Taiheiyo Cement (TSE:5233) Days Inventory : 64.35 (As of Dec. 2023)

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What is Taiheiyo Cement Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Taiheiyo Cement's Average Total Inventories for the three months ended in Dec. 2023 was 円129,346 Mil. Taiheiyo Cement's Cost of Goods Sold for the three months ended in Dec. 2023 was 円183,404 Mil. Hence, Taiheiyo Cement's Days Inventory for the three months ended in Dec. 2023 was 64.35.

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

TSE:5233' s Days Inventory Range Over the Past 10 Years
Min: 38.43 Med: 41.37 Max: 71.07
Current: 71.07

During the past 13 years, Taiheiyo Cement's highest Days Inventory was 71.07. The lowest was 38.43. And the median was 41.37.

TSE:5233's Days Inventory is ranked better than
58.81% of 369 companies
in the Building Materials industry
Industry Median: 83.57 vs TSE:5233: 71.07

Taiheiyo Cement's Days Inventory declined from Dec. 2022 (66.77) to Dec. 2023 (64.35).

Inventory Turnover measures how fast the company turns over its inventory within a year. Taiheiyo Cement's Inventory Turnover for the three months ended in Dec. 2023 was 1.42.

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. Taiheiyo Cement's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.54.

Taiheiyo Cement Days Inventory Historical Data

The historical data trend for Taiheiyo Cement'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.

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Taiheiyo Cement Days Inventory Chart

Taiheiyo Cement Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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41.04

41.69

58.08

63.51

68.77

Taiheiyo Cement Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															72.49	79.60	69.44	64.35	64.98

Competitive Comparison of Taiheiyo Cement's Days Inventory

For the Building Materials subindustry, Taiheiyo Cement'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.

Taiheiyo Cement's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiheiyo Cement's Days Inventory distribution charts can be found below:

* The bar in red indicates where Taiheiyo Cement's Days Inventory falls into.

Taiheiyo Cement Days Inventory Calculation

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

Taiheiyo Cement's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (138372	+	123176)	/	2 )	/	694062	*	365
=	130774					/	694062	*	365
=	68.77

Taiheiyo Cement'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
=	( (129822	+	128869)	/	2 )	/	183404	*	365 / 4
=	129345.5					/	183404	*	365 / 4
=	64.35

Taiheiyo Cement (TSE:5233) 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.

Taiheiyo Cement's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	183404	/	129345.5
	=	1.42

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.

Taiheiyo Cement's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	129345.5	/	241620
	=	0.54

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.

Taiheiyo Cement Days Inventory Related Terms

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

Taiheiyo Cement (TSE:5233) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Taiheiyo Cement Corp (TSE:5233) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

THYCF:USA

Address

Daiba Garden City Building, 2-3-5, Daiba, Minato-ku, Tokyo, JPN, 104-8518

Website

http://www.taiheiyo-cement.co.jp

Taiheiyo Cement Corp manufactures and sells construction materials to the building, construction, and infrastructure industries. The company also generates biomass power. The firm organizes itself in six segments based on function and location: Cement, Mineral Resources, Environmental, Construction Materials, Ceramics, and Electronics. The Cement segment, which generates the majority of revenue, sells cement, ready-mix concrete. The Mineral Resources segment extracts and sells limestone and construction materials. The Environmental segment turns waste into power and cement and sells desulfurization products to coal power plants. The majority of revenue is generated in Asia and the United States.

Taiheiyo Cement (TSE:5233) Headlines

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