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Creditison Co (TSE:8253) Days Inventory : 904.13 (As of Mar. 2024)


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What is Creditison Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Creditison Co's Average Total Inventories for the three months ended in Mar. 2024 was 円148,892 Mil. Creditison Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円15,027 Mil. Hence, Creditison Co's Days Inventory for the three months ended in Mar. 2024 was 904.13.

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

TSE:8253' s Days Inventory Range Over the Past 10 Years
Min: 610.68   Med: 844.79   Max: 3340.55
Current: 880.77

During the past 13 years, Creditison Co's highest Days Inventory was 3340.55. The lowest was 610.68. And the median was 844.79.

TSE:8253's Days Inventory is ranked worse than
90.1% of 101 companies
in the Credit Services industry
Industry Median: 45.6 vs TSE:8253: 880.77

Creditison Co's Days Inventory declined from Mar. 2023 (958.50) to Mar. 2024 (904.13).

Inventory Turnover measures how fast the company turns over its inventory within a year. Creditison Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.10.

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. Creditison Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.38.


Creditison Co Days Inventory Historical Data

The historical data trend for Creditison 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.

Creditison Co Days Inventory Chart

Creditison Co 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 610.68 1,173.51 764.98 797.37 892.20

Creditison Co 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 958.50 947.91 664.03 1,117.64 904.13

Competitive Comparison of Creditison Co's Days Inventory

For the Credit Services subindustry, Creditison 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.


Creditison Co's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Creditison Co's Days Inventory distribution charts can be found below:

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



Creditison Co Days Inventory Calculation

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

Creditison 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
=( (133247 + 153773) / 2 ) / 58710*365
=143510 / 58710*365
=892.20

Creditison Co'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
=( (144010 + 153773) / 2 ) / 15027*365 / 4
=148891.5 / 15027*365 / 4
=904.13

* 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.


Creditison Co  (TSE:8253) 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.

Creditison Co'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.

Creditison Co'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.


Creditison Co Days Inventory Related Terms

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


Creditison Co (TSE:8253) Business Description

Traded in Other Exchanges
Address
1-1 Higashi-Ikebukuro 3-chome, 52nd Floor, Sunshine 60 Building, Toshima-ku, Tokyo, JPN, 170-6073
Credit Saison Co Ltd is a consumer finance company operating primarily in Japan. Saison operates in five reportable business segments: credit services, leasing, finance, real estate, and entertainment. Of these, credit services make up the vast majority of revenue. The company is one of Japan's leading card companies. The company issues Visa, MasterCard, American Express, and affinity cards carrying the Saison brand to a multitude of cardholders. Saison also provides insurance and asset management. The company is affiliated with the Mizuho Financial Group.

Creditison Co (TSE:8253) Headlines

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