GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aisan Industry Co Ltd (TSE:7283) » Definitions » Days Inventory

Aisan Industry Co (TSE:7283) Days Inventory : 41.02 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Aisan Industry Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aisan Industry Co's Average Total Inventories for the three months ended in Dec. 2023 was 円33,058 Mil. Aisan Industry Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円73,539 Mil. Hence, Aisan Industry Co's Days Inventory for the three months ended in Dec. 2023 was 41.02.

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

TSE:7283' s Days Inventory Range Over the Past 10 Years
Min: 42.24   Med: 44.61   Max: 54.63
Current: 44.52

During the past 13 years, Aisan Industry Co's highest Days Inventory was 54.63. The lowest was 42.24. And the median was 44.61.

TSE:7283's Days Inventory is ranked better than
81.17% of 1253 companies
in the Vehicles & Parts industry
Industry Median: 80.63 vs TSE:7283: 44.52

Aisan Industry Co's Days Inventory declined from Dec. 2022 (56.65) to Dec. 2023 (41.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aisan Industry Co's Inventory Turnover for the three months ended in Dec. 2023 was 2.22.

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. Aisan Industry Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.39.


Aisan Industry Co Days Inventory Historical Data

The historical data trend for Aisan Industry 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.

Aisan Industry Co Days Inventory Chart

Aisan Industry Co 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 45.20 50.84 53.23 54.63 45.67

Aisan Industry Co 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 54.56 50.61 44.10 41.02 42.28

Competitive Comparison of Aisan Industry Co's Days Inventory

For the Auto Parts subindustry, Aisan Industry 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.


Aisan Industry Co's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aisan Industry Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aisan Industry Co's Days Inventory falls into.



Aisan Industry Co Days Inventory Calculation

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

Aisan Industry Co'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
=( (34776 + 33566) / 2 ) / 273118*365
=34171 / 273118*365
=45.67

Aisan Industry 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
=( (33345 + 32771) / 2 ) / 73539*365 / 4
=33058 / 73539*365 / 4
=41.02

* 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.


Aisan Industry Co  (TSE:7283) 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.

Aisan Industry 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.

Aisan Industry 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.


Aisan Industry Co Days Inventory Related Terms

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


Aisan Industry Co (TSE:7283) Business Description

Traded in Other Exchanges
Address
1-1-1 Kyowa-cho, Obu-shi, Aichi-ken, JPN, 474-8588
Aisan Industry Co Ltd is a Japan based company engaged in manufacturing and sales of automotive parts. Its products include Fuel system products such as Fuel pump module to regulate pressure of the fuel; Intake and exhaust system products including throttle body, intake manifold, exhaust gas re-circulation product, positive crankcase ventilation valve; Emission control system products such as charcoal canister; Valve train system such as Engine Valve; Products for motorcycle such as FI System for Small Motorcycle, Titanium Alloy Engine Valve for Motorcycle, Charcoal Canister for Motorcycle; and Products for green vehicle includes products for fuel cell vehicle, products for electric vehicle and gas fuel systems for LPG, CNG.

Aisan Industry Co (TSE:7283) Headlines

No Headlines