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Eiken Industries Co (TSE:7265) Days Inventory : 68.56 (As of Jan. 2024)


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What is Eiken Industries Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Eiken Industries Co's Average Total Inventories for the three months ended in Jan. 2024 was 円1,127 Mil. Eiken Industries Co's Cost of Goods Sold for the three months ended in Jan. 2024 was 円1,500 Mil. Hence, Eiken Industries Co's Days Inventory for the three months ended in Jan. 2024 was 68.56.

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

TSE:7265' s Days Inventory Range Over the Past 10 Years
Min: 48.34   Med: 55.36   Max: 69.43
Current: 69.43

During the past 13 years, Eiken Industries Co's highest Days Inventory was 69.43. The lowest was 48.34. And the median was 55.36.

TSE:7265's Days Inventory is ranked better than
79.84% of 2911 companies
in the Industrial Products industry
Industry Median: 120.21 vs TSE:7265: 69.43

Eiken Industries Co's Days Inventory increased from Jan. 2023 (60.12) to Jan. 2024 (68.56). It might indicate that Eiken Industries Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eiken Industries Co's Inventory Turnover for the three months ended in Jan. 2024 was 1.33.

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. Eiken Industries Co's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.65.


Eiken Industries Co Days Inventory Historical Data

The historical data trend for Eiken Industries 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.

Eiken Industries Co Days Inventory Chart

Eiken Industries Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.01 64.04 53.69 56.21 63.82

Eiken Industries Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 60.12 62.46 77.14 71.63 68.56

Competitive Comparison of Eiken Industries Co's Days Inventory

For the Pollution & Treatment Controls subindustry, Eiken Industries 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.


Eiken Industries Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eiken Industries Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Eiken Industries Co's Days Inventory falls into.



Eiken Industries Co Days Inventory Calculation

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

Eiken Industries Co's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

Days Inventory (A: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (988.162 + 1094.23) / 2 ) / 5954.954*365
=1041.196 / 5954.954*365
=63.82

Eiken Industries Co's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (1094.23 + 1160.13) / 2 ) / 1500.233*365 / 4
=1127.18 / 1500.233*365 / 4
=68.56

* 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.


Eiken Industries Co  (TSE:7265) 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.

Eiken Industries Co's Inventory Turnover for the three months ended in Jan. 2024 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.

Eiken Industries Co's Inventory to Revenue for the three months ended in Jan. 2024 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.


Eiken Industries Co Days Inventory Related Terms

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


Eiken Industries Co (TSE:7265) Business Description

Traded in Other Exchanges
N/A
Address
1370 Kadoya, Omaezaki-shi, Shizuoka, JPN, 437-1698
Eiken Industries Co Ltd is a Japan based company filtration equipment manufacturer. It is engaged in manufacturing filers for internal combustion engines and special filters for industrial use. The products offered by the company include oil filter, air filter, fuel filter, cabin filter and burners.

Eiken Industries Co (TSE:7265) Headlines

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