NHK Spring Co (NHK Spring Co) Change In Inventory : $0 Mil (TTM As of Dec. 2023)

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What is NHK Spring Co Change In Inventory?

NHK Spring Co's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means NHK Spring Co's inventory stayed the same from Sep. 2023 to Dec. 2023 .

NHK Spring Co's change in inventory for the fiscal year that ended in Mar. 2024 was $58 Mil. It means NHK Spring Co's inventory declined by $58 Mil from Mar. 2023 to Mar. 2024 .

NHK Spring Co's Total Inventories for the quarter that ended in Dec. 2023 was $602 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NHK Spring Co's Days Inventory for the quarter that ended in Dec. 2023 was 45.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. NHK Spring Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.02.

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. NHK Spring Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.44.

NHK Spring Co Change In Inventory Historical Data

The historical data trend for NHK Spring Co's Change In 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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NHK Spring Co Change In Inventory Chart

NHK Spring Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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3.23

-3.10

-139.61

-106.52

57.67

NHK Spring Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

NHK Spring Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

NHK Spring Co (OTCPK:NHKGF) Change In Inventory Explanation

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

NHK Spring Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	607.63	/	1226.15	*	365 / 4
	=	45.22

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

NHK Spring Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1226.15	/	607.63
	=	2.02

3. 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.

NHK Spring Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	607.63	/	1389.713
	=	0.44

NHK Spring Co Change In Inventory Related Terms

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NHK Spring Co (NHK Spring Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NHK Spring Co Ltd (OTCPK:NHKGF) » Definitions » Change In Inventory

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Traded in Other Exchanges

5991:Japan

Address

3-10 Fukuura, Kanazawa-ku, Yokohama, JPN, 236-0004

Website

http://www.nhkspg.co.jp

NHK Spring Co Ltd is a Japanese manufacturer of suspension springs for automobiles and precision springs used in hard disk drive components. The company also produces leaf springs, coil springs, stabilizer bars, torsion bars, gas springs, automobile seats and seating components, hard disk drives suspensions and mechanical components, LCD/semiconductor testing probe units, and industrial machinery and equipment parts. The automotive suspension springs and precision springs segments and automotive seating segment generate the majority of NHK Spring's revenue. Geographically, Japan is the largest end market followed by other Asian countries and North America.

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