Days Inventory is also known as Days Sales of Inventory (DSI). Sanix's Average Total Inventories for the
three
months ended in Dec. 2023 was 円3,807 Mil. Sanix's Cost of Goods Sold for the
three
months ended in Dec. 2023 was 円7,235 Mil.
Hence, Sanix's Days Inventory for the
three
months ended in Dec. 2023 was 48.01.
The historical rank and industry rank for Sanix's Days Inventory or its related term are showing as below:
TSE:4651'
s Days Inventory Range Over the Past 10 Years
Min: 27.03 Med: 42.02 Max: 66.16
Current: 43.98
During the past 13 years, Sanix's highest Days Inventory was 66.16. The lowest was 27.03. And the median was 42.02.
TSE:4651's Days Inventory is ranked worse than 66.35% of 211
companies
in the Waste Management industry
Industry Median: 22.94
vs TSE:4651: 43.98
Sanix's Days Inventory
increased
from Dec. 2022 (40.56) to Dec. 2023 (48.01).
It might indicate that Sanix's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sanix's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.90.
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.
Sanix's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.33.
Sanix Days Inventory Historical Data
The historical data trend for Sanix'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.
For the Waste Management subindustry, Sanix'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.
Sanix's Days Inventory Distribution in the Waste Management Industry
For the Waste Management industry and Industrials sector, Sanix's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sanix's Days Inventory falls into.
Sanix Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sanix's Days Inventory for the fiscal year that ended in Mar. 2024 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.
Sanix (TSE:4651) 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.
Sanix'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.
Sanix'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.
Sanix Days Inventory Related Terms
Thank you for viewing the detailed overview of Sanix's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sanix Inc is engaged in developing and implementing sanitation management works. The company converts industrial waste plastics into fuel, which are used for generating electricity at Tomakomai Power Plant and others around Japan. It operates in five divisions namely, Solar Engineering that installs PV systems on idle land and rooftops of buildings and factories; Establishment Sanitation that provides total sanitation management and maintenance of water supply systems and pest control for food processing plants and restaurants; Home Sanitation that protects wooden residential houses from decay by moisture caused by humidity or flooding, and from pests like termites and mould; Energy Business Division and Environmental Resources Development.
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