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Kimura Unity Co (TSE:9368) Days Inventory : 7.02 (As of Dec. 2023)


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What is Kimura Unity Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kimura Unity Co's Average Total Inventories for the three months ended in Dec. 2023 was 円971 Mil. Kimura Unity Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円12,624 Mil. Hence, Kimura Unity Co's Days Inventory for the three months ended in Dec. 2023 was 7.02.

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

TSE:9368' s Days Inventory Range Over the Past 10 Years
Min: 5.21   Med: 7.21   Max: 8.2
Current: 6.9

During the past 13 years, Kimura Unity Co's highest Days Inventory was 8.20. The lowest was 5.21. And the median was 7.21.

TSE:9368's Days Inventory is ranked better than
73.72% of 681 companies
in the Business Services industry
Industry Median: 30.28 vs TSE:9368: 6.90

Kimura Unity Co's Days Inventory increased from Dec. 2022 (6.92) to Dec. 2023 (7.02). It might indicate that Kimura Unity Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kimura Unity Co's Inventory Turnover for the three months ended in Dec. 2023 was 13.00.

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


Kimura Unity Co Days Inventory Historical Data

The historical data trend for Kimura Unity 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.

Kimura Unity Co Days Inventory Chart

Kimura Unity 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 8.20 7.85 7.22 5.92 6.29

Kimura Unity 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 6.92 6.44 6.82 7.07 7.02

Competitive Comparison of Kimura Unity Co's Days Inventory

For the Specialty Business Services subindustry, Kimura Unity 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.


Kimura Unity Co's Days Inventory Distribution in the Business Services Industry

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

* The bar in red indicates where Kimura Unity Co's Days Inventory falls into.



Kimura Unity Co Days Inventory Calculation

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

Kimura Unity 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
=( (798 + 869) / 2 ) / 48377*365
=833.5 / 48377*365
=6.29

Kimura Unity 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
=( (922 + 1020) / 2 ) / 12624*365 / 4
=971 / 12624*365 / 4
=7.02

* 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.


Kimura Unity Co  (TSE:9368) 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.

Kimura Unity 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.

Kimura Unity 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.


Kimura Unity Co Days Inventory Related Terms

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


Kimura Unity Co (TSE:9368) Business Description

Traded in Other Exchanges
Address
3-8-32, Nishiki, Naka-ku, Nagoya, JPN, +81 529627051
Kimura Unity Co Ltd provides business services. It offers Logistics services, Automobile services, Information service, and Personnel Services. The company's services include packaging business, forwarding business, traffic safety service business, auto sales business, vehicle maintenance business, parking services, insurance agency business, and others.

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