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Kobe Electric Railway Co (TSE:9046) Days Inventory : 12.80 (As of Dec. 2023)


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What is Kobe Electric Railway Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kobe Electric Railway Co's Average Total Inventories for the three months ended in Dec. 2023 was 円602 Mil. Kobe Electric Railway Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円4,287 Mil. Hence, Kobe Electric Railway Co's Days Inventory for the three months ended in Dec. 2023 was 12.80.

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

TSE:9046' s Days Inventory Range Over the Past 10 Years
Min: 10.63   Med: 11.09   Max: 12.34
Current: 12.34

During the past 13 years, Kobe Electric Railway Co's highest Days Inventory was 12.34. The lowest was 10.63. And the median was 11.09.

TSE:9046's Days Inventory is ranked worse than
52.75% of 781 companies
in the Transportation industry
Industry Median: 11.4 vs TSE:9046: 12.34

Kobe Electric Railway Co's Days Inventory declined from Dec. 2022 (12.93) to Dec. 2023 (12.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kobe Electric Railway Co's Inventory Turnover for the three months ended in Dec. 2023 was 7.13.

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. Kobe Electric Railway Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.11.


Kobe Electric Railway Co Days Inventory Historical Data

The historical data trend for Kobe Electric Railway 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.

Kobe Electric Railway Co Days Inventory Chart

Kobe Electric Railway 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 10.63 10.88 11.60 11.32 11.13

Kobe Electric Railway 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 12.93 10.90 12.68 12.53 12.80

Competitive Comparison of Kobe Electric Railway Co's Days Inventory

For the Railroads subindustry, Kobe Electric Railway 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.


Kobe Electric Railway Co's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kobe Electric Railway Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kobe Electric Railway Co's Days Inventory falls into.



Kobe Electric Railway Co Days Inventory Calculation

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

Kobe Electric Railway 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
=( (517 + 541) / 2 ) / 17341*365
=529 / 17341*365
=11.13

Kobe Electric Railway 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
=( (575 + 628) / 2 ) / 4287*365 / 4
=601.5 / 4287*365 / 4
=12.80

* 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.


Kobe Electric Railway Co  (TSE:9046) 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.

Kobe Electric Railway 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.

Kobe Electric Railway 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.


Kobe Electric Railway Co Days Inventory Related Terms

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


Kobe Electric Railway Co (TSE:9046) Business Description

Traded in Other Exchanges
N/A
Address
1-chome, Hyogo-ku, Kobe, JPN
Kobe Electric Railway Co Ltd operates as a railway company in Japan. Principally, it is also involved in the sale, lease, and brokerage of land buildings and other real estate properties. The company is also engaged in the management of rental building, and parking lot, long-term care and child care services. In addition, it also offers services related to the swimming school management.

Kobe Electric Railway Co (TSE:9046) Headlines

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