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Monex Group (TSE:8698) Days Inventory : 200,125.51 (As of Mar. 2024)


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What is Monex Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Monex Group's Average Total Inventories for the three months ended in Mar. 2024 was 円35,091 Mil. Monex Group's Cost of Goods Sold for the three months ended in Mar. 2024 was 円16 Mil. Hence, Monex Group's Days Inventory for the three months ended in Mar. 2024 was 200,125.51.

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

TSE:8698' s Days Inventory Range Over the Past 10 Years
Min: 65556.61   Med: 90788.72   Max: 364731.62
Current: 74246.17

During the past 13 years, Monex Group's highest Days Inventory was 364731.62. The lowest was 65556.61. And the median was 90788.72.

TSE:8698's Days Inventory is ranked worse than
100% of 217 companies
in the Capital Markets industry
Industry Median: 60.48 vs TSE:8698: 74246.17

Monex Group's Days Inventory increased from Mar. 2023 (111,858.46) to Mar. 2024 (200,125.51). It might indicate that Monex Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Monex Group's Inventory Turnover for the three months ended in Mar. 2024 was 0.00.

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. Monex Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.94.


Monex Group Days Inventory Historical Data

The historical data trend for Monex 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.

* Premium members only.

Monex Group Days Inventory Chart

Monex Group 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 - - 364,731.62 65,556.61 90,788.72

Monex Group 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 111,858.46 95,274.61 44,528.89 40,512.32 200,125.51

Competitive Comparison of Monex Group's Days Inventory

For the Capital Markets subindustry, Monex 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.


Monex Group's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Monex Group's Days Inventory distribution charts can be found below:

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



Monex Group Days Inventory Calculation

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

Monex Group'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
=( (18972 + 44207) / 2 ) / 127*365
=31589.5 / 127*365
=90,788.72

Monex Group'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
=( (25974 + 44207) / 2 ) / 16*365 / 4
=35090.5 / 16*365 / 4
=200,125.51

* 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.


Monex Group  (TSE:8698) 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.

Monex Group'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.

Monex Group'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.


Monex Group Days Inventory Related Terms

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


Monex Group (TSE:8698) Business Description

Traded in Other Exchanges
Address
2-4-1, Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-0083
Monex Group Inc is functional in the financial services domain of Japan. Its core business is that of securities trading. Operating in the capital markets industry, the company renders such services as online securities business, the foreign exchange (FX) trading business, as well as the provision of merger and acquisition (M&A) advisory services. Most of its revenue is in the form of brokerage derived from its capital market activities majorly in Japan and on a minor scale in the United States and China.

Monex Group (TSE:8698) Headlines

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