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Iida Group Holdings Co (TSE:3291) Days Inventory : 263.27 (As of Dec. 2023)


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What is Iida Group Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Iida Group Holdings Co's Average Total Inventories for the three months ended in Dec. 2023 was 円862,161 Mil. Iida Group Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円298,824 Mil. Hence, Iida Group Holdings Co's Days Inventory for the three months ended in Dec. 2023 was 263.27.

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

TSE:3291' s Days Inventory Range Over the Past 10 Years
Min: 174.12   Med: 182.92   Max: 243.58
Current: 243.58

During the past 10 years, Iida Group Holdings Co's highest Days Inventory was 243.58. The lowest was 174.12. And the median was 182.92.

TSE:3291's Days Inventory is ranked better than
57.14% of 98 companies
in the Homebuilding & Construction industry
Industry Median: 321.91 vs TSE:3291: 243.58

Iida Group Holdings Co's Days Inventory increased from Dec. 2022 (246.17) to Dec. 2023 (263.27). It might indicate that Iida Group Holdings Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Iida Group Holdings Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.35.

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. Iida Group Holdings Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.49.


Iida Group Holdings Co Days Inventory Historical Data

The historical data trend for Iida Group Holdings 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.

Iida Group Holdings Co Days Inventory Chart

Iida Group Holdings Co 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 204.01 208.54 179.38 182.92 210.69

Iida Group Holdings Co 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 246.17 196.24 270.89 250.16 263.27

Competitive Comparison of Iida Group Holdings Co's Days Inventory

For the Residential Construction subindustry, Iida Group Holdings 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.


Iida Group Holdings Co's Days Inventory Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Iida Group Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Iida Group Holdings Co's Days Inventory falls into.



Iida Group Holdings Co Days Inventory Calculation

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

Iida Group Holdings Co'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
=( (615053 + 757127) / 2 ) / 1188592*365
=686090 / 1188592*365
=210.69

Iida Group Holdings 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
=( (839779 + 884543) / 2 ) / 298824*365 / 4
=862161 / 298824*365 / 4
=263.27

* 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.


Iida Group Holdings Co  (TSE:3291) 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.

Iida Group Holdings Co'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.

Iida Group Holdings Co'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.


Iida Group Holdings Co Days Inventory Related Terms

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


Iida Group Holdings Co (TSE:3291) Business Description

Traded in Other Exchanges
Address
1-4-1, Nishihara-cho Nishitokyo, Tokyo, JPN
Iida Group Holdings Co Ltd is engaged in the operation of real estate business. It is involved in the development of real estate properties and the sale of various real estate properties. The company is also involved in various other real estate-related activities, such as renovation works, real estate brokerage services, hot spring and golf course operations, arrangement and lending of mortgage loans, and the provision of Internet-related consulting services, among others.

Iida Group Holdings Co (TSE:3291) Headlines

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