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Pilot (TSE:7846) Days Inventory : 232.88 (As of Dec. 2023)


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What is Pilot Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pilot's Average Total Inventories for the three months ended in Dec. 2023 was 円37,332 Mil. Pilot's Cost of Goods Sold for the three months ended in Dec. 2023 was 円14,628 Mil. Hence, Pilot's Days Inventory for the three months ended in Dec. 2023 was 232.88.

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

TSE:7846' s Days Inventory Range Over the Past 10 Years
Min: 151.19   Med: 173.08   Max: 228.41
Current: 228.41

During the past 13 years, Pilot's highest Days Inventory was 228.41. The lowest was 151.19. And the median was 173.08.

TSE:7846's Days Inventory is ranked worse than
80.9% of 2905 companies
in the Industrial Products industry
Industry Median: 120.1 vs TSE:7846: 228.41

Pilot's Days Inventory declined from Dec. 2022 (235.03) to Dec. 2023 (232.88).

Inventory Turnover measures how fast the company turns over its inventory within a year. Pilot's Inventory Turnover for the three months ended in Dec. 2023 was 0.39.

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. Pilot's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.23.


Pilot Days Inventory Historical Data

The historical data trend for Pilot'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.

Pilot Days Inventory Chart

Pilot Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 174.91 200.10 180.04 203.32 225.68

Pilot 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 235.03 241.39 200.07 247.87 232.88

Competitive Comparison of Pilot's Days Inventory

For the Business Equipment & Supplies subindustry, Pilot'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.


Pilot's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Pilot's Days Inventory falls into.



Pilot Days Inventory Calculation

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

Pilot's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (32834 + 37295) / 2 ) / 56712*365
=35064.5 / 56712*365
=225.68

Pilot'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
=( (37368 + 37295) / 2 ) / 14628*365 / 4
=37331.5 / 14628*365 / 4
=232.88

* 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.


Pilot  (TSE:7846) 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.

Pilot'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.

Pilot'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.


Pilot Days Inventory Related Terms

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


Pilot (TSE:7846) Business Description

Traded in Other Exchanges
Address
2-6-21 Kyobashi, Chuo-ku, Tokyo, JPN, 104-8304
Pilot Corp is a Japanese company that manufactures, purchases, and distributes stationery items including writing instruments, other stationery products and toys, and relevant services. The company operates through four segments: Japan, the Americas, Europe, and Asia. The Japan segment distributes products through direct sales to retail stores in Japan, and this segment contributes the largest proportion of total group revenue. The Americas segment is mainly engaged in the manufacture and sales of ball pens in the United States, Mexico and Brazil. The Europe segment operates in Sweden, the United Kingdom, Germany, France, and others. The Asia segment provides writing materials in Taiwan, mainland China, Hong Kong, Indonesia, Malaysia, and Singapore.

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