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Kaneko Seeds Co (TSE:1376) Days Inventory : 97.00 (As of Feb. 2024)


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What is Kaneko Seeds Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kaneko Seeds Co's Average Total Inventories for the three months ended in Feb. 2024 was 円10,661 Mil. Kaneko Seeds Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円10,028 Mil. Hence, Kaneko Seeds Co's Days Inventory for the three months ended in Feb. 2024 was 97.00.

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

TSE:1376' s Days Inventory Range Over the Past 10 Years
Min: 44.78   Med: 54.98   Max: 74.37
Current: 74.37

During the past 13 years, Kaneko Seeds Co's highest Days Inventory was 74.37. The lowest was 44.78. And the median was 54.98.

TSE:1376's Days Inventory is ranked better than
71.18% of 229 companies
in the Agriculture industry
Industry Median: 110.04 vs TSE:1376: 74.37

Kaneko Seeds Co's Days Inventory declined from Feb. 2023 (105.50) to Feb. 2024 (97.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kaneko Seeds Co's Inventory Turnover for the three months ended in Feb. 2024 was 0.94.

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. Kaneko Seeds Co's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.90.


Kaneko Seeds Co Days Inventory Historical Data

The historical data trend for Kaneko Seeds 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.

Kaneko Seeds Co Days Inventory Chart

Kaneko Seeds Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.01 62.02 59.05 61.71 67.21

Kaneko Seeds Co 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 105.50 51.59 78.14 80.10 97.00

Competitive Comparison of Kaneko Seeds Co's Days Inventory

For the Agricultural Inputs subindustry, Kaneko Seeds 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.


Kaneko Seeds Co's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Kaneko Seeds Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kaneko Seeds Co's Days Inventory falls into.



Kaneko Seeds Co Days Inventory Calculation

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

Kaneko Seeds Co's Days Inventory for the fiscal year that ended in May. 2023 is calculated as

Days Inventory (A: May. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2022 ) + Total Inventories (A: May. 2023 )) / count ) / Cost of Goods Sold (A: May. 2023 )*Days in Period
=( (9165.22 + 10231.778) / 2 ) / 52671.748*365
=9698.499 / 52671.748*365
=67.21

Kaneko Seeds Co's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (9547.042 + 11774.503) / 2 ) / 10028.474*365 / 4
=10660.7725 / 10028.474*365 / 4
=97.00

* 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.


Kaneko Seeds Co  (TSE:1376) 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.

Kaneko Seeds Co's Inventory Turnover for the three months ended in Feb. 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.

Kaneko Seeds Co's Inventory to Revenue for the three months ended in Feb. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=10660.7725 / 11834.074
=0.90

* 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.


Kaneko Seeds Co Days Inventory Related Terms

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


Kaneko Seeds Co (TSE:1376) Business Description

Traded in Other Exchanges
N/A
Address
50-12 Furuichi-machi 1-chome, Gunma prefecture, Maebashi-shi, JPN, 371-8503
Kaneko Seeds Co., Ltd. is engaged in agribusiness. It has two product categories: vegetables and flowers. Its products include vegetables, flower seeds, and garden supplies. In addition, the company sells greenhouse materials; develops hydroponic systems; and designs and constructs parks, among others. It operates in Japan, the Philippines, Thailand, and Turkey.

Kaneko Seeds Co (TSE:1376) Headlines

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