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Canon Marketing Japan (TSE:8060) Days Inventory : 34.94 (As of Dec. 2023)


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What is Canon Marketing Japan Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Canon Marketing Japan's Average Total Inventories for the three months ended in Dec. 2023 was 円42,271 Mil. Canon Marketing Japan's Cost of Goods Sold for the three months ended in Dec. 2023 was 円110,388 Mil. Hence, Canon Marketing Japan's Days Inventory for the three months ended in Dec. 2023 was 34.94.

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

TSE:8060' s Days Inventory Range Over the Past 10 Years
Min: 24.02   Med: 29.71   Max: 37.88
Current: 37.88

During the past 13 years, Canon Marketing Japan's highest Days Inventory was 37.88. The lowest was 24.02. And the median was 29.71.

TSE:8060's Days Inventory is ranked better than
92.7% of 2905 companies
in the Industrial Products industry
Industry Median: 120.1 vs TSE:8060: 37.88

Canon Marketing Japan's Days Inventory increased from Dec. 2022 (33.24) to Dec. 2023 (34.94). It might indicate that Canon Marketing Japan's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Canon Marketing Japan's Inventory Turnover for the three months ended in Dec. 2023 was 2.61.

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. Canon Marketing Japan's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.26.


Canon Marketing Japan Days Inventory Historical Data

The historical data trend for Canon Marketing Japan'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.

Canon Marketing Japan Days Inventory Chart

Canon Marketing Japan 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 29.16 31.30 31.81 34.62 35.30

Canon Marketing Japan 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 37.66 41.29 42.48 34.94 34.30

Competitive Comparison of Canon Marketing Japan's Days Inventory

For the Business Equipment & Supplies subindustry, Canon Marketing Japan'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.


Canon Marketing Japan's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Canon Marketing Japan's Days Inventory falls into.



Canon Marketing Japan Days Inventory Calculation

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

Canon Marketing Japan'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
=( (38519 + 39824) / 2 ) / 404981*365
=39171.5 / 404981*365
=35.30

Canon Marketing Japan'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
=( (44718 + 39824) / 2 ) / 110388*365 / 4
=42271 / 110388*365 / 4
=34.94

* 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.


Canon Marketing Japan  (TSE:8060) 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.

Canon Marketing Japan'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.

Canon Marketing Japan'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.


Canon Marketing Japan Days Inventory Related Terms

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


Canon Marketing Japan (TSE:8060) Business Description

Traded in Other Exchanges
Address
Canon S Tower, 16-6, Konan 2-Chome, Minato-ku, Tokyo, JPN, 108-8011
Website
Canon Marketing Japan Inc is in the business of distributing and selling Canon branded products and also provides marketing and other services. Its business segments are business solutions, Its solutions, imaging systems and industrial/medical. Its products and services include business use multifunctional products, commercial printing systems, laser printers, embedded software, system integration, digital cameras, interchangeable lenses, medical equipment and semi-conductor manufacturing equipment.

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