GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kitakei Co Ltd (TSE:9872) » Definitions » Days Inventory

Kitakei Co (TSE:9872) Days Inventory : 11.41 (As of Feb. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Kitakei Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kitakei Co's Average Total Inventories for the three months ended in Feb. 2024 was 円1,689 Mil. Kitakei Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円13,504 Mil. Hence, Kitakei Co's Days Inventory for the three months ended in Feb. 2024 was 11.41.

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

TSE:9872' s Days Inventory Range Over the Past 10 Years
Min: 9.82   Med: 10.84   Max: 11.28
Current: 11.21

During the past 13 years, Kitakei Co's highest Days Inventory was 11.28. The lowest was 9.82. And the median was 10.84.

TSE:9872's Days Inventory is ranked better than
75.54% of 1394 companies
in the Construction industry
Industry Median: 48.8 vs TSE:9872: 11.21

Kitakei Co's Days Inventory declined from Feb. 2023 (12.23) to Feb. 2024 (11.41).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kitakei Co's Inventory Turnover for the three months ended in Feb. 2024 was 8.00.

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. Kitakei Co's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.11.


Kitakei Co Days Inventory Historical Data

The historical data trend for Kitakei 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.

Kitakei Co Days Inventory Chart

Kitakei Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.97 11.10 10.71 11.15 11.28

Kitakei Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 12.23 11.40 10.89 10.41 11.41

Competitive Comparison of Kitakei Co's Days Inventory

For the Building Products & Equipment subindustry, Kitakei 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.


Kitakei Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kitakei Co's Days Inventory distribution charts can be found below:

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



Kitakei Co Days Inventory Calculation

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

Kitakei Co's Days Inventory for the fiscal year that ended in Nov. 2023 is calculated as

Days Inventory (A: Nov. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2022 ) + Total Inventories (A: Nov. 2023 )) / count ) / Cost of Goods Sold (A: Nov. 2023 )*Days in Period
=( (1789.632 + 1667.875) / 2 ) / 55945.152*365
=1728.7535 / 55945.152*365
=11.28

Kitakei Co's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (1667.875 + 1709.609) / 2 ) / 13503.979*365 / 4
=1688.742 / 13503.979*365 / 4
=11.41

* 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.


Kitakei Co  (TSE:9872) 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.

Kitakei Co's Inventory Turnover for the three months ended in Feb. 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.

Kitakei Co's Inventory to Revenue for the three months ended in Feb. 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.


Kitakei Co Days Inventory Related Terms

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


Kitakei Co (TSE:9872) Business Description

Traded in Other Exchanges
N/A
Address
Minami-Honmachi, Chuo-ku, Ito Building 3-6-14, Osaka, JPN, 541-0054
Kitakei Co., Ltd. is a trading company, selling housing materials and equipment in Japan. It provides interior products, including floor, wall, roofing, frame, and building materials; interior doors; stairs, hand railings, and counters; entryway, wall, and closet boxes and storage products; tiles, bricks, and rock/stone materials; and Japanese style housing materials. The company also offers fixtures and fittings, such as kitchen, bath, sink bowl, sink vanity, and toilet products; hot water heaters and electrical water heater among other products.

Kitakei Co (TSE:9872) Headlines

No Headlines