Olympic Group (TSE:8289) Days Inventory : 72.48 (As of Nov. 2023)

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What is Olympic Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Olympic Group's Average Total Inventories for the three months ended in Nov. 2023 was 円10,654 Mil. Olympic Group's Cost of Goods Sold for the three months ended in Nov. 2023 was 円13,413 Mil. Hence, Olympic Group's Days Inventory for the three months ended in Nov. 2023 was 72.48.

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

TSE:8289' s Days Inventory Range Over the Past 10 Years
Min: 55.37 Med: 63.26 Max: 68.45
Current: 68.45

During the past 13 years, Olympic Group's highest Days Inventory was 68.45. The lowest was 55.37. And the median was 63.26.

TSE:8289's Days Inventory is ranked better than
69.78% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 110.7 vs TSE:8289: 68.45

Olympic Group's Days Inventory increased from Nov. 2022 (68.27) to Nov. 2023 (72.48). It might indicate that Olympic Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Olympic Group's Inventory Turnover for the three months ended in Nov. 2023 was 1.26.

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. Olympic Group's Inventory-to-Revenue for the three months ended in Nov. 2023 was 0.49.

Olympic Group Days Inventory Historical Data

The historical data trend for Olympic Group'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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Olympic Group Days Inventory Chart

Olympic Group Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Inventory

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63.85

63.60

55.37

58.46

63.17

Olympic Group Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Inventory	Get a 7-Day Free Trial															68.27	65.83	67.18	67.63	72.48

Competitive Comparison of Olympic Group's Days Inventory

For the Specialty Retail subindustry, Olympic Group'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.

Olympic Group's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Olympic Group's Days Inventory falls into.

Olympic Group Days Inventory Calculation

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

Olympic Group's Days Inventory for the fiscal year that ended in Feb. 2023 is calculated as

	Days Inventory (A: Feb. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Feb. 2022 )	+	Total Inventories (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (9535	+	10004)	/	2 )	/	56446	*	365
=	9769.5					/	56446	*	365
=	63.17

Olympic Group's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

	Days Inventory (Q: Nov. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (10495	+	10812)	/	2 )	/	13413	*	365 / 4
=	10653.5					/	13413	*	365 / 4
=	72.48

Olympic Group (TSE:8289) 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.

Olympic Group's Inventory Turnover for the three months ended in Nov. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13413	/	10653.5
	=	1.26

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.

Olympic Group's Inventory to Revenue for the three months ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10653.5	/	21912
	=	0.49

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.

Olympic Group Days Inventory Related Terms

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

Olympic Group (TSE:8289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Olympic Group Corp (TSE:8289) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tokyo Honmachi 4-12-1, Kokubunji, JPN, 185-0012

Website

http://www.olympic-corp.co.jp

Olympic Group Corp is a Japan-based company, engages in the retail business. The company offers food, daily necessities, sports and leisure goods, pet supplies, shoes, clothing, DIY and gardening supplies; pet trimming and related products; footwear and related products; golf equipment; and car supplies. It also develops retail businesses such as specialty stores, discount stores, supermarkets, store development, and facility management businesses, as well as the production and wholesale of prepared foods.

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