ASAHI Net (TSE:3834) Days Inventory : 59.98 (As of Dec. 2023)

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What is ASAHI Net Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ASAHI Net's Average Total Inventories for the three months ended in Dec. 2023 was 円1,360 Mil. ASAHI Net's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,069 Mil. Hence, ASAHI Net's Days Inventory for the three months ended in Dec. 2023 was 59.98.

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

TSE:3834' s Days Inventory Range Over the Past 10 Years
Min: 0.78 Med: 10.18 Max: 53.57
Current: 53.57

During the past 13 years, ASAHI Net's highest Days Inventory was 53.57. The lowest was 0.78. And the median was 10.18.

TSE:3834's Days Inventory is ranked worse than
82.21% of 298 companies
in the Telecommunication Services industry
Industry Median: 19.215 vs TSE:3834: 53.57

ASAHI Net's Days Inventory increased from Dec. 2022 (36.73) to Dec. 2023 (59.98). It might indicate that ASAHI Net's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. ASAHI Net's Inventory Turnover for the three months ended in Dec. 2023 was 1.52.

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. ASAHI Net's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.45.

ASAHI Net Days Inventory Historical Data

The historical data trend for ASAHI Net'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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ASAHI Net Days Inventory Chart

ASAHI Net Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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2.19

9.87

13.07

20.03

41.82

ASAHI Net 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															36.73	45.83	56.31	58.97	59.98

Competitive Comparison of ASAHI Net's Days Inventory

For the Telecom Services subindustry, ASAHI Net'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.

ASAHI Net's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, ASAHI Net's Days Inventory distribution charts can be found below:

* The bar in red indicates where ASAHI Net's Days Inventory falls into.

ASAHI Net Days Inventory Calculation

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

ASAHI Net'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
=	( (623	+	1352)	/	2 )	/	8619	*	365
=	987.5					/	8619	*	365
=	41.82

ASAHI Net'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
=	( (1365	+	1355)	/	2 )	/	2069	*	365 / 4
=	1360					/	2069	*	365 / 4
=	59.98

ASAHI Net (TSE:3834) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2069	/	1360
	=	1.52

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1360	/	3024
	=	0.45

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.

ASAHI Net Days Inventory Related Terms

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

ASAHI Net (TSE:3834) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » ASAHI Net Inc (TSE:3834) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ginza 4-12-15 Chuo-ku, Kabukiza Tower 21 Floor, Tokyo, JPN, 104-0061

Website

http://asahi-net.jp

ASAHI Net Inc is a Japan-based internet service provider. The company mainly offers internet connection services using fiber-optic technology and mobile networks, live survey system respon, system maintenance, and manufacturer maintenance. The company also provides learning management system named manaba.

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