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France Bed Holdings Co (TSE:7840) Days Inventory : 122.27 (As of Dec. 2023)


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What is France Bed Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). France Bed Holdings Co's Average Total Inventories for the three months ended in Dec. 2023 was 円8,838 Mil. France Bed Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円6,596 Mil. Hence, France Bed Holdings Co's Days Inventory for the three months ended in Dec. 2023 was 122.27.

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

TSE:7840' s Days Inventory Range Over the Past 10 Years
Min: 93.11   Med: 105.34   Max: 118.43
Current: 118.43

During the past 13 years, France Bed Holdings Co's highest Days Inventory was 118.43. The lowest was 93.11. And the median was 105.34.

TSE:7840's Days Inventory is ranked worse than
59.31% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.505 vs TSE:7840: 118.43

France Bed Holdings Co's Days Inventory increased from Dec. 2022 (121.69) to Dec. 2023 (122.27). It might indicate that France Bed Holdings Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. France Bed Holdings Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.75.

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. France Bed Holdings Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.61.


France Bed Holdings Co Days Inventory Historical Data

The historical data trend for France Bed Holdings 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.

France Bed Holdings Co Days Inventory Chart

France Bed Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.23 109.12 115.05 116.32 111.84

France Bed Holdings Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 121.69 103.70 124.53 122.27 122.27

Competitive Comparison of France Bed Holdings Co's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, France Bed Holdings 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.


France Bed Holdings Co's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, France Bed Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where France Bed Holdings Co's Days Inventory falls into.



France Bed Holdings Co Days Inventory Calculation

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

France Bed Holdings Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (8401 + 8381) / 2 ) / 27384*365
=8391 / 27384*365
=111.84

France Bed Holdings 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
=( (8636 + 9040) / 2 ) / 6596*365 / 4
=8838 / 6596*365 / 4
=122.27

* 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.


France Bed Holdings Co  (TSE:7840) 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.

France Bed Holdings 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.

France Bed Holdings 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.


France Bed Holdings Co Days Inventory Related Terms

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


France Bed Holdings Co (TSE:7840) Business Description

Traded in Other Exchanges
N/A
Address
Shinjuku Square Tower 6F, Tokyo, JPN
France Bed Holdings Co Ltd operates a holding company which provides management strategy and audits the business activities of all group companies. It operates through the following divisions: Medical Services Business, Home Furnishing and Health Business, and Others. The Medical Services division manufactures, purchases, leases, retails and wholesales nursing beds and welfare equipment. The Home Furnishing division manufactures, purchases, and wholesales beds, furniture, and bedroom products. The Others division involves the door-to-door selling, sells daily necessities, exhibit hall construction and real estate leasing businesses.

France Bed Holdings Co (TSE:7840) Headlines

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