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Japan Display (TSE:6740) Days Inventory : 100.02 (As of Mar. 2024)


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What is Japan Display Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Japan Display's Average Total Inventories for the three months ended in Mar. 2024 was 円63,522 Mil. Japan Display's Cost of Goods Sold for the three months ended in Mar. 2024 was 円57,952 Mil. Hence, Japan Display's Days Inventory for the three months ended in Mar. 2024 was 100.02.

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

TSE:6740' s Days Inventory Range Over the Past 10 Years
Min: 38.26   Med: 46.81   Max: 93.6
Current: 93.6

During the past 12 years, Japan Display's highest Days Inventory was 93.60. The lowest was 38.26. And the median was 46.81.

TSE:6740's Days Inventory is ranked better than
54.84% of 2407 companies
in the Hardware industry
Industry Median: 101.86 vs TSE:6740: 93.60

Japan Display's Days Inventory increased from Mar. 2023 (77.76) to Mar. 2024 (100.02). It might indicate that Japan Display's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Japan Display's Inventory Turnover for the three months ended in Mar. 2024 was 0.91.

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. Japan Display's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.08.


Japan Display Days Inventory Historical Data

The historical data trend for Japan Display'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.

Japan Display Days Inventory Chart

Japan Display Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.70 42.75 58.66 69.81 92.32

Japan Display Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 77.76 94.24 86.16 96.44 100.02

Competitive Comparison of Japan Display's Days Inventory

For the Electronic Components subindustry, Japan Display'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.


Japan Display's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Japan Display's Days Inventory distribution charts can be found below:

* The bar in red indicates where Japan Display's Days Inventory falls into.



Japan Display Days Inventory Calculation

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

Japan Display'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
=( (60318 + 63950) / 2 ) / 245645*365
=62134 / 245645*365
=92.32

Japan Display's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (63093 + 63950) / 2 ) / 57952*365 / 4
=63521.5 / 57952*365 / 4
=100.02

* 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.


Japan Display  (TSE:6740) 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.

Japan Display's Inventory Turnover for the three months ended in Mar. 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.

Japan Display's Inventory to Revenue for the three months ended in Mar. 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.


Japan Display Days Inventory Related Terms

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


Japan Display (TSE:6740) Business Description

Traded in Other Exchanges
Address
Landic 2nd Building, 3-7-1, Nishi-shinbashi, Minato-ku, Tokyo, JPN, 105-0003
Japan Display Inc is engaged in the development, production, and sale of small and medium-sized display devices and related products. Its products are divided into two categories: Mobile Device and Automotive and Non-Mobile. The Mobile Device category includes displays for smartphones, tablets and mobile phone devices. The Automotive and Non-Mobile category includes displays for automotive applications, consumer electronics, and industrial devices as well as income from patents and other sources. The company's business operations span across Europe, Korea, China, Philippines, America, and Hong Kong.

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