Fixstars (TSE:3687) Days Inventory : 1.84 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Fixstars Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fixstars's Average Total Inventories for the three months ended in Mar. 2024 was 円19 Mil. Fixstars's Cost of Goods Sold for the three months ended in Mar. 2024 was 円931 Mil. Hence, Fixstars's Days Inventory for the three months ended in Mar. 2024 was 1.84.

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

TSE:3687' s Days Inventory Range Over the Past 10 Years
Min: 0.69 Med: 2.32 Max: 32.05
Current: 1.21

During the past 11 years, Fixstars's highest Days Inventory was 32.05. The lowest was 0.69. And the median was 2.32.

TSE:3687's Days Inventory is ranked better than
86.12% of 1563 companies
in the Software industry
Industry Median: 18.88 vs TSE:3687: 1.21

Fixstars's Days Inventory declined from Mar. 2023 (2.62) to Mar. 2024 (1.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fixstars's Inventory Turnover for the three months ended in Mar. 2024 was 49.64.

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. Fixstars's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.01.

Fixstars Days Inventory Historical Data

The historical data trend for Fixstars'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.

Fixstars Days Inventory Chart

Fixstars Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

Get a 7-Day Free Trial

1.69

0.80

0.77

0.96

0.69

Fixstars 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															2.62	0.87	1.07	1.03	1.84

Competitive Comparison of Fixstars's Days Inventory

For the Software - Application subindustry, Fixstars'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.

Fixstars's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Fixstars's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fixstars's Days Inventory falls into.

Fixstars Days Inventory Calculation

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

Fixstars's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (7.728	+	5.368)	/	2 )	/	3463.388	*	365
=	6.548					/	3463.388	*	365
=	0.69

Fixstars'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
=	( (14.965	+	22.551)	/	2 )	/	931.125	*	365 / 4
=	18.758					/	931.125	*	365 / 4
=	1.84

Fixstars (TSE:3687) 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.

Fixstars's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	931.125	/	18.758
	=	49.64

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.

Fixstars's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18.758	/	2052.172
	=	0.01

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.

Fixstars Days Inventory Related Terms

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

Fixstars (TSE:3687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fixstars Corp (TSE:3687) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-11-1 Ohsaki, Shinagawa-Ku, Gate City Ohsaki West Tower 18Floor, Tokyo, JPN, 141-0032

Website

http://www.fixstars.com

Fixstars Corp is a Japan based software company. It offers multicore processors and application acceleration for the next generation of memory technology that delivers high speed IO as well as power savings. The solutions offered by the company are quantum computing, IoT, machine learning and FPGA. It operates in the business areas of Automotive, Flash storage, Industrial equipment, Finance, Healthcare and HPC. The company's products are M-cubed, Geometric Performance Primitives, FlashAir and Yellow Dog Appliance Server.

Fixstars (TSE:3687) Headlines

No Headlines