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Chofu Seisakusho Co (TSE:5946) Days Inventory : 77.80 (As of Dec. 2023)


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What is Chofu Seisakusho Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chofu Seisakusho Co's Average Total Inventories for the three months ended in Dec. 2023 was 円8,877 Mil. Chofu Seisakusho Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円10,412 Mil. Hence, Chofu Seisakusho Co's Days Inventory for the three months ended in Dec. 2023 was 77.80.

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

TSE:5946' s Days Inventory Range Over the Past 10 Years
Min: 59.95   Med: 67.55   Max: 91.61
Current: 91.61

During the past 13 years, Chofu Seisakusho Co's highest Days Inventory was 91.61. The lowest was 59.95. And the median was 67.55.

TSE:5946's Days Inventory is ranked better than
56.62% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.505 vs TSE:5946: 91.61

Chofu Seisakusho Co's Days Inventory increased from Dec. 2022 (75.10) to Dec. 2023 (77.80). It might indicate that Chofu Seisakusho Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chofu Seisakusho Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.17.

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. Chofu Seisakusho Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.64.


Chofu Seisakusho Co Days Inventory Historical Data

The historical data trend for Chofu Seisakusho 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.

Chofu Seisakusho Co Days Inventory Chart

Chofu Seisakusho Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.05 73.14 71.22 75.95 84.59

Chofu Seisakusho Co 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 75.10 88.79 106.23 104.89 77.80

Competitive Comparison of Chofu Seisakusho Co's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Chofu Seisakusho 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.


Chofu Seisakusho Co's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Chofu Seisakusho Co's Days Inventory distribution charts can be found below:

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



Chofu Seisakusho Co Days Inventory Calculation

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

Chofu Seisakusho Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (8895 + 8091) / 2 ) / 36646*365
=8493 / 36646*365
=84.59

Chofu Seisakusho Co'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
=( (9663 + 8091) / 2 ) / 10412*365 / 4
=8877 / 10412*365 / 4
=77.80

* 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.


Chofu Seisakusho Co  (TSE:5946) 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.

Chofu Seisakusho Co'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.

Chofu Seisakusho Co'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.


Chofu Seisakusho Co Days Inventory Related Terms

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


Chofu Seisakusho Co (TSE:5946) Business Description

Traded in Other Exchanges
N/A
Address
2-1 Chofuogimachi, Shimonoseki-shi, YMC, JPN, 752-8555
Chofu Seisakusho Co Ltd is a Japanese manufacturing company that produces and sells water heaters, air conditioners, heat pump systems, solar equipment, and commercial equipment. It operates solely across Japan. These operations are divided among its sales and marketing, manufacturing and engineering, research and development, and quality control activities.

Chofu Seisakusho Co (TSE:5946) Headlines

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