Tokyu Fudosan Holdings (TSE:3289) Days Inventory : 425.69 (As of Dec. 2023)

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What is Tokyu Fudosan Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tokyu Fudosan Holdings's Average Total Inventories for the three months ended in Dec. 2023 was 円876,604 Mil. Tokyu Fudosan Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円187,907 Mil. Hence, Tokyu Fudosan Holdings's Days Inventory for the three months ended in Dec. 2023 was 425.69.

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

TSE:3289' s Days Inventory Range Over the Past 10 Years
Min: 131.12 Med: 259.93 Max: 351.09
Current: 347.51

During the past 13 years, Tokyu Fudosan Holdings's highest Days Inventory was 351.09. The lowest was 131.12. And the median was 259.93.

TSE:3289's Days Inventory is ranked better than
65.56% of 1327 companies
in the Real Estate industry
Industry Median: 697.68 vs TSE:3289: 347.51

Tokyu Fudosan Holdings's Days Inventory declined from Dec. 2022 (442.86) to Dec. 2023 (425.69).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tokyu Fudosan Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 0.21.

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. Tokyu Fudosan Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 3.86.

Tokyu Fudosan Holdings Days Inventory Historical Data

The historical data trend for Tokyu Fudosan 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.

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Tokyu Fudosan Holdings Days Inventory Chart

Tokyu Fudosan Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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274.90

300.34

335.50

333.37

351.09

Tokyu Fudosan 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															442.86	249.49	366.53	385.67	425.69

Competitive Comparison of Tokyu Fudosan Holdings's Days Inventory

For the Real Estate - Diversified subindustry, Tokyu Fudosan 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.

Tokyu Fudosan Holdings's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tokyu Fudosan Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tokyu Fudosan Holdings's Days Inventory falls into.

Tokyu Fudosan Holdings Days Inventory Calculation

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

Tokyu Fudosan 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
=	( (758978	+	796776)	/	2 )	/	808685	*	365
=	777877					/	808685	*	365
=	351.09

Tokyu Fudosan 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
=	( (830047	+	923160)	/	2 )	/	187907	*	365 / 4
=	876603.5					/	187907	*	365 / 4
=	425.69

Tokyu Fudosan Holdings (TSE:3289) 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.

Tokyu Fudosan Holdings's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	187907	/	876603.5
	=	0.21

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.

Tokyu Fudosan Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	876603.5	/	227125
	=	3.86

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.

Tokyu Fudosan Holdings Days Inventory Related Terms

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

Tokyu Fudosan Holdings (TSE:3289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tokyu Fudosan Holdings Corp (TSE:3289) » Definitions » Days Inventory

Comparable Companies

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TTUUF:USA

Address

Shin-nanpeidai Tokyu Building, Dogenzaka 1-21-2, Shibuya-ku, Tokyo, JPN

Website

http://www.tokyu-fudosan-hd.co.jp

Tokyu Fudosan Holdings Corp engages in the management and administration of a host of businesses. The business that compose Tokyu Fudosan Holdings operate in the following business segments: urban development, residential, wellness, innovation, property management, real estate agency, and tokyu hands. Altogether, the group develops, leases, and operates office buildings, commercial facilities, rental residences, and other properties. Tokyu's host of businesses also engage in management and operation of resort facilities, sports clubs, and senior housing. Businesses like the innovation segment serve as a complement and include overseas operations, custom homes, renovation, and landscaping.

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