Nippon Gas Co (FRA:NG0) Change In Inventory : €6 Mil (TTM As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Nippon Gas Co Change In Inventory?

Nippon Gas Co's change in inventory for the quarter that ended in Mar. 2024 was €6 Mil. It means Nippon Gas Co's inventory declined by €6 Mil from Dec. 2023 to Mar. 2024 .

Nippon Gas Co's change in inventory for the fiscal year that ended in Mar. 2024 was €6 Mil. It means Nippon Gas Co's inventory declined by €6 Mil from Mar. 2023 to Mar. 2024 .

Nippon Gas Co's Total Inventories for the quarter that ended in Mar. 2024 was €28 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nippon Gas Co's Days Inventory for the quarter that ended in Mar. 2024 was 13.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nippon Gas Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.56.

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. Nippon Gas Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.09.

Nippon Gas Co Change In Inventory Historical Data

The historical data trend for Nippon Gas Co's Change In 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.

Nippon Gas Co Change In Inventory Chart

Nippon Gas Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

Get a 7-Day Free Trial

-1.30

-4.49

-15.38

-2.28

5.91

Nippon Gas Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															8.34	11.47	2.69	-14.09	6.10

Nippon Gas Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €6 Mil.

Nippon Gas Co (FRA:NG0) Change In Inventory Explanation

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

Nippon Gas Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	34.3235	/	225.145	*	365 / 4
	=	13.91

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Nippon Gas Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	225.145	/	34.3235
	=	6.56

3. 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.

Nippon Gas Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	34.3235	/	366.548
	=	0.09

Nippon Gas Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Nippon Gas Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Nippon Gas Co (FRA:NG0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Nippon Gas Co Ltd (FRA:NG0) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

8174:Japan

Address

10, No. 7, No. 2-chome, Tokyo, JPN, 104-8540

Website

http://www.nichigas.co.jp

Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.

Nippon Gas Co (FRA:NG0) Headlines

No Headlines