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Taisho Pharmaceutical Holdings Co (TSE:4581) Days Inventory : 155.84 (As of Dec. 2023)


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What is Taisho Pharmaceutical Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Taisho Pharmaceutical Holdings Co's Average Total Inventories for the three months ended in Dec. 2023 was 円63,356 Mil. Taisho Pharmaceutical Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円37,097 Mil. Hence, Taisho Pharmaceutical Holdings Co's Days Inventory for the three months ended in Dec. 2023 was 155.84.

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

TSE:4581' s Days Inventory Range Over the Past 10 Years
Min: 86.84   Med: 107.43   Max: 159.6
Current: 151.56

During the past 13 years, Taisho Pharmaceutical Holdings Co's highest Days Inventory was 159.60. The lowest was 86.84. And the median was 107.43.

TSE:4581's Days Inventory is ranked better than
52.31% of 973 companies
in the Drug Manufacturers industry
Industry Median: 157.96 vs TSE:4581: 151.56

Taisho Pharmaceutical Holdings Co's Days Inventory increased from Dec. 2022 (132.10) to Dec. 2023 (155.84). It might indicate that Taisho Pharmaceutical Holdings Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Taisho Pharmaceutical Holdings Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.59.

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. Taisho Pharmaceutical Holdings Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.76.


Taisho Pharmaceutical Holdings Co Days Inventory Historical Data

The historical data trend for Taisho Pharmaceutical 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.

Taisho Pharmaceutical Holdings Co Days Inventory Chart

Taisho Pharmaceutical 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 112.77 122.72 154.45 159.60 145.11

Taisho Pharmaceutical 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 132.10 141.40 156.63 156.16 155.84

Competitive Comparison of Taisho Pharmaceutical Holdings Co's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Taisho Pharmaceutical 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.


Taisho Pharmaceutical Holdings Co's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Taisho Pharmaceutical Holdings Co's Days Inventory distribution charts can be found below:

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



Taisho Pharmaceutical Holdings Co Days Inventory Calculation

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

Taisho Pharmaceutical 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
=( (44891 + 53331) / 2 ) / 123531*365
=49111 / 123531*365
=145.11

Taisho Pharmaceutical 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
=( (62773 + 63939) / 2 ) / 37097*365 / 4
=63356 / 37097*365 / 4
=155.84

* 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.


Taisho Pharmaceutical Holdings Co  (TSE:4581) 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.

Taisho Pharmaceutical 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.

Taisho Pharmaceutical 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.


Taisho Pharmaceutical Holdings Co Days Inventory Related Terms

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


Taisho Pharmaceutical Holdings Co (TSE:4581) Business Description

Traded in Other Exchanges
Address
3-24-1 Takada, Toshima-ku, Tokyo, JPN, 170-8655
Taisho Pharmaceutical Holding Co Ltd is a specialty and generic drug manufacturing company. The company maintains two operational segments, Self-Medication and Prescription Pharmaceuticals. The vast majority of Taisho's revenue is derived from its Self-Medication segment. The company considers merger and acquisition investment as a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities. The vast majority of sales are generated by sales to external customers in Japan.

Taisho Pharmaceutical Holdings Co (TSE:4581) Headlines

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