Two stone & Sons (TSE:7352) Days Inventory : 1.24 (As of Feb. 2024)

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What is Two stone & Sons Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Two stone & Sons's Average Total Inventories for the three months ended in Feb. 2024 was 円33 Mil. Two stone & Sons's Cost of Goods Sold for the three months ended in Feb. 2024 was 円2,392 Mil. Hence, Two stone & Sons's Days Inventory for the three months ended in Feb. 2024 was 1.24.

The historical rank and industry rank for Two stone & Sons's Days Inventory or its related term are showing as below:

TSE:7352' s Days Inventory Range Over the Past 10 Years
Min: 0.04 Med: 0.16 Max: 1.58
Current: 1.58

During the past 6 years, Two stone & Sons's highest Days Inventory was 1.58. The lowest was 0.04. And the median was 0.16.

TSE:7352's Days Inventory is ranked better than
87.78% of 679 companies
in the Business Services industry
Industry Median: 29.67 vs TSE:7352: 1.58

Two stone & Sons's Days Inventory increased from Feb. 2023 (0.00) to Feb. 2024 (1.24). It might indicate that Two stone & Sons's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Two stone & Sons's Inventory Turnover for the three months ended in Feb. 2024 was 73.29.

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. Two stone & Sons's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.01.

Two stone & Sons Days Inventory Historical Data

The historical data trend for Two stone & Sons'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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Two stone & Sons Days Inventory Chart

Two stone & Sons Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Inventory

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0.25

0.06

0.04

Two stone & Sons Quarterly Data
	Aug18	Aug19	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														-	2.37	2.02	1.71	1.24

Competitive Comparison of Two stone & Sons's Days Inventory

For the Specialty Business Services subindustry, Two stone & Sons'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.

Two stone & Sons's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Two stone & Sons's Days Inventory distribution charts can be found below:

* The bar in red indicates where Two stone & Sons's Days Inventory falls into.

Two stone & Sons Days Inventory Calculation

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

Two stone & Sons's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

	Days Inventory (A: Aug. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	7342.441	*	365
=	0					/	7342.441	*	365
=	0.00

Two stone & Sons'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
=	( (43.697	+	21.564)	/	2 )	/	2391.65	*	365 / 4
=	32.6305					/	2391.65	*	365 / 4
=	1.24

Two stone & Sons (TSE:7352) 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.

Two stone & Sons's Inventory Turnover for the three months ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2391.65	/	32.6305
	=	73.29

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.

Two stone & Sons's Inventory to Revenue for the three months ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	32.6305	/	3271.332
	=	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.

Two stone & Sons Days Inventory Related Terms

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Two stone & Sons (TSE:7352) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Two stone & Sons Inc (TSE:7352) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-22-3 Shibuya, Shibuya East Exit Building 6F, Shibuya-ku, Tokyo, JPN, 150-0002

Website

https://twostone-s.com

Two Stone & Sons Inc is an engineering company providing engineering resources to companies, media businesses, and programming school businesses. The company develops services such as in-house media management and client solutions such as contract development.

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