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Days Inventory is also known as Days Sales of Inventory (DSI). Daikoku Denki Co's Average Total Inventories for the three months ended in Sep. 2024 was 円12,992 Mil. Daikoku Denki Co's Cost of Goods Sold for the three months ended in Sep. 2024 was 円0 Mil.
The historical rank and industry rank for Daikoku Denki Co's Days Inventory or its related term are showing as below:
During the past 13 years, Daikoku Denki Co's highest Days Inventory was 154.58. The lowest was 82.56. And the median was 105.43.
Daikoku Denki Co's Days Inventory declined from Jun. 2023 (94.83) to Sep. 2024 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year. Daikoku Denki Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.00.
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.
The historical data trend for Daikoku Denki 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.
Daikoku Denki Co Annual Data | |||||||||||||||||||||
Trend | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | Mar24 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 82.56 | 111.20 | 109.91 | 136.62 | 141.39 |
Daikoku Denki Co Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Sep24 | |
Days Inventory | Get a 7-Day Free Trial | 94.83 | 135.16 | 131.48 | 214.19 | - |
For the Computer Hardware subindustry, Daikoku Denki 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.
For the Hardware industry and Technology sector, Daikoku Denki Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Daikoku Denki Co's Days Inventory falls into.
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 fiscal year that ended in Mar. 2024 is calculated as
Days Inventory (A: Mar. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Mar. 2023 ) | + | Total Inventories (A: Mar. 2024 )) | / | count ) | / | Cost of Goods Sold (A: Mar. 2024 ) | * | Days in Period |
= | ( (8529.261 | + | 13845.295) | / | 2 ) | / | 28879.583 | * | 365 |
= | 11187.278 | / | 28879.583 | * | 365 | ||||
= | 141.39 |
Daikoku Denki Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:
Days Inventory (Q: Sep. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Mar. 2024 ) | + | Total Inventories (Q: Sep. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Sep. 2024 ) | * | Days in Period |
= | ( (13845.295 | + | 12137.807) | / | 2 ) | / | 0 | * | 365 / 4 |
= | 12991.551 | / | 0 | * | 365 / 4 | ||||
= | N/A |
* 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.
Daikoku Denki Co (TSE:6430) 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.
Daikoku Denki Co's Inventory Turnover for the three months ended in Sep. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 0 | / | 12991.551 | |
= | 0.00 |
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.
Daikoku Denki Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 12991.551 | / | 0 | |
= |
* 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.
Thank you for viewing the detailed overview of Daikoku Denki Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
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