GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Daiichi Commodities Co Ltd (TSE:8746) » Definitions » Inventory-to-Revenue

Daiichi Commodities Co (TSE:8746) Inventory-to-Revenue : 0.16 (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Daiichi Commodities Co Inventory-to-Revenue?

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. Daiichi Commodities Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円209 Mil. Daiichi Commodities Co's Revenue for the three months ended in Dec. 2023 was 円1,325 Mil. Daiichi Commodities Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.

Daiichi Commodities Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.14) to Sep. 2023 (0.16)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Daiichi Commodities Co's Days Inventory for the three months ended in Dec. 2023 was 15.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Daiichi Commodities Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.73.


Daiichi Commodities Co Inventory-to-Revenue Historical Data

The historical data trend for Daiichi Commodities Co's Inventory-to-Revenue 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.

Daiichi Commodities Co Inventory-to-Revenue Chart

Daiichi Commodities Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.14 0.12 0.13 0.07

Daiichi Commodities Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue 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 0.25 0.20 0.50 0.14 0.16

Competitive Comparison of Daiichi Commodities Co's Inventory-to-Revenue

For the Capital Markets subindustry, Daiichi Commodities Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Daiichi Commodities Co's Inventory-to-Revenue Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Daiichi Commodities Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Daiichi Commodities Co's Inventory-to-Revenue falls into.



Daiichi Commodities Co Inventory-to-Revenue Calculation

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.

Daiichi Commodities Co's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (358.655 + 302.096) / 2 ) / 4637.686
=330.3755 / 4637.686
=0.07

Daiichi Commodities Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (50.511 + 368.422) / 2 ) / 1325.466
=209.4665 / 1325.466
=0.16

* 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.


Daiichi Commodities Co  (TSE:8746) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Daiichi Commodities Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=209.4665/1200.192*365 / 4
=15.93

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

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

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=1200.192 / 209.4665
=5.73

* 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.


Daiichi Commodities Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Daiichi Commodities Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Daiichi Commodities Co (TSE:8746) Business Description

Traded in Other Exchanges
N/A
Address
9-1 Shinsen-cho, Shibuya-ku, Tokyo, JPN, 150 0045
Daiichi Commodities Co Ltd provides commodity futures trading services. It trades for its own account and clients. It also engages in commodity fund business, foreign exchange trading and sale of precious metals.

Daiichi Commodities Co (TSE:8746) Headlines

No Headlines