Shochiku Co (TSE:9601) Days Inventory : 43.66 (As of Feb. 2024)

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What is Shochiku Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shochiku Co's Average Total Inventories for the three months ended in Feb. 2024 was 円6,245 Mil. Shochiku Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円13,050 Mil. Hence, Shochiku Co's Days Inventory for the three months ended in Feb. 2024 was 43.66.

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

TSE:9601' s Days Inventory Range Over the Past 10 Years
Min: 26.75 Med: 39.57 Max: 63.86
Current: 45.66

During the past 13 years, Shochiku Co's highest Days Inventory was 63.86. The lowest was 26.75. And the median was 39.57.

TSE:9601's Days Inventory is ranked worse than
59.17% of 654 companies
in the Media - Diversified industry
Industry Median: 26.215 vs TSE:9601: 45.66

Shochiku Co's Days Inventory declined from Feb. 2023 (47.87) to Feb. 2024 (43.66).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shochiku Co's Inventory Turnover for the three months ended in Feb. 2024 was 2.09.

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. Shochiku Co's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.27.

Shochiku Co Days Inventory Historical Data

The historical data trend for Shochiku 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.

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Shochiku Co Days Inventory Chart

Shochiku Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Inventory

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37.18

63.86

49.80

46.26

43.64

Shochiku Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Inventory	Get a 7-Day Free Trial															47.87	42.75	49.32	49.54	43.66

Competitive Comparison of Shochiku Co's Days Inventory

For the Entertainment subindustry, Shochiku 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.

Shochiku Co's Days Inventory Distribution in the Media - Diversified Industry

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

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

Shochiku Co Days Inventory Calculation

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

Shochiku Co's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

	Days Inventory (A: Feb. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Feb. 2023 )	+	Total Inventories (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (5771	+	6055)	/	2 )	/	49451	*	365
=	5913					/	49451	*	365
=	43.64

Shochiku Co's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

	Days Inventory (Q: Feb. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (6434	+	6055)	/	2 )	/	13050	*	365 / 4
=	6244.5					/	13050	*	365 / 4
=	43.66

Shochiku Co (TSE:9601) 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.

Shochiku Co's Inventory Turnover for the three months ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13050	/	6244.5
	=	2.09

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.

Shochiku Co's Inventory to Revenue for the three months ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6244.5	/	22964
	=	0.27

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.

Shochiku Co Days Inventory Related Terms

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

Shochiku Co (TSE:9601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Shochiku Co Ltd (TSE:9601) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Togeki Building 4-1-1 Tsukiji, Chuo-ku, Tokyo, JPN, 104-8422

Website

http://www.shochiku.co.jp

Shochiku Co Ltd is a diversified media company that primarily operates in the film and production industry. The company has four business segments, which include motion picture, theatre, real estate, and other. The motion picture business produces and distributes television and feature film content. Additionally, the company licenses content domestically and internationally. The theatre segment plans, produces, and promotes kabuki presentations. The real estate business segment owns and leases development properties. The other business largely focuses on merchandise sales. The company earns the vast majority of its revenue in Japan.

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