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Ain Holdings (TSE:9627) Days Inventory : 27.18 (As of Jan. 2024)


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What is Ain Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ain Holdings's Average Total Inventories for the three months ended in Jan. 2024 was 円25,974 Mil. Ain Holdings's Cost of Goods Sold for the three months ended in Jan. 2024 was 円87,187 Mil. Hence, Ain Holdings's Days Inventory for the three months ended in Jan. 2024 was 27.18.

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

TSE:9627' s Days Inventory Range Over the Past 10 Years
Min: 17.59   Med: 20.52   Max: 26.56
Current: 26.56

During the past 13 years, Ain Holdings's highest Days Inventory was 26.56. The lowest was 17.59. And the median was 20.52.

TSE:9627's Days Inventory is ranked better than
57.66% of 470 companies
in the Healthcare Providers & Services industry
Industry Median: 32.575 vs TSE:9627: 26.56

Ain Holdings's Days Inventory increased from Jan. 2023 (26.36) to Jan. 2024 (27.18). It might indicate that Ain Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ain Holdings's Inventory Turnover for the three months ended in Jan. 2024 was 3.36.

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. Ain Holdings's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.25.


Ain Holdings Days Inventory Historical Data

The historical data trend for Ain 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.

* Premium members only.

Ain Holdings Days Inventory Chart

Ain Holdings Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.82 20.96 21.51 19.93 21.76

Ain Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 26.36 25.52 25.72 26.56 27.18

Competitive Comparison of Ain Holdings's Days Inventory

For the Pharmaceutical Retailers subindustry, Ain 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.


Ain Holdings's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ain Holdings's Days Inventory distribution charts can be found below:

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



Ain Holdings Days Inventory Calculation

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

Ain Holdings's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

Days Inventory (A: Apr. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (14790 + 21585) / 2 ) / 305044*365
=18187.5 / 305044*365
=21.76

Ain Holdings's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (24855 + 27093) / 2 ) / 87187*365 / 4
=25974 / 87187*365 / 4
=27.18

* 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.


Ain Holdings  (TSE:9627) 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.

Ain Holdings's Inventory Turnover for the three months ended in Jan. 2024 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.

Ain Holdings's Inventory to Revenue for the three months ended in Jan. 2024 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.


Ain Holdings Days Inventory Related Terms

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


Ain Holdings (TSE:9627) Business Description

Traded in Other Exchanges
Address
1-2-1 Higashi-Naebo-Gojo, Higashi-ku, Sapporo-shi, JPN, 007-8755
Ain Holdings Inc's core business is the dispensing pharmacy business that includes preparing and dispensing drugs based on prescriptions. The company also generates revenue by selling generic drugs wholesale, pharmacy staffing services, and pharmacy consulting services. The company's additional business activity includes both urban and suburban drug and cosmetic stores. Ain operates the ainz & tuple brand that specifically targets female consumers in urban areas. The company also executes small real estate rental strategies.

Ain Holdings (TSE:9627) Headlines

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