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Laox Holdings Co (TSE:8202) Days Inventory : 71.25 (As of Mar. 2024)


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What is Laox Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Laox Holdings Co's Average Total Inventories for the three months ended in Mar. 2024 was 円6,763 Mil. Laox Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円8,661 Mil. Hence, Laox Holdings Co's Days Inventory for the three months ended in Mar. 2024 was 71.25.

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

TSE:8202' s Days Inventory Range Over the Past 10 Years
Min: 34.84   Med: 64.11   Max: 134.74
Current: 55.1

During the past 13 years, Laox Holdings Co's highest Days Inventory was 134.74. The lowest was 34.84. And the median was 64.11.

TSE:8202's Days Inventory is ranked better than
76.61% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 110.7 vs TSE:8202: 55.10

Laox Holdings Co's Days Inventory increased from Mar. 2023 (46.94) to Mar. 2024 (71.25). It might indicate that Laox Holdings 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. Laox Holdings Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.28.

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. Laox Holdings Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.53.


Laox Holdings Co Days Inventory Historical Data

The historical data trend for Laox Holdings 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.

Laox Holdings Co Days Inventory Chart

Laox Holdings 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 69.38 73.88 42.80 34.84 45.74

Laox Holdings 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 46.94 52.81 63.42 48.13 71.25

Competitive Comparison of Laox Holdings Co's Days Inventory

For the Specialty Retail subindustry, Laox Holdings 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.


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

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

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



Laox Holdings Co Days Inventory Calculation

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

Laox Holdings 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
=( (3806 + 6737) / 2 ) / 42064*365
=5271.5 / 42064*365
=45.74

Laox Holdings 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
=( (6737 + 6788) / 2 ) / 8661*365 / 4
=6762.5 / 8661*365 / 4
=71.25

* 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.


Laox Holdings Co  (TSE:8202) 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.

Laox Holdings 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.

Laox Holdings 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.


Laox Holdings Co Days Inventory Related Terms

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


Laox Holdings Co (TSE:8202) Business Description

Traded in Other Exchanges
N/A
Address
15F Sumitomo Shibakoen Building, 2-7-17 Shiba, Minato-ku, Tokyo, JPN
Laox Holdings Co Ltd is a Japan-based Duty-Free store company. It is engaged in the Retail business, Lifestyle fashion business, Entertainment business, and SC development project. The Retail business includes various products which it sells in real stores and through online sales, Lifestyle fashion business consists fashion related products along with interior goods, and others. The Entertainment business involves platforms such as eating, drinking, leisure, sports facilities and services such as restaurants and transportation, and the SC development project operates and manages complex commercial facilities.

Laox Holdings Co (TSE:8202) Headlines

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