GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » NEC Capital Solutions Ltd (TSE:8793) » Definitions » Days Inventory

NEC Capital Solutions (TSE:8793) Days Inventory : 52.47 (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is NEC Capital Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NEC Capital Solutions's Average Total Inventories for the three months ended in Dec. 2023 was 円32,028 Mil. NEC Capital Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was 円55,695 Mil. Hence, NEC Capital Solutions's Days Inventory for the three months ended in Dec. 2023 was 52.47.

The historical rank and industry rank for NEC Capital Solutions's Days Inventory or its related term are showing as below:

TSE:8793' s Days Inventory Range Over the Past 10 Years
Min: 10.42   Med: 38.57   Max: 86.83
Current: 45.87

During the past 13 years, NEC Capital Solutions's highest Days Inventory was 86.83. The lowest was 10.42. And the median was 38.57.

TSE:8793's Days Inventory is ranked worse than
57.62% of 682 companies
in the Business Services industry
Industry Median: 29.735 vs TSE:8793: 45.87

NEC Capital Solutions's Days Inventory increased from Dec. 2022 (34.50) to Dec. 2023 (52.47). It might indicate that NEC Capital Solutions's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. NEC Capital Solutions's Inventory Turnover for the three months ended in Dec. 2023 was 1.74.

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. NEC Capital Solutions's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.50.


NEC Capital Solutions Days Inventory Historical Data

The historical data trend for NEC Capital Solutions'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.

NEC Capital Solutions Days Inventory Chart

NEC Capital Solutions Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.42 19.59 37.56 40.52 39.58

NEC Capital Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 34.50 36.24 46.24 49.18 52.47

Competitive Comparison of NEC Capital Solutions's Days Inventory

For the Rental & Leasing Services subindustry, NEC Capital Solutions'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.


NEC Capital Solutions's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, NEC Capital Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where NEC Capital Solutions's Days Inventory falls into.



NEC Capital Solutions Days Inventory Calculation

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

NEC Capital Solutions's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (25222 + 23827) / 2 ) / 226187*365
=24524.5 / 226187*365
=39.58

NEC Capital Solutions'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
=( (29616 + 34440) / 2 ) / 55695*365 / 4
=32028 / 55695*365 / 4
=52.47

* 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.


NEC Capital Solutions  (TSE:8793) 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.

NEC Capital Solutions'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.

NEC Capital Solutions'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.


NEC Capital Solutions Days Inventory Related Terms

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


NEC Capital Solutions (TSE:8793) Business Description

Traded in Other Exchanges
N/A
Address
29-11 Shiba 5-chome, Minato-ku, Tokyo, JPN
NEC Capital Solutions Ltd is a Japan-based company engaged in the provision of financial services. It operates through four segments. The company's Leasing and installment segment are involved in the purchase and sale of processing equipment, communications equipment, office equipment, and industrial machinery. Its Finance segment consists of factoring and loans and other business. The RISA segment provides investment advice, fund business, and others. Its other business comprises of the sale of secondhand products, as well as the collection of transaction fees.

NEC Capital Solutions (TSE:8793) Headlines

No Headlines