Days Inventory is also known as Days Sales of Inventory (DSI). Asahi Yukizai's Average Total Inventories for the
three
months ended in Dec. 2023 was 円22,467 Mil. Asahi Yukizai's Cost of Goods Sold for the
three
months ended in Dec. 2023 was 円12,969 Mil.
Hence, Asahi Yukizai's Days Inventory for the
three
months ended in Dec. 2023 was 158.07.
The historical rank and industry rank for Asahi Yukizai's Days Inventory or its related term are showing as below:
TSE:4216'
s Days Inventory Range Over the Past 10 Years
Min: 86.5 Med: 103.06 Max: 144.55
Current: 144.55
During the past 13 years, Asahi Yukizai's highest Days Inventory was 144.55. The lowest was 86.50. And the median was 103.06.
TSE:4216's Days Inventory is ranked worse than 80.72% of 1395
companies
in the Construction industry
Industry Median: 48.64
vs TSE:4216: 144.55
Asahi Yukizai's Days Inventory
increased
from Dec. 2022 (116.37) to Dec. 2023 (158.07).
It might indicate that Asahi Yukizai's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Asahi Yukizai's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.58.
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.
Asahi Yukizai's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.01.
Asahi Yukizai Days Inventory Historical Data
The historical data trend for Asahi Yukizai'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.
Competitive Comparison of Asahi Yukizai's Days Inventory
For the Building Products & Equipment subindustry, Asahi Yukizai'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.
Asahi Yukizai's Days Inventory Distribution in the Construction Industry
For the Construction industry and Industrials sector, Asahi Yukizai's Days Inventory distribution charts can be found below:
* The bar in red indicates where Asahi Yukizai's Days Inventory falls into.
Asahi Yukizai Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Asahi Yukizai's Days Inventory for the fiscal year that ended in Mar. 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.
Asahi Yukizai (TSE:4216) 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.
Asahi Yukizai'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.
Asahi Yukizai'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.
Asahi Yukizai Days Inventory Related Terms
Thank you for viewing the detailed overview of Asahi Yukizai's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Asahi Yukizai Corp engages in the manufacture and sale of industrial resins and piping materials. The firm offers synthetic resin piping material for valves, pipes, fittings, and other locations, as well as the Dymatrix high-performance synthetic resin piping material for LCD- and semiconductor-related systems; and foundry materials and functional resins for casting, molding materials, high functional materials, and others. It also engages in the development and supply of water and thermal resources, including well drilling and geothermal exploitation, and hot spring exploitation; design and construction of water utility facilities and reuse of wastewater; industrial water and wastewater treatment; and provision of public sewage facilities.
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