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Ryosan Co (TSE:8140) Days Inventory : 74.52 (As of Dec. 2023)


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What is Ryosan Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ryosan Co's Average Total Inventories for the three months ended in Dec. 2023 was 円50,062 Mil. Ryosan Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円61,304 Mil. Hence, Ryosan Co's Days Inventory for the three months ended in Dec. 2023 was 74.52.

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

TSE:8140' s Days Inventory Range Over the Past 10 Years
Min: 33.89   Med: 59.29   Max: 71.35
Current: 69.91

During the past 13 years, Ryosan Co's highest Days Inventory was 71.35. The lowest was 33.89. And the median was 59.29.

TSE:8140's Days Inventory is ranked better than
69.84% of 2407 companies
in the Hardware industry
Industry Median: 102.45 vs TSE:8140: 69.91

Ryosan Co's Days Inventory increased from Dec. 2022 (68.59) to Dec. 2023 (74.52). It might indicate that Ryosan Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ryosan Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.22.

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. Ryosan Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.75.


Ryosan Co Days Inventory Historical Data

The historical data trend for Ryosan 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.

Ryosan Co Days Inventory Chart

Ryosan 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 70.67 71.35 66.28 65.08 62.53

Ryosan 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 68.59 62.99 73.14 70.60 74.52

Competitive Comparison of Ryosan Co's Days Inventory

For the Electronics & Computer Distribution subindustry, Ryosan 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.


Ryosan Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ryosan Co's Days Inventory distribution charts can be found below:

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



Ryosan Co Days Inventory Calculation

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

Ryosan 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
=( (52647 + 47696) / 2 ) / 292849*365
=50171.5 / 292849*365
=62.53

Ryosan 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
=( (51601 + 48523) / 2 ) / 61304*365 / 4
=50062 / 61304*365 / 4
=74.52

* 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.


Ryosan Co  (TSE:8140) 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.

Ryosan 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.

Ryosan 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.


Ryosan Co Days Inventory Related Terms

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


Ryosan Co (TSE:8140) Business Description

Traded in Other Exchanges
N/A
Address
2-3-5, Higashi-Kanda, Chiyoda-ku, Tokyo, JPN, 101-0031
Ryosan Co Ltd is a Japan-based electronic trading company that sells semiconductors, electronic components, and electronic equipment. The company also has a solutions operation that complements other business segments by aiding customers with the optimization of their manufacturing processes. The majority of Ryosan's revenue can be traced back to its semiconductor business where it serves as the intermediary between semiconductor producers and electronics manufacturers. Products are sold primarily to market participants in Asia, with the majority of demand coming from customers in Japan and China.

Ryosan Co (TSE:8140) Headlines

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