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NODA SCREEN CO., (TSE:6790) Days Inventory : 12.85 (As of Oct. 2012)


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What is NODA SCREEN CO., Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NODA SCREEN CO.,'s Average Total Inventories for the three months ended in Oct. 2012 was 円76 Mil. NODA SCREEN CO.,'s Cost of Goods Sold for the three months ended in Oct. 2012 was 円536 Mil. Hence, NODA SCREEN CO.,'s Days Inventory for the three months ended in Oct. 2012 was 12.85.

The historical rank and industry rank for NODA SCREEN CO.,'s Days Inventory or its related term are showing as below:

TSE:6790' s Days Inventory Range Over the Past 10 Years
Min: 11.5   Med: 12.47   Max: 51.4
Current: 51.4

During the past 5 years, NODA SCREEN CO.,'s highest Days Inventory was 51.40. The lowest was 11.50. And the median was 12.47.

TSE:6790's Days Inventory is not ranked
in the Hardware industry.
Industry Median: 103.88 vs TSE:6790: 51.40

NODA SCREEN CO.,'s Days Inventory declined from Oct. 2011 (16.20) to Oct. 2012 (12.85).

Inventory Turnover measures how fast the company turns over its inventory within a year. NODA SCREEN CO.,'s Inventory Turnover for the three months ended in Oct. 2012 was 7.10.

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. NODA SCREEN CO.,'s Inventory-to-Revenue for the three months ended in Oct. 2012 was 0.09.


NODA SCREEN CO., Days Inventory Historical Data

The historical data trend for NODA SCREEN 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.

NODA SCREEN CO., Days Inventory Chart

NODA SCREEN CO., Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12
Days Inventory
9.45 14.10 12.57 11.50 12.36

NODA SCREEN CO., Quarterly Data
Apr10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12
Days Inventory Get a 7-Day Free Trial Premium Member Only 16.20 13.70 10.87 10.09 12.85

Competitive Comparison of NODA SCREEN CO.,'s Days Inventory

For the Electronic Components subindustry, NODA SCREEN 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.


NODA SCREEN CO.,'s Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, NODA SCREEN CO.,'s Days Inventory distribution charts can be found below:

* The bar in red indicates where NODA SCREEN CO.,'s Days Inventory falls into.



NODA SCREEN CO., Days Inventory Calculation

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

NODA SCREEN CO.,'s Days Inventory for the fiscal year that ended in Apr. 2012 is calculated as

Days Inventory (A: Apr. 2012 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2011 ) + Total Inventories (A: Apr. 2012 )) / count ) / Cost of Goods Sold (A: Apr. 2012 )*Days in Period
=( (59.866 + 55.365) / 2 ) / 1701.833*365
=57.6155 / 1701.833*365
=12.36

NODA SCREEN CO.,'s Days Inventory for the quarter that ended in Oct. 2012 is calculated as:

Days Inventory (Q: Oct. 2012 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2012 ) + Total Inventories (Q: Oct. 2012 )) / count ) / Cost of Goods Sold (Q: Oct. 2012 )*Days in Period
=( (49.916 + 101.168) / 2 ) / 536.461*365 / 4
=75.542 / 536.461*365 / 4
=12.85

* 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.


NODA SCREEN CO.,  (TSE:6790) 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.

NODA SCREEN CO.,'s Inventory Turnover for the three months ended in Oct. 2012 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.

NODA SCREEN CO.,'s Inventory to Revenue for the three months ended in Oct. 2012 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.


NODA SCREEN CO., Days Inventory Related Terms

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