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Japan Aviation Electronics Industry (TSE:6807) Days Inventory : 56.62 (As of Dec. 2023)


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What is Japan Aviation Electronics Industry Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Japan Aviation Electronics Industry's Average Total Inventories for the three months ended in Dec. 2023 was 円29,112 Mil. Japan Aviation Electronics Industry's Cost of Goods Sold for the three months ended in Dec. 2023 was 円46,919 Mil. Hence, Japan Aviation Electronics Industry's Days Inventory for the three months ended in Dec. 2023 was 56.62.

The historical rank and industry rank for Japan Aviation Electronics Industry's Days Inventory or its related term are showing as below:

TSE:6807' s Days Inventory Range Over the Past 10 Years
Min: 30.08   Med: 38.91   Max: 57.01
Current: 57.01

During the past 13 years, Japan Aviation Electronics Industry's highest Days Inventory was 57.01. The lowest was 30.08. And the median was 38.91.

TSE:6807's Days Inventory is ranked better than
77.91% of 2408 companies
in the Hardware industry
Industry Median: 102.52 vs TSE:6807: 57.01

Japan Aviation Electronics Industry's Days Inventory declined from Dec. 2022 (56.77) to Dec. 2023 (56.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. Japan Aviation Electronics Industry's Inventory Turnover for the three months ended in Dec. 2023 was 1.61.

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. Japan Aviation Electronics Industry's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.50.


Japan Aviation Electronics Industry Days Inventory Historical Data

The historical data trend for Japan Aviation Electronics Industry'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.

Japan Aviation Electronics Industry Days Inventory Chart

Japan Aviation Electronics Industry Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.80 41.95 49.93 54.22 55.81

Japan Aviation Electronics Industry Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 60.23 61.26 53.67 56.62 58.21

Competitive Comparison of Japan Aviation Electronics Industry's Days Inventory

For the Electronic Components subindustry, Japan Aviation Electronics Industry'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.


Japan Aviation Electronics Industry's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Japan Aviation Electronics Industry's Days Inventory distribution charts can be found below:

* The bar in red indicates where Japan Aviation Electronics Industry's Days Inventory falls into.



Japan Aviation Electronics Industry Days Inventory Calculation

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

Japan Aviation Electronics Industry's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (28562 + 28321) / 2 ) / 186000*365
=28441.5 / 186000*365
=55.81

Japan Aviation Electronics Industry'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
=( (28833 + 29391) / 2 ) / 46919*365 / 4
=29112 / 46919*365 / 4
=56.62

* 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.


Japan Aviation Electronics Industry  (TSE:6807) 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.

Japan Aviation Electronics Industry'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.

Japan Aviation Electronics Industry'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.


Japan Aviation Electronics Industry Days Inventory Related Terms

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


Japan Aviation Electronics Industry (TSE:6807) Business Description

Traded in Other Exchanges
N/A
Address
21-2, Dogenzaka 1-chome, Shibuya-ku, Tokyo, JPN, 150-0043
Japan Aviation Electronics Industry Ltd is a Japan-based company that manufactures and distributes electronic components and equipment. The firm's operations are organized in four segments: the Connector segment, which sells connectors for use in infrastructure, transportation, and mobile device applications; the Interface Solution segment, which sells touch panels, touch controls, and monitors; the Aviation Equipment segment, which includes navigation equipment and motion sensor solutions; and Others, which includes the sale of other products and the transportation business.

Japan Aviation Electronics Industry (TSE:6807) Headlines

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