Days Inventory is also known as Days Sales of Inventory (DSI). Grandy House's Average Total Inventories for the
three
months ended in Dec. 2023 was 円50,399 Mil. Grandy House's Cost of Goods Sold for the
three
months ended in Dec. 2023 was 円11,000 Mil.
Hence, Grandy House's Days Inventory for the
three
months ended in Dec. 2023 was 418.09.
The historical rank and industry rank for Grandy House's Days Inventory or its related term are showing as below:
TSE:8999'
s Days Inventory Range Over the Past 10 Years
Min: 184.57 Med: 253.34 Max: 399.95
Current: 399.95
During the past 13 years, Grandy House's highest Days Inventory was 399.95. The lowest was 184.57. And the median was 253.34.
TSE:8999's Days Inventory is ranked better than 63.23% of 1319
companies
in the Real Estate industry
Industry Median: 698.69
vs TSE:8999: 399.95
Grandy House's Days Inventory
increased
from Dec. 2022 (347.02) to Dec. 2023 (418.09).
It might indicate that Grandy House's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Grandy House's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.22.
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.
Grandy House's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 3.94.
Grandy House Days Inventory Historical Data
The historical data trend for Grandy House'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.
Competitive Comparison of Grandy House's Days Inventory
For the Real Estate Services subindustry, Grandy House'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.
Grandy House's Days Inventory Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Grandy House's Days Inventory distribution charts can be found below:
* The bar in red indicates where Grandy House's Days Inventory falls into.
Grandy House Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Grandy House's Days Inventory for the fiscal year that ended in Mar. 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.
Grandy House (TSE:8999) 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.
Grandy House'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.
Grandy House'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.
Grandy House Days Inventory Related Terms
Thank you for viewing the detailed overview of Grandy House's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Grandy House Corp is a real estate company based in Japan. The company's three reportable segments are classified as Real Estate Sales, Construction Material Sales, and Real Estate Leasing. The Real Estate Sales business includes sales of new homes including building contract and sale of land and existing homes and home renovation. The Construction Material Sales business comprises of production and sale of pre-cut materials for housing and sale of construction materials and home facilities and equipment. In the Real Estate Leasing business, activities comprise the leasing of office, homes, related properties, and parking facilities.
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