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Tokyo Plast International (NSE:TOKYOPLAST) Days Inventory : 189.56 (As of Dec. 2023)


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What is Tokyo Plast International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tokyo Plast International's Average Total Inventories for the three months ended in Dec. 2023 was ₹191.4 Mil. Tokyo Plast International's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹92.1 Mil. Hence, Tokyo Plast International's Days Inventory for the three months ended in Dec. 2023 was 189.56.

The historical rank and industry rank for Tokyo Plast International's Days Inventory or its related term are showing as below:

NSE:TOKYOPLAST' s Days Inventory Range Over the Past 10 Years
Min: 60.17   Med: 104.3   Max: 228.17
Current: 205.79

During the past 13 years, Tokyo Plast International's highest Days Inventory was 228.17. The lowest was 60.17. And the median was 104.30.

NSE:TOKYOPLAST's Days Inventory is ranked worse than
92.88% of 365 companies
in the Packaging & Containers industry
Industry Median: 78.08 vs NSE:TOKYOPLAST: 205.79

Tokyo Plast International's Days Inventory declined from Dec. 2022 (220.07) to Dec. 2023 (189.56).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tokyo Plast International's Inventory Turnover for the three months ended in Dec. 2023 was 0.48.

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. Tokyo Plast International's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.21.


Tokyo Plast International Days Inventory Historical Data

The historical data trend for Tokyo Plast International'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.

Tokyo Plast International Days Inventory Chart

Tokyo Plast International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 116.84 202.55 228.17 182.29 185.17

Tokyo Plast International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 220.07 190.38 247.06 160.52 189.56

Competitive Comparison of Tokyo Plast International's Days Inventory

For the Packaging & Containers subindustry, Tokyo Plast International'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.


Tokyo Plast International's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Tokyo Plast International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tokyo Plast International's Days Inventory falls into.



Tokyo Plast International Days Inventory Calculation

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

Tokyo Plast International's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (234.363 + 193.36) / 2 ) / 421.562*365
=213.8615 / 421.562*365
=185.17

Tokyo Plast International's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (191.36 + 0) / 1 ) / 92.116*365 / 4
=191.36 / 92.116*365 / 4
=189.56

* 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.


Tokyo Plast International  (NSE:TOKYOPLAST) 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.

Tokyo Plast International'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.

Tokyo Plast International'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.


Tokyo Plast International Days Inventory Related Terms

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


Tokyo Plast International (NSE:TOKYOPLAST) Business Description

Traded in Other Exchanges
Address
Andheri Kurla Road Near J.B.Nagar, 601-A, Dynasty Business Park, Andheri East, Mumbai, MH, IND, 400059
Tokyo Plast International Ltd is engaged in the manufacture of plastic thermoware products, thermo food containers, and coolers in India. The company manufactures, exports, and supplies a variety of insulated utility containers. Its product includes an Insulated water jug, Ice cooler chest, Outdoor Ice Box, and Hot food containers. It derives key revenue from export sales.

Tokyo Plast International (NSE:TOKYOPLAST) Headlines

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