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CAREERLINK CO (TSE:6070) Days Inventory : 0.24 (As of Dec. 2023)


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What is CAREERLINK CO Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CAREERLINK CO's Average Total Inventories for the three months ended in Dec. 2023 was 円22 Mil. CAREERLINK CO's Cost of Goods Sold for the three months ended in Dec. 2023 was 円8,232 Mil. Hence, CAREERLINK CO's Days Inventory for the three months ended in Dec. 2023 was 0.24.

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

TSE:6070' s Days Inventory Range Over the Past 10 Years
Min: 0.06   Med: 1.9   Max: 4.92
Current: 0.18

During the past 10 years, CAREERLINK CO's highest Days Inventory was 4.92. The lowest was 0.06. And the median was 1.90.

TSE:6070's Days Inventory is ranked better than
97.94% of 679 companies
in the Business Services industry
Industry Median: 29.67 vs TSE:6070: 0.18

CAREERLINK CO's Days Inventory increased from Dec. 2022 (0.13) to Dec. 2023 (0.24). It might indicate that CAREERLINK CO's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CAREERLINK CO's Inventory Turnover for the three months ended in Dec. 2023 was 372.74.

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. CAREERLINK CO's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


CAREERLINK CO Days Inventory Historical Data

The historical data trend for CAREERLINK 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.

CAREERLINK CO Days Inventory Chart

CAREERLINK CO Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 0.88 0.06 2.67 4.92

CAREERLINK CO Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 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 0.13 0.16 0.11 0.09 0.24

Competitive Comparison of CAREERLINK CO's Days Inventory

For the Staffing & Employment Services subindustry, CAREERLINK 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.


CAREERLINK CO's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CAREERLINK CO's Days Inventory distribution charts can be found below:

* The bar in red indicates where CAREERLINK CO's Days Inventory falls into.



CAREERLINK CO Days Inventory Calculation

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

CAREERLINK CO's Days Inventory for the fiscal year that ended in Feb. 2021 is calculated as

Days Inventory (A: Feb. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2020 ) + Total Inventories (A: Feb. 2021 )) / count ) / Cost of Goods Sold (A: Feb. 2021 )*Days in Period
=( (248.052 + 392.138) / 2 ) / 23761.618*365
=320.095 / 23761.618*365
=4.92

CAREERLINK 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
=( (6.963 + 37.209) / 2 ) / 8232.435*365 / 4
=22.086 / 8232.435*365 / 4
=0.24

* 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.


CAREERLINK CO  (TSE:6070) 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.

CAREERLINK 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.

CAREERLINK 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.


CAREERLINK CO Days Inventory Related Terms

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


CAREERLINK CO (TSE:6070) Business Description

Traded in Other Exchanges
N/A
Address
33rd Floor, Shinjuku Mitsui Building, 2-1-1, Nishi Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0433
CAREERLINK CO LTD provides human resources services in Japan. The company offers temporary staffing and outsourcing services for manufacturing and distribution companies. It supplies temporary workers for office work; helps companies with recruiting office workers; and performs outsourced tasks and provides other services. Its business comprises of BPO related business, CRM related business, General administrative business and Cleaning business of food processing, manufacturing processing buildings and hotels.

CAREERLINK CO (TSE:6070) Headlines

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