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Net One Systems Co (TSE:7518) Days Inventory : 114.33 (As of Dec. 2023)


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What is Net One Systems Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Net One Systems Co's Average Total Inventories for the three months ended in Dec. 2023 was 円45,301 Mil. Net One Systems Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円36,155 Mil. Hence, Net One Systems Co's Days Inventory for the three months ended in Dec. 2023 was 114.33.

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

TSE:7518' s Days Inventory Range Over the Past 10 Years
Min: 7.17   Med: 10.05   Max: 69.87
Current: 69.87

During the past 13 years, Net One Systems Co's highest Days Inventory was 69.87. The lowest was 7.17. And the median was 10.05.

TSE:7518's Days Inventory is ranked worse than
73.16% of 1565 companies
in the Software industry
Industry Median: 19.61 vs TSE:7518: 69.87

Net One Systems Co's Days Inventory declined from Dec. 2022 (130.60) to Dec. 2023 (114.33).

Inventory Turnover measures how fast the company turns over its inventory within a year. Net One Systems Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.80.

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. Net One Systems Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.91.


Net One Systems Co Days Inventory Historical Data

The historical data trend for Net One Systems 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.

Net One Systems Co Days Inventory Chart

Net One Systems 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 8.54 7.77 20.19 21.92 14.04

Net One Systems 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 52.25 72.66 110.57 114.33 46.26

Competitive Comparison of Net One Systems Co's Days Inventory

For the Information Technology Services subindustry, Net One Systems 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.


Net One Systems Co's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Net One Systems Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Net One Systems Co's Days Inventory falls into.



Net One Systems Co Days Inventory Calculation

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

Net One Systems 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
=( (7628 + 4113) / 2 ) / 152572*365
=5870.5 / 152572*365
=14.04

Net One Systems 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
=( (47476 + 43125) / 2 ) / 36155*365 / 4
=45300.5 / 36155*365 / 4
=114.33

* 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.


Net One Systems Co  (TSE:7518) 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.

Net One Systems 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.

Net One Systems 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.


Net One Systems Co Days Inventory Related Terms

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


Net One Systems Co (TSE:7518) Business Description

Traded in Other Exchanges
Address
2-7-2 Marunouchi, JP Tower, Chiyoda-ku, Tokyo, JPN, 100-7024
Net One Systems Co., Ltd. provides and sells a variety of telecom and information technology, or IT, products and services. The company organizes its products and services into three segments based on product and service type. The network products segment, which generates the most revenue of any segment, operates telecom networks. The segment also provides broadband network integration for telecom operators. The platform products segment sells cloud-based IT products. The service segment provides network design, installation, and maintenance services.

Net One Systems Co (TSE:7518) Headlines

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