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OBIC Business Consultants Co (TSE:4733) Days Inventory : 6.06 (As of Mar. 2024)


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What is OBIC Business Consultants Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). OBIC Business Consultants Co's Average Total Inventories for the three months ended in Mar. 2024 was 円136 Mil. OBIC Business Consultants Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円2,053 Mil. Hence, OBIC Business Consultants Co's Days Inventory for the three months ended in Mar. 2024 was 6.06.

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

TSE:4733' s Days Inventory Range Over the Past 10 Years
Min: 6.93   Med: 14.99   Max: 24.6
Current: 7.25

During the past 13 years, OBIC Business Consultants Co's highest Days Inventory was 24.60. The lowest was 6.93. And the median was 14.99.

TSE:4733's Days Inventory is ranked better than
66.56% of 1561 companies
in the Software industry
Industry Median: 19.61 vs TSE:4733: 7.25

OBIC Business Consultants Co's Days Inventory declined from Mar. 2023 (9.02) to Mar. 2024 (6.06).

Inventory Turnover measures how fast the company turns over its inventory within a year. OBIC Business Consultants Co's Inventory Turnover for the three months ended in Mar. 2024 was 15.05.

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. OBIC Business Consultants Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.01.


OBIC Business Consultants Co Days Inventory Historical Data

The historical data trend for OBIC Business Consultants 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.

OBIC Business Consultants Co Days Inventory Chart

OBIC Business Consultants Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.85 15.36 12.45 10.84 6.93

OBIC Business Consultants 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 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 9.02 9.17 7.70 6.80 6.06

Competitive Comparison of OBIC Business Consultants Co's Days Inventory

For the Information Technology Services subindustry, OBIC Business Consultants 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.


OBIC Business Consultants Co's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, OBIC Business Consultants Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where OBIC Business Consultants Co's Days Inventory falls into.



OBIC Business Consultants Co Days Inventory Calculation

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

OBIC Business Consultants 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
=( (156.155 + 132.755) / 2 ) / 7612.89*365
=144.455 / 7612.89*365
=6.93

OBIC Business Consultants Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (140.132 + 132.755) / 2 ) / 2053.103*365 / 4
=136.4435 / 2053.103*365 / 4
=6.06

* 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.


OBIC Business Consultants Co  (TSE:4733) 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.

OBIC Business Consultants Co's Inventory Turnover for the three months ended in Mar. 2024 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.

OBIC Business Consultants Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


OBIC Business Consultants Co Days Inventory Related Terms

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


OBIC Business Consultants Co (TSE:4733) Business Description

Traded in Other Exchanges
N/A
Address
8-1 Nishi-Shinjuku 6-Chome, Shinjuku-Ku, Tokyo, JPN, 1630480
OBIC Business Consultants Co., Ltd. Is engaged in providing services such as maintenance and introduction guidance for development and sales of products of business solution technology, and IT solution technology. The company focuses on medium-sized enterprises and, medium and small-sized companies.

OBIC Business Consultants Co (TSE:4733) Headlines

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