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Sanken Electric Co (TSE:6707) Days Inventory : 175.60 (As of Dec. 2023)


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What is Sanken Electric Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sanken Electric Co's Average Total Inventories for the three months ended in Dec. 2023 was 円71,273 Mil. Sanken Electric Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円37,037 Mil. Hence, Sanken Electric Co's Days Inventory for the three months ended in Dec. 2023 was 175.60.

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

TSE:6707' s Days Inventory Range Over the Past 10 Years
Min: 115.29   Med: 129.11   Max: 168.82
Current: 161.43

During the past 13 years, Sanken Electric Co's highest Days Inventory was 168.82. The lowest was 115.29. And the median was 129.11.

TSE:6707's Days Inventory is ranked worse than
63.66% of 941 companies
in the Semiconductors industry
Industry Median: 130.44 vs TSE:6707: 161.43

Sanken Electric Co's Days Inventory increased from Dec. 2022 (142.14) to Dec. 2023 (175.60). It might indicate that Sanken Electric Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sanken Electric Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.52.

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. Sanken Electric Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.22.


Sanken Electric Co Days Inventory Historical Data

The historical data trend for Sanken 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.

Sanken Electric Co Days Inventory Chart

Sanken 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 115.29 124.60 127.68 126.12 130.45

Sanken 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 142.14 137.41 162.08 175.23 175.60

Competitive Comparison of Sanken Electric Co's Days Inventory

For the Semiconductors subindustry, Sanken 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.


Sanken Electric Co's Days Inventory Distribution in the Semiconductors Industry

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

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



Sanken Electric Co Days Inventory Calculation

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

Sanken 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
=( (42016 + 59274) / 2 ) / 141706*365
=50645 / 141706*365
=130.45

Sanken 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
=( (71270 + 71275) / 2 ) / 37037*365 / 4
=71272.5 / 37037*365 / 4
=175.60

* 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.


Sanken Electric Co  (TSE:6707) 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.

Sanken 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.

Sanken 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.


Sanken Electric Co Days Inventory Related Terms

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


Sanken Electric Co (TSE:6707) Business Description

Traded in Other Exchanges
Address
3-6-3, Kitano, Saitama-ken, Niiza-shi, JPN, 352-8666
Sanken Electric Co Ltd manufactures, sells, and purchases electric equipment and apparatuses. Its product lineup includes semiconductors, power line filters, inverters, DC power supplies, and other items. Products are offered to the automotive, power supply, LED, and other markets for purposes such as meeting global energy conservation regulations. Semiconductors are the company's leading sales generator and find use in automobiles, home appliances, and industrial automation. In addition to having its equipment manufactured domestically (Japan), and in regions such as North America, the company has stationed sales offices in each region to work with clients and meet specific needs.

Sanken Electric Co (TSE:6707) Headlines

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