Fuluhashi Epo (TSE:9221) Days Inventory : 12.16 (As of Dec. 2023)

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What is Fuluhashi Epo Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fuluhashi Epo's Average Total Inventories for the three months ended in Dec. 2023 was 円160 Mil. Fuluhashi Epo's Cost of Goods Sold for the three months ended in Dec. 2023 was 円1,203 Mil. Hence, Fuluhashi Epo's Days Inventory for the three months ended in Dec. 2023 was 12.16.

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

TSE:9221' s Days Inventory Range Over the Past 10 Years
Min: 11.9 Med: 16.61 Max: 22.51
Current: 12.55

During the past 4 years, Fuluhashi Epo's highest Days Inventory was 22.51. The lowest was 11.90. And the median was 16.61.

TSE:9221's Days Inventory is ranked better than
65.4% of 211 companies
in the Waste Management industry
Industry Median: 22.94 vs TSE:9221: 12.55

Fuluhashi Epo's Days Inventory increased from Dec. 2022 (12.14) to Dec. 2023 (12.16). It might indicate that Fuluhashi Epo's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fuluhashi Epo's Inventory Turnover for the three months ended in Dec. 2023 was 7.50.

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. Fuluhashi Epo's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.07.

Fuluhashi Epo Days Inventory Historical Data

The historical data trend for Fuluhashi Epo'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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Fuluhashi Epo Days Inventory Chart

Fuluhashi Epo Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

22.51

18.80

14.41

11.90

Fuluhashi Epo Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial						12.14	12.58	12.45	12.02	12.16

Competitive Comparison of Fuluhashi Epo's Days Inventory

For the Waste Management subindustry, Fuluhashi Epo'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.

Fuluhashi Epo's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Fuluhashi Epo's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fuluhashi Epo's Days Inventory falls into.

Fuluhashi Epo Days Inventory Calculation

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

Fuluhashi Epo'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
=	( (146.167	+	147.586)	/	2 )	/	4503.734	*	365
=	146.8765					/	4503.734	*	365
=	11.90

Fuluhashi Epo'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
=	( (148.992	+	171.767)	/	2 )	/	1203.258	*	365 / 4
=	160.3795					/	1203.258	*	365 / 4
=	12.16

Fuluhashi Epo (TSE:9221) 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.

Fuluhashi Epo's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1203.258	/	160.3795
	=	7.50

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.

Fuluhashi Epo's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	160.3795	/	2302.786
	=	0.07

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.

Fuluhashi Epo Days Inventory Related Terms

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

Fuluhashi Epo (TSE:9221) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Fuluhashi Epo Corp (TSE:9221) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

9221:Japan

Address

1-14-18 Kanayama, Naka-ku, Aichi, A-PLACE Kanayama 6th floor, Nagoya, JPN, 460-0022

Website

https://www.fuluhashi.co.jp

Fuluhashi Epo Corp is engaged in the intermediate processing and recycling of wood waste, sales of recycled wood chips, recycling of construction by-product, production and sales of pallet and other distribution equipment.

Fuluhashi Epo (TSE:9221) Headlines

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