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Daikoku Denki Co (TSE:6430) Total Inventories : 円11,748 Mil (As of Dec. 2023)


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What is Daikoku Denki Co Total Inventories?

Daikoku Denki Co's total inventories for the quarter that ended in Dec. 2023 was 円11,748 Mil. Daikoku Denki Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was 円11,470 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Daikoku Denki Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円916.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Daikoku Denki Co's Days Inventory for the three months ended in Dec. 2023 was 131.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Daikoku Denki Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.69.

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. Daikoku Denki Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.78.


Daikoku Denki Co Total Inventories Historical Data

The historical data trend for Daikoku Denki Co's Total Inventories 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.

Daikoku Denki Co Total Inventories Chart

Daikoku Denki Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,159.31 4,286.76 4,146.12 4,434.17 8,529.26

Daikoku Denki Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories 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 6,862.79 8,529.26 9,265.92 11,192.02 11,748.16

Daikoku Denki Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Daikoku Denki Co  (TSE:6430) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Daikoku Denki Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(20006.835+0.75 * 9204.351+0.5 * 11748.164-19240.903
-0-0)/14.7828
=916.15

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

Daikoku Denki Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=11470.0925/7960.685*365 / 4
=131.48

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Daikoku Denki Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=7960.685 / 11470.0925
=0.69

4. 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.

Daikoku Denki Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=11470.0925 / 14680.46
=0.78

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Daikoku Denki Co Total Inventories Related Terms

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Daikoku Denki Co (TSE:6430) Business Description

Traded in Other Exchanges
N/A
Address
No. 43, No. 5-chome, Nagoya Nagono, JPN
Daikoku Denki Co Ltd engages in the development, manufacture, and sale of computer systems for pachinko halls and pachislo game machines. Its operations include Information Systems unit which deals with the development, manufacture, and sale of computer systems, customer premium management systems, and information disclosure systems for pachinko halls. It also offers control systems which involve in the development, manufacture, and sale of display units and control units of pachinko game machines.

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