Alps Logistics Co (TSE:9055) Days Inventory : 6.68 (As of Dec. 2023)

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What is Alps Logistics Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alps Logistics Co's Average Total Inventories for the three months ended in Dec. 2023 was 円1,984 Mil. Alps Logistics Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円27,120 Mil. Hence, Alps Logistics Co's Days Inventory for the three months ended in Dec. 2023 was 6.68.

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

TSE:9055' s Days Inventory Range Over the Past 10 Years
Min: 5.75 Med: 6.97 Max: 7.32
Current: 7.16

During the past 13 years, Alps Logistics Co's highest Days Inventory was 7.32. The lowest was 5.75. And the median was 6.97.

TSE:9055's Days Inventory is ranked better than
62.82% of 780 companies
in the Transportation industry
Industry Median: 11.4 vs TSE:9055: 7.16

Alps Logistics Co's Days Inventory declined from Dec. 2022 (7.49) to Dec. 2023 (6.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alps Logistics Co's Inventory Turnover for the three months ended in Dec. 2023 was 13.67.

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. Alps Logistics Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.06.

Alps Logistics Co Days Inventory Historical Data

The historical data trend for Alps Logistics 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.

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Alps Logistics Co Days Inventory Chart

Alps Logistics Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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6.91

7.12

7.01

7.03

7.32

Alps Logistics 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															7.49	7.64	7.32	6.96	6.68

Competitive Comparison of Alps Logistics Co's Days Inventory

For the Trucking subindustry, Alps Logistics 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.

Alps Logistics Co's Days Inventory Distribution in the Transportation Industry

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

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

Alps Logistics Co Days Inventory Calculation

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

Alps Logistics 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
=	( (2211	+	2012)	/	2 )	/	105256	*	365
=	2111.5					/	105256	*	365
=	7.32

Alps Logistics 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
=	( (1943	+	2025)	/	2 )	/	27120	*	365 / 4
=	1984					/	27120	*	365 / 4
=	6.68

Alps Logistics Co (TSE:9055) 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.

Alps Logistics Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	27120	/	1984
	=	13.67

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.

Alps Logistics Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1984	/	31020
	=	0.06

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.

Alps Logistics Co Days Inventory Related Terms

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Alps Logistics Co (TSE:9055) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Alps Logistics Co Ltd (TSE:9055) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1756 Nippa-cho, Kohoku-ku, Kanagawa Pref., Yokohama, JPN, 223-0057

Website

https://www.alps-logistics.jp

Alps Logistics Co Ltd is a Japan-based company engaged in the provision of integrated logistics services. It operates through three segments namely Transportation, Warehousing, and Forwarding. Its Transportation segment includes the supply of products from electronic component manufacturers and trading companies to end-product manufacturers. The Warehousing segment is involved in the storage of various electronic components and other products. Its Forwarding segment consists of multi-function logistics centers that supply products to overseas markets.

Alps Logistics Co (TSE:9055) Headlines

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