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Osaki Electric Co (TSE:6644) Days Inventory : 124.26 (As of Dec. 2023)


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What is Osaki Electric Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Osaki Electric Co's Average Total Inventories for the three months ended in Dec. 2023 was 円24,509 Mil. Osaki Electric Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円17,998 Mil. Hence, Osaki Electric Co's Days Inventory for the three months ended in Dec. 2023 was 124.26.

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

TSE:6644' s Days Inventory Range Over the Past 10 Years
Min: 79.06   Med: 88.46   Max: 111.98
Current: 107.76

During the past 13 years, Osaki Electric Co's highest Days Inventory was 111.98. The lowest was 79.06. And the median was 88.46.

TSE:6644's Days Inventory is ranked worse than
52.85% of 2407 companies
in the Hardware industry
Industry Median: 101.78 vs TSE:6644: 107.76

Osaki Electric Co's Days Inventory increased from Dec. 2022 (106.36) to Dec. 2023 (124.26). It might indicate that Osaki Electric Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Osaki Electric Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.73.

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. Osaki Electric Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.01.


Osaki Electric Co Days Inventory Historical Data

The historical data trend for Osaki Electric 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.

Osaki Electric Co Days Inventory Chart

Osaki Electric Co 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 95.38 104.17 111.98 96.92 90.06

Osaki Electric 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 106.36 77.92 115.37 120.31 124.26

Competitive Comparison of Osaki Electric Co's Days Inventory

For the Scientific & Technical Instruments subindustry, Osaki Electric 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.


Osaki Electric Co's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Osaki Electric Co's Days Inventory falls into.



Osaki Electric Co Days Inventory Calculation

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

Osaki Electric Co'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
=( (16107 + 19074) / 2 ) / 71289*365
=17590.5 / 71289*365
=90.06

Osaki Electric 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
=( (24116 + 24901) / 2 ) / 17998*365 / 4
=24508.5 / 17998*365 / 4
=124.26

* 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.


Osaki Electric Co  (TSE:6644) 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.

Osaki Electric 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.

Osaki Electric 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.


Osaki Electric Co Days Inventory Related Terms

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


Osaki Electric Co (TSE:6644) Business Description

Traded in Other Exchanges
N/A
Address
2-10-2 Higashi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-8646
Osaki Electric Co Ltd is a Japan based company engaged in manufacturing measurement and control equipment. Its product offering includes electricity meter, meter transformer, power distribution automation equipment, time switch, demand control equipment, energy management system, automatic meter reading system, smart home-related equipment, optical communications equipment, distribution board, other manufacturing and sales of electrical machinery and equipment.

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