Days Inventory is also known as Days Sales of Inventory (DSI). Kuraray Co's Average Total Inventories for the
three
months ended in Dec. 2023 was $1,631 Mil. Kuraray Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $1,030 Mil.
Hence, Kuraray Co's Days Inventory for the
three
months ended in Dec. 2023 was 144.50.
The historical rank and industry rank for Kuraray Co's Days Inventory or its related term are showing as below:
KURRY'
s Days Inventory Range Over the Past 10 Years
Min: 103.2 Med: 128.92 Max: 158.97
Current: 158.97
During the past 13 years, Kuraray Co's highest Days Inventory was 158.97. The lowest was 103.20. And the median was 128.92.
KURRY's Days Inventory is ranked worse than 82.47% of 1495
companies
in the Chemicals industry
Industry Median: 83.73
vs KURRY: 158.97
Kuraray Co's Days Inventory
increased
from Dec. 2022 (142.05) to Dec. 2023 (144.50).
It might indicate that Kuraray Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Kuraray Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.63.
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.
Kuraray Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.14.
Kuraray Co Days Inventory Historical Data
The historical data trend for Kuraray Co'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.
Competitive Comparison of Kuraray Co's Days Inventory
For the Chemicals subindustry, Kuraray Co'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.
Kuraray Co's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Kuraray Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Kuraray Co's Days Inventory falls into.
Kuraray Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Kuraray Co's Days Inventory for the fiscal year that 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.
Kuraray Co (OTCPK:KURRY) 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.
Kuraray Co'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.
Kuraray Co'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.
Kuraray Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Kuraray Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Kuraray Co Ltd manufactures and sells specialty chemicals, fiber, and resin. The firm organizes itself into six segments based on product type. The Vinyl Acetate segment, which generates the most revenue of any segment, sells plastic films and resins for use in the food packaging and electronics industries. The Isoprene segment sells isoprene chemicals, thermoplastic elastomers, and liquid rubber. The Functional Materials segment sells dental materials, while the Fibers and Textiles segment sells fibers for cement and concrete, industrial products for automobiles, and hook and loop fasteners for clothing. The other two segments are Trading, and Other. The majority of revenue comes from Asia.
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