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Cosmos Initia Co (TSE:8844) Days Inventory : 538.50 (As of Dec. 2023)


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What is Cosmos Initia Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cosmos Initia Co's Average Total Inventories for the three months ended in Dec. 2023 was 円121,291 Mil. Cosmos Initia Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円20,553 Mil. Hence, Cosmos Initia Co's Days Inventory for the three months ended in Dec. 2023 was 538.50.

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

TSE:8844' s Days Inventory Range Over the Past 10 Years
Min: 193.29   Med: 341.2   Max: 400.36
Current: 388

During the past 13 years, Cosmos Initia Co's highest Days Inventory was 400.36. The lowest was 193.29. And the median was 341.20.

TSE:8844's Days Inventory is ranked better than
63.66% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs TSE:8844: 388.00

Cosmos Initia Co's Days Inventory declined from Dec. 2022 (763.24) to Dec. 2023 (538.50).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cosmos Initia Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.17.

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. Cosmos Initia Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 4.74.


Cosmos Initia Co Days Inventory Historical Data

The historical data trend for Cosmos Initia 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.

Cosmos Initia Co Days Inventory Chart

Cosmos Initia Co 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 351.24 393.31 400.36 389.12 357.97

Cosmos Initia Co 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 763.24 214.62 658.03 407.26 538.50

Competitive Comparison of Cosmos Initia Co's Days Inventory

For the Real Estate Services subindustry, Cosmos Initia 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.


Cosmos Initia Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cosmos Initia Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cosmos Initia Co's Days Inventory falls into.



Cosmos Initia Co Days Inventory Calculation

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

Cosmos Initia Co'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
=( (96680 + 105843) / 2 ) / 103250*365
=101261.5 / 103250*365
=357.97

Cosmos Initia 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
=( (114070 + 128512) / 2 ) / 20553*365 / 4
=121291 / 20553*365 / 4
=538.50

* 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.


Cosmos Initia Co  (TSE:8844) 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.

Cosmos Initia 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.

Cosmos Initia 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.


Cosmos Initia Co Days Inventory Related Terms

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


Cosmos Initia Co (TSE:8844) Business Description

Traded in Other Exchanges
N/A
Address
Shintamachi Building Shiba 5-34-6, Minato-ku, Tokyo, JPN, 108-8416
Cosmos Initia Co Ltd is a real estate company. It is engaged in the construction, leasing, inter-mediation, and sale of real estates. The company also offers real estate rental and real estate brokerage.

Cosmos Initia Co (TSE:8844) Headlines

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