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Techno Quartz (TSE:5217) Days Inventory : 193.45 (As of Dec. 2023)


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What is Techno Quartz Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Techno Quartz's Average Total Inventories for the three months ended in Dec. 2023 was 円6,116 Mil. Techno Quartz's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,885 Mil. Hence, Techno Quartz's Days Inventory for the three months ended in Dec. 2023 was 193.45.

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

TSE:5217' s Days Inventory Range Over the Past 10 Years
Min: 94.34   Med: 111.77   Max: 176.45
Current: 176.45

During the past 13 years, Techno Quartz's highest Days Inventory was 176.45. The lowest was 94.34. And the median was 111.77.

TSE:5217's Days Inventory is ranked worse than
68.62% of 940 companies
in the Semiconductors industry
Industry Median: 130.36 vs TSE:5217: 176.45

Techno Quartz's Days Inventory increased from Dec. 2022 (127.05) to Dec. 2023 (193.45). It might indicate that Techno Quartz's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Techno Quartz's Inventory Turnover for the three months ended in Dec. 2023 was 0.47.

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. Techno Quartz's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.41.


Techno Quartz Days Inventory Historical Data

The historical data trend for Techno Quartz'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.

Techno Quartz Days Inventory Chart

Techno Quartz Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.29 127.62 105.32 103.68 116.51

Techno Quartz 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 127.05 139.52 188.21 198.14 193.45

Competitive Comparison of Techno Quartz's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Techno Quartz'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.


Techno Quartz's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Techno Quartz's Days Inventory distribution charts can be found below:

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



Techno Quartz Days Inventory Calculation

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

Techno Quartz'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
=( (3390.931 + 5565.818) / 2 ) / 14029.703*365
=4478.3745 / 14029.703*365
=116.51

Techno Quartz'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
=( (6141.96 + 6090.953) / 2 ) / 2885.139*365 / 4
=6116.4565 / 2885.139*365 / 4
=193.45

* 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.


Techno Quartz  (TSE:5217) 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.

Techno Quartz'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.

Techno Quartz'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.


Techno Quartz Days Inventory Related Terms

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


Techno Quartz (TSE:5217) Business Description

Traded in Other Exchanges
N/A
Address
1-32-2 Honcho, Harmony Tower 12th floor, Nakano-ku, Tokyo, JPN, 164-0012
Techno Quartz Inc is engaged in the manufacturing of semiconductors, LCD, and optics. The products of the company include vertical quartz boat, bell jar, gas distribution plate, and quartz ring.

Techno Quartz (TSE:5217) Headlines

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