TOUMEI Co (TSE:4439) Days Inventory : 3.28 (As of Feb. 2024)

View and export this data going back to 2019. Start your Free Trial

What is TOUMEI Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TOUMEI Co's Average Total Inventories for the three months ended in Feb. 2024 was 円138 Mil. TOUMEI Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円3,850 Mil. Hence, TOUMEI Co's Days Inventory for the three months ended in Feb. 2024 was 3.28.

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

TSE:4439' s Days Inventory Range Over the Past 10 Years
Min: 3.24 Med: 4.6 Max: 6.64
Current: 4.69

During the past 7 years, TOUMEI Co's highest Days Inventory was 6.64. The lowest was 3.24. And the median was 4.60.

TSE:4439's Days Inventory is ranked better than
94.88% of 449 companies
in the Conglomerates industry
Industry Median: 73.45 vs TSE:4439: 4.69

TOUMEI Co's Days Inventory declined from Feb. 2023 (6.08) to Feb. 2024 (3.28).

Inventory Turnover measures how fast the company turns over its inventory within a year. TOUMEI Co's Inventory Turnover for the three months ended in Feb. 2024 was 27.84.

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. TOUMEI Co's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.02.

TOUMEI Co Days Inventory Historical Data

The historical data trend for TOUMEI 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.

TOUMEI Co Days Inventory Chart

TOUMEI Co Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Inventory

Get a 7-Day Free Trial

5.65

3.82

3.24

4.08

4.60

TOUMEI Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Inventory	Get a 7-Day Free Trial															6.08	6.73	4.97	4.07	3.28

Competitive Comparison of TOUMEI Co's Days Inventory

For the Conglomerates subindustry, TOUMEI 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.

TOUMEI Co's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, TOUMEI Co's Days Inventory distribution charts can be found below:

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

TOUMEI Co Days Inventory Calculation

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

TOUMEI Co's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

	Days Inventory (A: Aug. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (174.996	+	180.195)	/	2 )	/	14103.921	*	365
=	177.5955					/	14103.921	*	365
=	4.60

TOUMEI Co's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

	Days Inventory (Q: Feb. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (146.251	+	130.343)	/	2 )	/	3849.504	*	365 / 4
=	138.297					/	3849.504	*	365 / 4
=	3.28

TOUMEI Co (TSE:4439) 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.

TOUMEI Co's Inventory Turnover for the three months ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3849.504	/	138.297
	=	27.84

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.

TOUMEI Co's Inventory to Revenue for the three months ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	138.297	/	5668.671
	=	0.02

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.

TOUMEI Co Days Inventory Related Terms

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

TOUMEI Co (TSE:4439) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » TOUMEI Co Ltd (TSE:4439) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-1-39, Hatta chome, Mie Prefecture, Yokkaichi, JPN, 510-0001

Website

https://www.toumei.co.jp

TOUMEI Co Ltd is engaged in Office light 119 business, Office solution business, and Financial Planning Business. The company's services include provision of fiber-optic services and ancillary services, sales of information and communications equipment and environmental products, and provision of web services. It also offers insurance brokerage services.

TOUMEI Co (TSE:4439) Headlines

No Headlines