be found below:

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



Kaga Electronics Co Days Inventory Calculation

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

Kaga Electronics 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
=( (56204 + 54738) / 2 ) / 472245*365
=55471 / 472245*365
=42.87

Kaga Electronics 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
=( (63580 + 66484) / 2 ) / 114322*365 / 4
=65032 / 114322*365 / 4
=51.91

* 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.


Kaga Electronics Co  (TSE:8154) 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.

Kaga Electronics 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.

Kaga Electronics 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.


Kaga Electronics Co Days Inventory Related Terms

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


Kaga Electronics Co (TSE:8154) Business Description

Traded in Other Exchanges
Address
20 Kandamatsunagacho, Chiyoda-ku, Tokyo, JPN, 101-8629
Kaga Electronics Co Ltd is a Japan based company engages in the sales of electronic components, electronic devices and other. It operates through following segments: Electronic Components, Information Equipment, Software and Other. The firm generates majority revenue from the Electronic Components.

Kaga Electronics Co (TSE:8154) Headlines

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