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Sakurajima Futo Kaisha, (TSE:9353) Days Inventory : 5.42 (As of Dec. 2023)


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What is Sakurajima Futo Kaisha, Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sakurajima Futo Kaisha,'s Average Total Inventories for the three months ended in Dec. 2023 was 円50 Mil. Sakurajima Futo Kaisha,'s Cost of Goods Sold for the three months ended in Dec. 2023 was 円838 Mil. Hence, Sakurajima Futo Kaisha,'s Days Inventory for the three months ended in Dec. 2023 was 5.42.

The historical rank and industry rank for Sakurajima Futo Kaisha,'s Days Inventory or its related term are showing as below:

TSE:9353' s Days Inventory Range Over the Past 10 Years
Min: 1.71   Med: 2.81   Max: 5.55
Current: 5.51

During the past 13 years, Sakurajima Futo Kaisha,'s highest Days Inventory was 5.55. The lowest was 1.71. And the median was 2.81.

TSE:9353's Days Inventory is ranked better than
67.65% of 779 companies
in the Transportation industry
Industry Median: 11.4 vs TSE:9353: 5.51

Sakurajima Futo Kaisha,'s Days Inventory declined from Dec. 2022 (6.34) to Dec. 2023 (5.42).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sakurajima Futo Kaisha,'s Inventory Turnover for the three months ended in Dec. 2023 was 16.83.

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. Sakurajima Futo Kaisha,'s Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.05.


Sakurajima Futo Kaisha, Days Inventory Historical Data

The historical data trend for Sakurajima Futo Kaisha,'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.

Sakurajima Futo Kaisha, Days Inventory Chart

Sakurajima Futo Kaisha, 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 3.04 3.70 4.41 4.93 5.55

Sakurajima Futo Kaisha, 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 6.34 5.44 5.67 5.33 5.42

Competitive Comparison of Sakurajima Futo Kaisha,'s Days Inventory

For the Marine Shipping subindustry, Sakurajima Futo Kaisha,'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.


Sakurajima Futo Kaisha,'s Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sakurajima Futo Kaisha,'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Sakurajima Futo Kaisha,'s Days Inventory falls into.



Sakurajima Futo Kaisha, Days Inventory Calculation

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

Sakurajima Futo Kaisha,'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
=( (48.703 + 49.153) / 2 ) / 3220.319*365
=48.928 / 3220.319*365
=5.55

Sakurajima Futo Kaisha,'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
=( (49.859 + 49.787) / 2 ) / 838.288*365 / 4
=49.823 / 838.288*365 / 4
=5.42

* 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.


Sakurajima Futo Kaisha,  (TSE:9353) 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.

Sakurajima Futo Kaisha,'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.

Sakurajima Futo Kaisha,'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.


Sakurajima Futo Kaisha, Days Inventory Related Terms

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


Sakurajima Futo Kaisha, (TSE:9353) Business Description

Traded in Other Exchanges
N/A
Address
Osaka Konohana-ku, Plum-Cho 1-1-11, Osaka-shi, Osaka, JPN, 554-0032
Sakurajima Futo Kaisha, Ltd is engaged in the port transportation business in Japan. It is involved in handling cargo, such as coal, coke, raw salt, soda ash, alloyed iron, other minerals, etc.; liquid cargo, including petroleum products and petrochemicals; and frozen and refrigerated products comprising frozen food, chilled food, dry goods, etc. The company also provides barge transportation, warehousing, cargo usage transportation, and customs clearing services.

Sakurajima Futo Kaisha, (TSE:9353) Headlines

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