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Tokyo Chuo Auction Holdings (HKSE:01939) Days Inventory : 8,686.17 (As of Sep. 2023)


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What is Tokyo Chuo Auction Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tokyo Chuo Auction Holdings's Average Total Inventories for the six months ended in Sep. 2023 was HK$128.17 Mil. Tokyo Chuo Auction Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$2.69 Mil. Hence, Tokyo Chuo Auction Holdings's Days Inventory for the six months ended in Sep. 2023 was 8,686.17.

The historical rank and industry rank for Tokyo Chuo Auction Holdings's Days Inventory or its related term are showing as below:

HKSE:01939' s Days Inventory Range Over the Past 10 Years
Min: 157.14   Med: 316   Max: 4200.4
Current: 3331.17

During the past 8 years, Tokyo Chuo Auction Holdings's highest Days Inventory was 4200.40. The lowest was 157.14. And the median was 316.00.

HKSE:01939's Days Inventory is ranked worse than
99.53% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs HKSE:01939: 3331.17

Tokyo Chuo Auction Holdings's Days Inventory increased from Sep. 2022 (3,025.61) to Sep. 2023 (8,686.17). It might indicate that Tokyo Chuo Auction Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tokyo Chuo Auction Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 0.02.

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. Tokyo Chuo Auction Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 3.98.


Tokyo Chuo Auction Holdings Days Inventory Historical Data

The historical data trend for Tokyo Chuo Auction Holdings'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.

Tokyo Chuo Auction Holdings Days Inventory Chart

Tokyo Chuo Auction Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial 200.96 431.03 2,752.76 4,200.40 2,495.84

Tokyo Chuo Auction Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 6,441.11 3,000.78 3,025.61 2,071.50 8,686.17

Competitive Comparison of Tokyo Chuo Auction Holdings's Days Inventory

For the Specialty Retail subindustry, Tokyo Chuo Auction Holdings'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.


Tokyo Chuo Auction Holdings's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tokyo Chuo Auction Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tokyo Chuo Auction Holdings's Days Inventory falls into.



Tokyo Chuo Auction Holdings Days Inventory Calculation

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

Tokyo Chuo Auction Holdings'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
=( (136.624 + 129.248) / 2 ) / 19.441*365
=132.936 / 19.441*365
=2,495.84

Tokyo Chuo Auction Holdings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (129.248 + 127.101) / 2 ) / 2.693*365 / 2
=128.1745 / 2.693*365 / 2
=8,686.17

* 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.


Tokyo Chuo Auction Holdings  (HKSE:01939) 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.

Tokyo Chuo Auction Holdings's Inventory Turnover for the six months ended in Sep. 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.

Tokyo Chuo Auction Holdings's Inventory to Revenue for the six months ended in Sep. 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.


Tokyo Chuo Auction Holdings Days Inventory Related Terms

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


Tokyo Chuo Auction Holdings (HKSE:01939) Business Description

Traded in Other Exchanges
N/A
Address
3-7-5 Kyobashi, Chou-Ku, 2nd and 3rd Floor, Kyobashi Square, Tokyo, JPN, 104-0031
Tokyo Chuo Auction Holdings Ltd is an investment holding company. The company's operating segment includes the Operation of art auction and related business and Artwork sales. The company is in auctioneering a wide variety of artworks with emphasis on Chinese and Japanese artworks, including Chinese paintings and calligraphies, Chinese antiques and Japanese and Chinese teawares. It generates maximum revenue from the Operation of art auction and related business and Artwork sales segment. Geographically, it derives a majority of revenue from Japan.

Tokyo Chuo Auction Holdings (HKSE:01939) Headlines

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