Days Inventory is also known as Days Sales of Inventory (DSI). Oji Holdings's Average Total Inventories for the
three
months ended in Dec. 2023 was $2,006 Mil. Oji Holdings's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $2,537 Mil.
Hence, Oji Holdings's Days Inventory for the
three
months ended in Dec. 2023 was 72.13.
The historical rank and industry rank for Oji Holdings's Days Inventory or its related term are showing as below:
OJIPY'
s Days Inventory Range Over the Past 10 Years
Min: 58.96 Med: 65.57 Max: 76.83
Current: 76.83
During the past 13 years, Oji Holdings's highest Days Inventory was 76.83. The lowest was 58.96. And the median was 65.57.
OJIPY's Days Inventory is ranked better than 61.51% of 278
companies
in the Forest Products industry
Industry Median: 87.975
vs OJIPY: 76.83
Oji Holdings's Days Inventory
increased
from Dec. 2022 (65.43) to Dec. 2023 (72.13).
It might indicate that Oji Holdings's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Oji Holdings's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.27.
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.
Oji Holdings's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.65.
Oji Holdings Days Inventory Historical Data
The historical data trend for Oji Holdings'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.
For the Paper & Paper Products subindustry, Oji Holdings'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.
Oji Holdings Days Inventory Distribution
For the Forest Products industry and Basic Materials sector, Oji Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where Oji Holdings's Days Inventory falls into.
Oji Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Oji Holdings's Days Inventory for the fiscal year that ended in Mar. 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.
Oji Holdings (OTCPK:OJIPY) 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.
Oji Holdings'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.
Oji Holdings'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.
Oji Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of Oji Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Oji Holdings Corp is a holding company whose subsidiaries produce and sell pulp and a variety of paper products The company organizes itself into four segments based on product type. The household and industrial materials segment, which generates more revenue than any other segment, sells packaging materials, paper towels, toilet paper, tissues, and diapers. The functional materials segment sells adhesive paper, specialty paper, and film. The forest resources and environmental marketing segment sells lumber, pulp, and biomass fuel. The printing and communications media segment sells newsprint, magazine paper, and printer paper.
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