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NEC Networks & System Integration (TSE:1973) Days Inventory : 14.59 (As of Mar. 2024)


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What is NEC Networks & System Integration Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NEC Networks & System Integration's Average Total Inventories for the three months ended in Mar. 2024 was 円13,671 Mil. NEC Networks & System Integration's Cost of Goods Sold for the three months ended in Mar. 2024 was 円85,492 Mil. Hence, NEC Networks & System Integration's Days Inventory for the three months ended in Mar. 2024 was 14.59.

The historical rank and industry rank for NEC Networks & System Integration's Days Inventory or its related term are showing as below:

TSE:1973' s Days Inventory Range Over the Past 10 Years
Min: 13.65   Med: 16.42   Max: 19.29
Current: 18.66

During the past 13 years, NEC Networks & System Integration's highest Days Inventory was 19.29. The lowest was 13.65. And the median was 16.42.

TSE:1973's Days Inventory is ranked better than
51.12% of 1563 companies
in the Software industry
Industry Median: 19.71 vs TSE:1973: 18.66

NEC Networks & System Integration's Days Inventory declined from Mar. 2023 (19.67) to Mar. 2024 (14.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. NEC Networks & System Integration's Inventory Turnover for the three months ended in Mar. 2024 was 6.25.

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. NEC Networks & System Integration's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.12.


NEC Networks & System Integration Days Inventory Historical Data

The historical data trend for NEC Networks & System Integration'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.

NEC Networks & System Integration Days Inventory Chart

NEC Networks & System Integration 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 19.29 16.36 16.48 19.28 18.13

NEC Networks & System Integration 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 19.67 24.29 20.57 17.66 14.59

Competitive Comparison of NEC Networks & System Integration's Days Inventory

For the Information Technology Services subindustry, NEC Networks & System Integration'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.


NEC Networks & System Integration's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, NEC Networks & System Integration's Days Inventory distribution charts can be found below:

* The bar in red indicates where NEC Networks & System Integration's Days Inventory falls into.



NEC Networks & System Integration Days Inventory Calculation

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

NEC Networks & System Integration'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
=( (16083 + 12552) / 2 ) / 288277*365
=14317.5 / 288277*365
=18.13

NEC Networks & System Integration'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
=( (14790 + 12552) / 2 ) / 85492*365 / 4
=13671 / 85492*365 / 4
=14.59

* 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.


NEC Networks & System Integration  (TSE:1973) 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.

NEC Networks & System Integration'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.

NEC Networks & System Integration'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.


NEC Networks & System Integration Days Inventory Related Terms

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NEC Networks & System Integration (TSE:1973) Business Description

Traded in Other Exchanges
N/A
Address
2-6-1 Koraku, Bunkyo-ku, Iidabashi First Tower, Tokyo, JPN, 112-8560
NEC Networks and System Integration Corp provides a variety of information technology, or IT, services. The company also sells IT products, which include servers, video conferencing systems, network systems, security systems, and software. The firm's range of services includes office space design, cloud computing, communication, networks, security, energy conservation, public IT infrastructure, and supporting services. More revenue comes from the sale of network-related products and services than any other IT product or service. The vast majority of revenue comes from Japan.

NEC Networks & System Integration (TSE:1973) Headlines

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