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Leo Palace21 (TSE:8848) Days Inventory : 0.36 (As of Dec. 2023)


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What is Leo Palace21 Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Leo Palace21's Average Total Inventories for the three months ended in Dec. 2023 was 円344 Mil. Leo Palace21's Cost of Goods Sold for the three months ended in Dec. 2023 was 円87,628 Mil. Hence, Leo Palace21's Days Inventory for the three months ended in Dec. 2023 was 0.36.

The historical rank and industry rank for Leo Palace21's Days Inventory or its related term are showing as below:

TSE:8848' s Days Inventory Range Over the Past 10 Years
Min: 0.62   Med: 1.67   Max: 5.85
Current: 0.62

During the past 13 years, Leo Palace21's highest Days Inventory was 5.85. The lowest was 0.62. And the median was 1.67.

TSE:8848's Days Inventory is ranked better than
98.49% of 1326 companies
in the Real Estate industry
Industry Median: 699.495 vs TSE:8848: 0.62

Leo Palace21's Days Inventory declined from Dec. 2022 (0.71) to Dec. 2023 (0.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Leo Palace21's Inventory Turnover for the three months ended in Dec. 2023 was 255.10.

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. Leo Palace21's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Leo Palace21 Days Inventory Historical Data

The historical data trend for Leo Palace21'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.

Leo Palace21 Days Inventory Chart

Leo Palace21 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 5.25 5.85 3.06 1.33 1.30

Leo Palace21 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 0.71 0.96 0.83 0.39 0.36

Competitive Comparison of Leo Palace21's Days Inventory

For the Real Estate Services subindustry, Leo Palace21'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.


Leo Palace21's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Leo Palace21's Days Inventory distribution charts can be found below:

* The bar in red indicates where Leo Palace21's Days Inventory falls into.



Leo Palace21 Days Inventory Calculation

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

Leo Palace21'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
=( (1311 + 1207) / 2 ) / 353164*365
=1259 / 353164*365
=1.30

Leo Palace21'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
=( (338 + 349) / 2 ) / 87628*365 / 4
=343.5 / 87628*365 / 4
=0.36

* 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.


Leo Palace21  (TSE:8848) 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.

Leo Palace21'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.

Leo Palace21'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.


Leo Palace21 Days Inventory Related Terms

Thank you for viewing the detailed overview of Leo Palace21's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Leo Palace21 (TSE:8848) Business Description

Traded in Other Exchanges
Address
2-54-11 Honcho, Nakano-ku, Tokyo, JPN, 164-8622
Leo Palace21 Corp has two core businesses: Construction, which builds apartment buildings, and Leasing, which rents and manages units in the apartments that the company builds. Upon completion, Leo Palace21 typically sells buildings to investors and then pays them a fixed rental amount for all the units in the building, whether occupied or not. LeoPalace21 then rents, manages, and maintains the units and keeps all rent from tenants as its own revenue. The company also has an Elderly Care business, which runs nursing facilities, and a Hotel & Resort business. The vast majority of LeoPalace21's revenue comes from the Leasing segment, and more than 90% of the company's revenue is generated in Japan.

Leo Palace21 (TSE:8848) Headlines

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