SMS Co (TSE:2175) Days Inventory : 4.32 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is SMS Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SMS Co's Average Total Inventories for the three months ended in Dec. 2023 was 円79 Mil. SMS Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,660 Mil. Hence, SMS Co's Days Inventory for the three months ended in Dec. 2023 was 4.32.

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

TSE:2175' s Days Inventory Range Over the Past 10 Years
Min: 2.47 Med: 5.97 Max: 41.04
Current: 3.62

During the past 13 years, SMS Co's highest Days Inventory was 41.04. The lowest was 2.47. And the median was 5.97.

TSE:2175's Days Inventory is ranked better than
92.32% of 469 companies
in the Healthcare Providers & Services industry
Industry Median: 32.49 vs TSE:2175: 3.62

SMS Co's Days Inventory increased from Dec. 2022 (4.07) to Dec. 2023 (4.32). It might indicate that SMS Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SMS Co's Inventory Turnover for the three months ended in Dec. 2023 was 21.15.

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. SMS Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.

SMS Co Days Inventory Historical Data

The historical data trend for SMS 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.

SMS Co Days Inventory Chart

SMS Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

Get a 7-Day Free Trial

4.24

4.20

4.10

3.34

2.47

SMS 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															3.38	4.06	4.46	4.32	2.93

Competitive Comparison of SMS Co's Days Inventory

For the Health Information Services subindustry, SMS 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.

SMS Co's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, SMS Co's Days Inventory distribution charts can be found below:

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

SMS Co Days Inventory Calculation

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

SMS 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
=	( (49	+	38)	/	2 )	/	6430	*	365
=	43.5					/	6430	*	365
=	2.47

SMS Co'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
=	( (79	+	78)	/	2 )	/	1660	*	365 / 4
=	78.5					/	1660	*	365 / 4
=	4.32

SMS Co (TSE:2175) 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.

SMS Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1660	/	78.5
	=	21.15

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.

SMS Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	78.5	/	11883
	=	0.01

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.

SMS Co Days Inventory Related Terms

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

SMS Co (TSE:2175) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » SMS Co Ltd (TSE:2175) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SMSSY:USA

Address

Sumitomo Fudosan Shiba-koen Tower, 2-11-1 Shiba-koen, Minato-ku, Tokyo, JPN, 105-0011

Website

https://www.bm-sms.co.jp

SMS Co Ltd is a Japanese company involved in providing various services targeting information infrastructure for the aging society. The company divides its search service by the following segments: nursing care, medical care, career, healthcare/senior life, and global.

SMS Co (TSE:2175) Headlines

No Headlines