Dentsu Group (TSE:4324) Days Inventory : 15.97 (As of Dec. 2023)

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What is Dentsu Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dentsu Group's Average Total Inventories for the three months ended in Dec. 2023 was 円6,672 Mil. Dentsu Group's Cost of Goods Sold for the three months ended in Dec. 2023 was 円38,120 Mil. Hence, Dentsu Group's Days Inventory for the three months ended in Dec. 2023 was 15.97.

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

TSE:4324' s Days Inventory Range Over the Past 10 Years
Min: 11.5 Med: 95.56 Max: 165.95
Current: 12.87

During the past 13 years, Dentsu Group's highest Days Inventory was 165.95. The lowest was 11.50. And the median was 95.56.

TSE:4324's Days Inventory is ranked better than
64.38% of 657 companies
in the Media - Diversified industry
Industry Median: 26.06 vs TSE:4324: 12.87

Dentsu Group's Days Inventory declined from Dec. 2022 (18.18) to Dec. 2023 (15.97).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dentsu Group's Inventory Turnover for the three months ended in Dec. 2023 was 5.71.

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. Dentsu Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.

Dentsu Group Days Inventory Historical Data

The historical data trend for Dentsu Group'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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Dentsu Group Days Inventory Chart

Dentsu Group Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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83.41

78.56

74.51

35.00

11.50

Dentsu Group 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															18.18	10.04	14.21	12.67	15.97

Competitive Comparison of Dentsu Group's Days Inventory

For the Advertising Agencies subindustry, Dentsu Group'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.

Dentsu Group's Days Inventory Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Dentsu Group's Days Inventory falls into.

Dentsu Group Days Inventory Calculation

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

Dentsu Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (3670	+	6396)	/	2 )	/	159733	*	365
=	5033					/	159733	*	365
=	11.50

Dentsu Group'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
=	( (6948	+	6396)	/	2 )	/	38120	*	365 / 4
=	6672					/	38120	*	365 / 4
=	15.97

Dentsu Group (TSE:4324) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	38120	/	6672
	=	5.71

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6672	/	369695
	=	0.02

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.

Dentsu Group Days Inventory Related Terms

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

Dentsu Group (TSE:4324) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Dentsu Group Inc (TSE:4324) » Definitions » Days Inventory

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Traded in Other Exchanges

DNTUY:USA DEN:Germany

Address

1-8-1 Higashi Shinbashi, Minato-ku, Tokyo, JPN, 105-7001

Website

https://www.dentsu.com

Dentsu Group Inc is a Japanese international advertising and public relations company that provides communication-related solutions and services such as management and business consulting. Dentsu is one of the world's largest advertising agencies. The company operates through its nine global network brands--Carat, Dentsu, Dentsu media, iProspect, Isobar, mcgarrybowen, MKTG, Posterscope and Vizeum--as well as through its specialist/multi-market brands. It is also active in the production and marketing of sports and entertainment content on a global scale. The company earns a majority of its revenue in Japan, followed by Europe and the Americas, while operating in over 100 countries around the world.

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