Sekisui Chemical Co (Sekisui Chemical Co) Inventory Turnover : 0.75 (As of Mar. 2024)

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What is Sekisui Chemical Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Sekisui Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,525 Mil. Sekisui Chemical Co's Average Total Inventories for the quarter that ended in Mar. 2024 was $2,045 Mil. Sekisui Chemical Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sekisui Chemical Co's Days Inventory for the three months ended in Mar. 2024 was 122.41.

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. Sekisui Chemical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.92.

Sekisui Chemical Co Inventory Turnover Historical Data

The historical data trend for Sekisui Chemical Co's Inventory Turnover 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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Sekisui Chemical Co Inventory Turnover Chart

Sekisui Chemical Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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3.80

3.28

3.29

3.08

2.79

Sekisui Chemical Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.80	0.65	0.73	0.72	0.75

Sekisui Chemical Co Inventory Turnover Calculation

Sekisui Chemical Co's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	5769.264	/ (	(2145.666	+	1990.621)	/	2 )
=	5769.264	/	2068.1435
=	2.79

Sekisui Chemical Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	1524.671	/ (	(2099.86	+	1990.621)	/	2 )
=	1524.671	/	2045.2405
=	0.75

Sekisui Chemical Co (OTCPK:SKSUY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Sekisui Chemical Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	2045.2405	/	1524.671	*	365 / 4
	=	122.41

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.

Sekisui Chemical Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	2045.2405	/	2220.065
	=	0.92

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Sekisui Chemical Co Inventory Turnover Related Terms

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Sekisui Chemical Co (Sekisui Chemical Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sekisui Chemical Co Ltd (OTCPK:SKSUY) » Definitions » Inventory Turnover

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Traded in Other Exchanges

SKSUF:USA 4204:Japan SUI:Germany

Address

4-4, Nishitenma 2-Chome, Kita-ku, Osaka, JPN, 530-8565

Website

http://www.sekisui.co.jp

Sekisui Chemical Co., Ltd. is a Japanese diversified holding company that owns a high-performance-plastics company, a residential construction company, and an urban infrastructure company. The plastics part of the business focuses on the production of materials for electronics, transportation, and buildings. The residential construction segment builds single-family and multiunit housing in Japan. The company's unit construction method allows prebuilt modular components to be assembled at various plants, which reduces construction time on-site. Sekisui's urban infrastructure products and industrial piping are used in mass transit and buildings. High-performance plastics and residential construction account for the majority of the company's revenue.

Sekisui Chemical Co (Sekisui Chemical Co) Headlines

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