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Tohokushinsha Film (TSE:2329) Days Inventory : 50.06 (As of Dec. 2023)


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What is Tohokushinsha Film Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tohokushinsha Film's Average Total Inventories for the three months ended in Dec. 2023 was 円4,906 Mil. Tohokushinsha Film's Cost of Goods Sold for the three months ended in Dec. 2023 was 円8,942 Mil. Hence, Tohokushinsha Film's Days Inventory for the three months ended in Dec. 2023 was 50.06.

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

TSE:2329' s Days Inventory Range Over the Past 10 Years
Min: 23.77   Med: 29.07   Max: 39.09
Current: 39.09

During the past 13 years, Tohokushinsha Film's highest Days Inventory was 39.09. The lowest was 23.77. And the median was 29.07.

TSE:2329's Days Inventory is ranked worse than
57.19% of 654 companies
in the Media - Diversified industry
Industry Median: 26.215 vs TSE:2329: 39.09

Tohokushinsha Film's Days Inventory increased from Dec. 2022 (48.32) to Dec. 2023 (50.06). It might indicate that Tohokushinsha Film's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tohokushinsha Film's Inventory Turnover for the three months ended in Dec. 2023 was 1.82.

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. Tohokushinsha Film's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.40.


Tohokushinsha Film Days Inventory Historical Data

The historical data trend for Tohokushinsha Film'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.

Tohokushinsha Film Days Inventory Chart

Tohokushinsha Film 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 28.38 31.94 33.76 29.75 27.04

Tohokushinsha Film 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 48.32 27.59 31.42 40.23 50.06

Competitive Comparison of Tohokushinsha Film's Days Inventory

For the Entertainment subindustry, Tohokushinsha Film'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.


Tohokushinsha Film's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Tohokushinsha Film's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tohokushinsha Film's Days Inventory falls into.



Tohokushinsha Film Days Inventory Calculation

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

Tohokushinsha Film'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
=( (3339 + 2611) / 2 ) / 40159*365
=2975 / 40159*365
=27.04

Tohokushinsha Film'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
=( (4218 + 5594) / 2 ) / 8942*365 / 4
=4906 / 8942*365 / 4
=50.06

* 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.


Tohokushinsha Film  (TSE:2329) 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.

Tohokushinsha Film'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.

Tohokushinsha Film'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.


Tohokushinsha Film Days Inventory Related Terms

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


Tohokushinsha Film (TSE:2329) Business Description

Traded in Other Exchanges
N/A
Address
4-8-10 Akasaka, Minato-ku, Tokyo, JPN
Tohokushinsha Film Corp is a Japanese based media company. It operates in four business divisions including media production, distribution, broadcasting and commercial film production. Its business activities include advertising production, sales promotion, digital production, dubbing and subtitling, film distribution, film library, television distribution, and broadcasting operations.

Tohokushinsha Film (TSE:2329) Headlines

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