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Rakus Co (TSE:3923) Days Inventory : 0.36 (As of Dec. 2023)


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What is Rakus Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rakus Co's Average Total Inventories for the three months ended in Dec. 2023 was 円11 Mil. Rakus Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,781 Mil. Hence, Rakus Co's Days Inventory for the three months ended in Dec. 2023 was 0.36.

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

TSE:3923' s Days Inventory Range Over the Past 10 Years
Min: 0.29   Med: 0.69   Max: 1.74
Current: 0.39

During the past 9 years, Rakus Co's highest Days Inventory was 1.74. The lowest was 0.29. And the median was 0.69.

TSE:3923's Days Inventory is ranked better than
93.67% of 1563 companies
in the Software industry
Industry Median: 19.71 vs TSE:3923: 0.39

Rakus Co's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (0.36). It might indicate that Rakus Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rakus Co's Inventory Turnover for the three months ended in Dec. 2023 was 252.82.

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. Rakus Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Rakus Co Days Inventory Historical Data

The historical data trend for Rakus 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.

Rakus Co Days Inventory Chart

Rakus Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 0.65 0.41 0.29 - -

Rakus Co 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 - - - 0.36 0.36

Competitive Comparison of Rakus Co's Days Inventory

For the Information Technology Services subindustry, Rakus 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.


Rakus Co's Days Inventory Distribution in the Software Industry

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

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



Rakus Co Days Inventory Calculation

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

Rakus Co'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
=( (0 + 0) / 1 ) / 8622*365
=0 / 8622*365
=0.00

Rakus Co'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
=( (11 + 0) / 1 ) / 2781*365 / 4
=11 / 2781*365 / 4
=0.36

* 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.


Rakus Co  (TSE:3923) 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.

Rakus Co'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.

Rakus Co'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.


Rakus Co Days Inventory Related Terms

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


Rakus Co (TSE:3923) Business Description

Traded in Other Exchanges
N/A
Address
5 - 27 - 11 Sendagaya Shibuya Ward, Aggreg Square Shinjuku 2nd Floor, 3rd Floor, Tokyo, JPN, 151-0051
Rakus Co Ltd provides information technology services in Japan. The Company's services include cloud services and email management software. The cloud services include the development and sales of transportation expenses, mail sharing and unified management system, mail delivery system and others. The dispatch of IT engineers services mainly provides employee dispatching services specializing in IT engineer, providing services includes Java system development, infrastructure construction and operation, and others.

Rakus Co (TSE:3923) Headlines

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