Days Inventory is also known as Days Sales of Inventory (DSI). Nissui's Average Total Inventories for the
three
months ended in Dec. 2023 was $1,331 Mil. Nissui's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $1,276 Mil.
Hence, Nissui's Days Inventory for the
three
months ended in Dec. 2023 was 95.15.
The historical rank and industry rank for Nissui's Days Inventory or its related term are showing as below:
NISUY'
s Days Inventory Range Over the Past 10 Years
Min: 72.56 Med: 80.76 Max: 97.55
Current: 97.55
During the past 13 years, Nissui's highest Days Inventory was 97.55. The lowest was 72.56. And the median was 80.76.
NISUY's Days Inventory is ranked worse than 58.86% of 1784
companies
in the Consumer Packaged Goods industry
Industry Median: 82.495
vs NISUY: 97.55
Nissui's Days Inventory
increased
from Dec. 2022 (92.41) to Dec. 2023 (95.15).
It might indicate that Nissui's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nissui's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.96.
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.
Nissui's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.88.
Nissui Days Inventory Historical Data
The historical data trend for Nissui'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.
Nissui Annual Data
Trend
Mar14
Mar15
Mar16
Mar17
Mar18
Mar19
Mar20
Mar21
Mar22
Mar23
Days Inventory
81.77
83.92
91.98
89.24
94.67
Nissui Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
92.41
97.08
100.96
99.99
95.15
Competitive Comparison
For the Packaged Foods subindustry, Nissui'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.
Nissui Days Inventory Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nissui's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nissui's Days Inventory falls into.
Nissui Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Nissui's Days Inventory for the fiscal year that ended in Mar. 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.
Nissui (OTCPK:NISUY) 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.
Nissui'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.
Nissui'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.
Nissui Days Inventory Related Terms
Thank you for viewing the detailed overview of Nissui's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Nissui Corp primarily operates in the marine and food product businesses. The company divides its business activities into four segments: the marine products segment, which is engaged in the fishing, processing, and sale of marine products; the food segment, which produces and sells processed food products; the fine segment, which consists of the manufacture and sale of generic pharmaceuticals and health food; and the logistics segment, which is engaged in the cold storage of marine products and cargo transportation. The company also provides construction and repair of ships, marine transportation, and engineering services, and it operates in cosmetics business through its subsidiary.
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