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Hokuyaku Takeyama Holdings (SSE:3055) Days Inventory : 26.08 (As of Dec. 2023)


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What is Hokuyaku Takeyama Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hokuyaku Takeyama Holdings's Average Total Inventories for the three months ended in Dec. 2023 was 円19,294 Mil. Hokuyaku Takeyama Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円67,510 Mil. Hence, Hokuyaku Takeyama Holdings's Days Inventory for the three months ended in Dec. 2023 was 26.08.

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

SSE:3055' s Days Inventory Range Over the Past 10 Years
Min: 24.93   Med: 25.57   Max: 27.07
Current: 26.36

During the past 11 years, Hokuyaku Takeyama Holdings's highest Days Inventory was 27.07. The lowest was 24.93. And the median was 25.57.

SSE:3055's Days Inventory is ranked better than
79.57% of 93 companies
in the Medical Distribution industry
Industry Median: 60.88 vs SSE:3055: 26.36

Hokuyaku Takeyama Holdings's Days Inventory increased from Dec. 2022 (25.38) to Dec. 2023 (26.08). It might indicate that Hokuyaku Takeyama Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hokuyaku Takeyama Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 3.50.

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. Hokuyaku Takeyama Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.26.


Hokuyaku Takeyama Holdings Days Inventory Historical Data

The historical data trend for Hokuyaku Takeyama 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.

Hokuyaku Takeyama Holdings Days Inventory Chart

Hokuyaku Takeyama Holdings 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 25.80 25.44 25.62 25.03 25.16

Hokuyaku Takeyama Holdings 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 25.38 28.09 24.50 25.28 26.08

Competitive Comparison of Hokuyaku Takeyama Holdings's Days Inventory

For the Medical Distribution subindustry, Hokuyaku Takeyama 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.


Hokuyaku Takeyama Holdings's Days Inventory Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Hokuyaku Takeyama Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hokuyaku Takeyama Holdings's Days Inventory falls into.



Hokuyaku Takeyama Holdings Days Inventory Calculation

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

Hokuyaku Takeyama 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
=( (15977 + 17389) / 2 ) / 242020*365
=16683 / 242020*365
=25.16

Hokuyaku Takeyama Holdings'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
=( (18520 + 20068) / 2 ) / 67510*365 / 4
=19294 / 67510*365 / 4
=26.08

* 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.


Hokuyaku Takeyama Holdings  (SSE:3055) 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.

Hokuyaku Takeyama Holdings'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.

Hokuyaku Takeyama Holdings'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.


Hokuyaku Takeyama Holdings Days Inventory Related Terms

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


Hokuyaku Takeyama Holdings (SSE:3055) Business Description

Traded in Other Exchanges
N/A
Address
1-5-16 west-chome, Chuo-ku, Sapporo Kita, Hokkaido, JPN, 060-0006
Hokuyaku Takeyama Holdings Inc is a medical device wholesaler. The company also distributes ethical drugs and general-purpose medicines. It offers repair services for medical instruments and manages real estate for physics and chemistry instruments.

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