AHC Group (TSE:7083) Days Inventory : 0.69 (As of Feb. 2024)

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What is AHC Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AHC Group's Average Total Inventories for the three months ended in Feb. 2024 was 円10 Mil. AHC Group's Cost of Goods Sold for the three months ended in Feb. 2024 was 円1,361 Mil. Hence, AHC Group's Days Inventory for the three months ended in Feb. 2024 was 0.69.

The historical rank and industry rank for AHC Group's Days Inventory or its related term are showing as below:

TSE:7083' s Days Inventory Range Over the Past 10 Years
Min: 0.61 Med: 0.66 Max: 0.72
Current: 0.65

During the past 7 years, AHC Group's highest Days Inventory was 0.72. The lowest was 0.61. And the median was 0.66.

TSE:7083's Days Inventory is ranked better than
97.42% of 466 companies
in the Healthcare Providers & Services industry
Industry Median: 31.825 vs TSE:7083: 0.65

AHC Group's Days Inventory increased from Feb. 2023 (0.64) to Feb. 2024 (0.69). It might indicate that AHC Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AHC Group's Inventory Turnover for the three months ended in Feb. 2024 was 132.94.

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. AHC Group's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.01.

AHC Group Days Inventory Historical Data

The historical data trend for AHC Group'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.

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AHC Group Days Inventory Chart

AHC Group Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Inventory

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0.62

0.63

0.66

0.72

0.67

AHC Group Quarterly Data
	Nov18	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Inventory	Get a 7-Day Free Trial															0.64	0.60	0.64	0.68	0.69

Competitive Comparison of AHC Group's Days Inventory

For the Medical Care Facilities subindustry, AHC Group'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.

AHC Group's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, AHC Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where AHC Group's Days Inventory falls into.

AHC Group Days Inventory Calculation

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

AHC Group's Days Inventory for the fiscal year that ended in Nov. 2023 is calculated as

	Days Inventory (A: Nov. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Nov. 2022 )	+	Total Inventories (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (9.854	+	10.071)	/	2 )	/	5401.547	*	365
=	9.9625					/	5401.547	*	365
=	0.67

AHC Group's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

	Days Inventory (Q: Feb. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (10.071	+	10.411)	/	2 )	/	1361.434	*	365 / 4
=	10.241					/	1361.434	*	365 / 4
=	0.69

AHC Group (TSE:7083) 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.

AHC Group's Inventory Turnover for the three months ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1361.434	/	10.241
	=	132.94

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.

AHC Group's Inventory to Revenue for the three months ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10.241	/	1501.262
	=	0.01

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.

AHC Group Days Inventory Related Terms

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

AHC Group (TSE:7083) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » AHC Group Inc (TSE:7083) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-11-9, Iwamotocho, 2nd Floor Itopia Hashimoto Building, Chiyoda-ku, Tokyo, JPN, 11101-0032

Website

https://www.ahc.co.jp

AHC Group Inc is a provider of disability welfare and nursing care services. The welfare business provides children with a disability place support and employment support. The nursing care business provides day care services for the elderly. The company operates a restaurant business.

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