Days Inventory is also known as Days Sales of Inventory (DSI). Shin-Etsu Chemical Co's Average Total Inventories for the
three
months ended in Dec. 2023 was $4,939 Mil. Shin-Etsu Chemical Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $2,760 Mil.
Hence, Shin-Etsu Chemical Co's Days Inventory for the
three
months ended in Dec. 2023 was 163.28.
The historical rank and industry rank for Shin-Etsu Chemical Co's Days Inventory or its related term are showing as below:
SHECF'
s Days Inventory Range Over the Past 10 Years
Min: 104.09 Med: 114.25 Max: 167.93
Current: 167.93
During the past 13 years, Shin-Etsu Chemical Co's highest Days Inventory was 167.93. The lowest was 104.09. And the median was 114.25.
SHECF's Days Inventory is ranked worse than 84.59% of 1493
companies
in the Chemicals industry
Industry Median: 83.51
vs SHECF: 167.93
Shin-Etsu Chemical Co's Days Inventory
increased
from Dec. 2022 (126.60) to Dec. 2023 (163.28).
It might indicate that Shin-Etsu Chemical Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shin-Etsu Chemical Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.56.
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.
Shin-Etsu Chemical Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.13.
Shin-Etsu Chemical Co Days Inventory Historical Data
The historical data trend for Shin-Etsu Chemical 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.
* Premium members only.
Shin-Etsu Chemical Co Annual Data
Trend
Mar14
Mar15
Mar16
Mar17
Mar18
Mar19
Mar20
Mar21
Mar22
Mar23
Days Inventory
109.70
126.53
140.57
128.86
137.31
Shin-Etsu Chemical Co Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
126.60
151.32
181.42
186.83
163.28
Competitive Comparison
For the Chemicals subindustry, Shin-Etsu Chemical 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.
Shin-Etsu Chemical Co Days Inventory Distribution
For the Chemicals industry and Basic Materials sector, Shin-Etsu Chemical Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Shin-Etsu Chemical Co's Days Inventory falls into.
Shin-Etsu Chemical Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Shin-Etsu Chemical Co'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.
Shin-Etsu Chemical Co (OTCPK:SHECF) 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.
Shin-Etsu Chemical 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.
Shin-Etsu Chemical 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.
Shin-Etsu Chemical Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Shin-Etsu Chemical Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Shin-Etsu Chemical Co (Shin-Etsu Chemical Co) Business Description
Shin-Etsu Chemical Co Ltd is a Japan-based company primarily engaged in chemical business. The company operates in six business segments namely Poly Vinyl Chloride, Specialty Chemicals, Silicon, Semiconductor Silicon, Electronic and Functional Materials and Diversified business. It derives majority of revenue through Poly Vinyl Chloride segment which manufactures and sells vinyl chloride, caustic soda products, chloromethane and methanol. The group is also involved in manufacturing and selling of various other chemical products such as Polyvinyl alcohol, Synthetic pheromones, Rare-earth magnets for electronics industry and general applications, Photoresists, Photomask blanks and others. Geographically, it operates from the market of Japan and its business is amplifying across the globe.
Shin-Etsu Chemical Co (Shin-Etsu Chemical Co) Headlines
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