Yasuda Logistics (TSE:9324) Days Inventory : 16.67 (As of Dec. 2023)

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What is Yasuda Logistics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yasuda Logistics's Average Total Inventories for the three months ended in Dec. 2023 was 円2,765 Mil. Yasuda Logistics's Cost of Goods Sold for the three months ended in Dec. 2023 was 円15,135 Mil. Hence, Yasuda Logistics's Days Inventory for the three months ended in Dec. 2023 was 16.67.

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

TSE:9324' s Days Inventory Range Over the Past 10 Years
Min: 14.78 Med: 19.13 Max: 21.44
Current: 18.33

During the past 13 years, Yasuda Logistics's highest Days Inventory was 21.44. The lowest was 14.78. And the median was 19.13.

TSE:9324's Days Inventory is ranked better than
58.74% of 681 companies
in the Business Services industry
Industry Median: 30.28 vs TSE:9324: 18.33

Yasuda Logistics's Days Inventory declined from Dec. 2022 (19.98) to Dec. 2023 (16.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. Yasuda Logistics's Inventory Turnover for the three months ended in Dec. 2023 was 5.47.

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. Yasuda Logistics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.16.

Yasuda Logistics Days Inventory Historical Data

The historical data trend for Yasuda Logistics'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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Yasuda Logistics Days Inventory Chart

Yasuda Logistics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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14.78

19.13

21.44

Yasuda Logistics 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															19.98	21.45	18.21	17.27	16.67

Competitive Comparison of Yasuda Logistics's Days Inventory

For the Specialty Business Services subindustry, Yasuda Logistics'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.

Yasuda Logistics's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Yasuda Logistics's Days Inventory distribution charts can be found below:

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

Yasuda Logistics Days Inventory Calculation

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

Yasuda Logistics'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
=	( (3212	+	3025)	/	2 )	/	53082	*	365
=	3118.5					/	53082	*	365
=	21.44

Yasuda Logistics'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
=	( (2765	+	2765)	/	2 )	/	15135	*	365 / 4
=	2765					/	15135	*	365 / 4
=	16.67

Yasuda Logistics (TSE:9324) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	15135	/	2765
	=	5.47

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2765	/	17364
	=	0.16

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.

Yasuda Logistics Days Inventory Related Terms

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

Yasuda Logistics (TSE:9324) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Yasuda Logistics Corp (TSE:9324) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3-8 Kaigan, Minato-ku, Tokyo, JPN, 108-8435

Website

http://www.yasuda-soko.co.jp/

Yasuda Logistics Corp engages in the business of transportation, logistics, warehousing, customs clearance, and logistics information system services. The firm provides delivery services and supply chain solutions; and integrated logistics solutions through distribution centers. It also offers medical logistics services comprising logistics for drugs, and medical equipment; and IT equipment logistics services, as well as archiving and office relocation services. In addition, it provides international transport services, such as ocean transportation, import/export customs clearance, air transportation, overseas logistics services. Further, firm's real estate operations comprise office and residential leasing services; re-development and renovation of hotels and commercial facilities.

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