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Sato Holdings (TSE:6287) Days Inventory : 114.26 (As of Dec. 2023)


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What is Sato Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sato Holdings's Average Total Inventories for the three months ended in Dec. 2023 was 円27,279 Mil. Sato Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円21,786 Mil. Hence, Sato Holdings's Days Inventory for the three months ended in Dec. 2023 was 114.26.

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

TSE:6287' s Days Inventory Range Over the Past 10 Years
Min: 58.95   Med: 66.9   Max: 118.34
Current: 118.34

During the past 13 years, Sato Holdings's highest Days Inventory was 118.34. The lowest was 58.95. And the median was 66.90.

TSE:6287's Days Inventory is ranked better than
50.69% of 2910 companies
in the Industrial Products industry
Industry Median: 120.69 vs TSE:6287: 118.34

Sato Holdings's Days Inventory increased from Dec. 2022 (108.16) to Dec. 2023 (114.26). It might indicate that Sato Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sato Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 0.80.

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. Sato Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.72.


Sato Holdings Days Inventory Historical Data

The historical data trend for Sato Holdings'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.

Sato Holdings Days Inventory Chart

Sato Holdings 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 69.15 73.08 75.30 82.17 100.15

Sato Holdings 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 108.16 116.22 123.32 122.25 114.26

Competitive Comparison of Sato Holdings's Days Inventory

For the Business Equipment & Supplies subindustry, Sato Holdings'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.


Sato Holdings's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sato Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sato Holdings's Days Inventory falls into.



Sato Holdings Days Inventory Calculation

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

Sato Holdings'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
=( (20418 + 26854) / 2 ) / 86140*365
=23636 / 86140*365
=100.15

Sato Holdings'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
=( (27615 + 26943) / 2 ) / 21786*365 / 4
=27279 / 21786*365 / 4
=114.26

* 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.


Sato Holdings  (TSE:6287) 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.

Sato Holdings'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.

Sato Holdings'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.


Sato Holdings Days Inventory Related Terms

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


Sato Holdings (TSE:6287) Business Description

Traded in Other Exchanges
N/A
Address
1-7-1 Shimomeguro, Knowledge Plaza, Meguro-ku, Tokyo, JPN, 153-0064
Sato Holdings Corp is an Electronic Components company. Sato Holdings has four business segments divided by region: Japan, America, Europe, and Asia & Oceania. The company manufactures and sells data collections systems and labeling products across these four geographic regions. Furthermore, the company is engaged in a variety of business-to-business operations such as cargo delivery, printing services, application software development, and real estate businesses. The company earns the vast majority of its revenue in Japan.

Sato Holdings (TSE:6287) Headlines

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