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Life (TSE:8194) Days Inventory : 19.20 (As of Nov. 2023)


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What is Life Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Life's Average Total Inventories for the three months ended in Nov. 2023 was 円28,047 Mil. Life's Cost of Goods Sold for the three months ended in Nov. 2023 was 円133,308 Mil. Hence, Life's Days Inventory for the three months ended in Nov. 2023 was 19.20.

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

TSE:8194' s Days Inventory Range Over the Past 10 Years
Min: 16.86   Med: 17.96   Max: 18.93
Current: 18.8

During the past 13 years, Life's highest Days Inventory was 18.93. The lowest was 16.86. And the median was 17.96.

TSE:8194's Days Inventory is ranked better than
79.14% of 302 companies
in the Retail - Defensive industry
Industry Median: 36.205 vs TSE:8194: 18.80

Life's Days Inventory increased from Nov. 2022 (18.53) to Nov. 2023 (19.20). It might indicate that Life's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Life's Inventory Turnover for the three months ended in Nov. 2023 was 4.75.

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. Life's Inventory-to-Revenue for the three months ended in Nov. 2023 was 0.14.


Life Days Inventory Historical Data

The historical data trend for Life'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.

Life Days Inventory Chart

Life Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.09 16.94 16.86 18.00 18.49

Life Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 18.52 18.84 18.35 19.20 19.14

Competitive Comparison of Life's Days Inventory

For the Grocery Stores subindustry, Life'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.


Life's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Life's Days Inventory distribution charts can be found below:

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



Life Days Inventory Calculation

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

Life's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

Days Inventory (A: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (26061 + 28173) / 2 ) / 535285*365
=27117 / 535285*365
=18.49

Life's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

Days Inventory (Q: Nov. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Nov. 2023 )) / count ) / Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=( (27143 + 28950) / 2 ) / 133308*365 / 4
=28046.5 / 133308*365 / 4
=19.20

* 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.


Life  (TSE:8194) 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.

Life's Inventory Turnover for the three months ended in Nov. 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.

Life's Inventory to Revenue for the three months ended in Nov. 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.


Life Days Inventory Related Terms

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


Life (TSE:8194) Business Description

Traded in Other Exchanges
N/A
Address
1-2-16 Taito, Taito- ku, Tokyo, JPN, 110-0016
Life Corp is a Japanese supermarket chain operator. The company is domiciled in Japan and generates the majority of revenue domestically. Life Corporation operates stores in Osaka, Tokyo, Hyogo, Kyoto, Nara, Saitama, Chiba, and Kanagawa, and derives the majority of revenue from stores located in Osaka and Tokyo. The company's supermarkets focus on the retail of seafood products, bakery products, food products, fresh fruit and vegetables, meat products, clothing, toilet paper, and craft products. The supermarkets carry a private-label brand of packaged foods.

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