Kohoku Kogyo Co (TSE:6524) Days Inventory : 97.10 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Kohoku Kogyo Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kohoku Kogyo Co's Average Total Inventories for the three months ended in Mar. 2024 was 円2,248 Mil. Kohoku Kogyo Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円2,112 Mil. Hence, Kohoku Kogyo Co's Days Inventory for the three months ended in Mar. 2024 was 97.10.

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

TSE:6524' s Days Inventory Range Over the Past 10 Years
Min: 78.25 Med: 83.39 Max: 114.09
Current: 114.09

During the past 5 years, Kohoku Kogyo Co's highest Days Inventory was 114.09. The lowest was 78.25. And the median was 83.39.

TSE:6524's Days Inventory is ranked worse than
55.96% of 2407 companies
in the Hardware industry
Industry Median: 101.78 vs TSE:6524: 114.09

Kohoku Kogyo Co's Days Inventory declined from Mar. 2023 (117.07) to Mar. 2024 (97.10).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kohoku Kogyo Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.94.

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. Kohoku Kogyo Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.66.

Kohoku Kogyo Co Days Inventory Historical Data

The historical data trend for Kohoku Kogyo 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.

Kohoku Kogyo Co Days Inventory Chart

Kohoku Kogyo Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

82.41

83.39

78.25

86.58

107.61

Kohoku Kogyo Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial								117.07	127.11	121.33	111.35	97.10

Competitive Comparison of Kohoku Kogyo Co's Days Inventory

For the Electronic Components subindustry, Kohoku Kogyo 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.

Kohoku Kogyo Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kohoku Kogyo Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kohoku Kogyo Co's Days Inventory falls into.

Kohoku Kogyo Co Days Inventory Calculation

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

Kohoku Kogyo 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
=	( (2495	+	2218)	/	2 )	/	7993	*	365
=	2356.5					/	7993	*	365
=	107.61

Kohoku Kogyo Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (2218	+	2277)	/	2 )	/	2112	*	365 / 4
=	2247.5					/	2112	*	365 / 4
=	97.10

Kohoku Kogyo Co (TSE:6524) 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.

Kohoku Kogyo Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2112	/	2247.5
	=	0.94

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.

Kohoku Kogyo Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2247.5	/	3413
	=	0.66

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.

Kohoku Kogyo Co Days Inventory Related Terms

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

Kohoku Kogyo Co (TSE:6524) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kohoku Kogyo Co Ltd (TSE:6524) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

H9J:Germany

Address

1623 Takatsuki, Takatsuki-cho, Shiga Prefecture, Nagahama, JPN, 529-0241

Website

https://www.kohokukogyo.co.jp

Kohoku Kogyo Co Ltd is engaged in the manufacturing and marketing of lead terminals for aluminum electrolytic capacitors and optical components and devices for optical fiber communication network.

Kohoku Kogyo Co (TSE:6524) Headlines

No Headlines