TV Tokyo Holdings (TSE:9413) Days Inventory : 38.26 (As of Dec. 2023)

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What is TV Tokyo Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TV Tokyo Holdings's Average Total Inventories for the three months ended in Dec. 2023 was 円11,017 Mil. TV Tokyo Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was 円26,273 Mil. Hence, TV Tokyo Holdings's Days Inventory for the three months ended in Dec. 2023 was 38.26.

The historical rank and industry rank for TV Tokyo Holdings's Days Inventory or its related term are showing as below:

TSE:9413' s Days Inventory Range Over the Past 10 Years
Min: 34.64 Med: 38.91 Max: 44.99
Current: 37.43

During the past 13 years, TV Tokyo Holdings's highest Days Inventory was 44.99. The lowest was 34.64. And the median was 38.91.

TSE:9413's Days Inventory is ranked worse than
56.4% of 656 companies
in the Media - Diversified industry
Industry Median: 25.75 vs TSE:9413: 37.43

TV Tokyo Holdings's Days Inventory increased from Dec. 2022 (34.59) to Dec. 2023 (38.26). It might indicate that TV Tokyo Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. TV Tokyo Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 2.38.

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. TV Tokyo Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.28.

TV Tokyo Holdings Days Inventory Historical Data

The historical data trend for TV Tokyo Holdings'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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TV Tokyo Holdings Days Inventory Chart

TV Tokyo Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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36.50

40.39

43.95

37.99

35.39

TV Tokyo Holdings 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															34.59	33.68	39.55	39.98	38.26

Competitive Comparison of TV Tokyo Holdings's Days Inventory

For the Broadcasting subindustry, TV Tokyo Holdings'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.

TV Tokyo Holdings's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TV Tokyo Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where TV Tokyo Holdings's Days Inventory falls into.

TV Tokyo Holdings Days Inventory Calculation

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

TV Tokyo Holdings'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
=	( (9327	+	10734)	/	2 )	/	103450	*	365
=	10030.5					/	103450	*	365
=	35.39

TV Tokyo Holdings'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
=	( (11559	+	10474)	/	2 )	/	26273	*	365 / 4
=	11016.5					/	26273	*	365 / 4
=	38.26

TV Tokyo Holdings (TSE:9413) 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.

TV Tokyo Holdings's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	26273	/	11016.5
	=	2.38

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.

TV Tokyo Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11016.5	/	39096
	=	0.28

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.

TV Tokyo Holdings Days Inventory Related Terms

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

TV Tokyo Holdings (TSE:9413) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TV Tokyo Holdings Corp (TSE:9413) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Roppongi Grand Tower 3-2-1, Roppongi, Minato-ku, Tokyo, JPN, 106-8007

Website

http://www.txhd.co.jp

TV Tokyo Holdings Corporation operates in the broadcasting space in Japan. It is primarily involved in the terrestrial broadcasting business apart from its operation through other segments such as Broadcasting - Peripheral and Satellite Broadcasting. The Terrestrial Broadcasting segment is engaged in the sale of programs to other broadcasters, the provision of broadcast program and film rights, as well as the organization of events. The Broadcasting- peripheral segment is involved in the planning and production of programs, the mail-order business and the Broadcasting Satellite (BS) segment provides TV programs by BS digital broadcasting.

TV Tokyo Holdings (TSE:9413) Headlines

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