Days Inventory is also known as Days Sales of Inventory (DSI). MAX Co's Average Total Inventories for the
three
months ended in Mar. 2024 was 円13,897 Mil. MAX Co's Cost of Goods Sold for the
three
months ended in Mar. 2024 was 円11,541 Mil.
Hence, MAX Co's Days Inventory for the
three
months ended in Mar. 2024 was 109.87.
The historical rank and industry rank for MAX Co's Days Inventory or its related term are showing as below:
TSE:6454'
s Days Inventory Range Over the Past 10 Years
Min: 63.35 Med: 71.38 Max: 109.43
Current: 109.43
During the past 13 years, MAX Co's highest Days Inventory was 109.43. The lowest was 63.35. And the median was 71.38.
TSE:6454's Days Inventory is ranked better than 55.43% of 2910
companies
in the Industrial Products industry
Industry Median: 120.69
vs TSE:6454: 109.43
MAX Co's Days Inventory
increased
from Mar. 2023 (107.88) to Mar. 2024 (109.87).
It might indicate that MAX Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
MAX Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.83.
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.
MAX Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.65.
MAX Co Days Inventory Historical Data
The historical data trend for MAX 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.
For the Tools & Accessories subindustry, MAX 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.
MAX Co's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, MAX Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where MAX Co's Days Inventory falls into.
MAX Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
MAX Co's Days Inventory for the fiscal year that ended in Mar. 2024 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.
MAX Co (TSE:6454) 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.
MAX Co's Inventory Turnover for the
three
months ended in Mar. 2024 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.
MAX Co's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
MAX Co Days Inventory Related Terms
Thank you for viewing the detailed overview of MAX Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
MAX Co Ltd manufactures and distributes office supplies and industrial equipment. The company operates through office equipment, industrial equipment, and home care and rehabilitation (HCR) equipment divisions. It mainly offers products such as hand-held staplers and automatic staplers, numbering tools, check writers, and other office supplies. It also markets fastening devices for various purposes such as concrete reinforcing bar tying machines, air compressors, and rechargeable tools.
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