Sumitomo Chemical Co (Sumitomo Chemical Co) Change In Inventory : $286 Mil (TTM As of Dec. 2023)

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What is Sumitomo Chemical Co Change In Inventory?

Sumitomo Chemical Co's change in inventory for the quarter that ended in Dec. 2023 was $95 Mil. It means Sumitomo Chemical Co's inventory declined by $95 Mil from Sep. 2023 to Dec. 2023 .

Sumitomo Chemical Co's change in inventory for the fiscal year that ended in Mar. 2023 was $-598 Mil. It means Sumitomo Chemical Co's inventory increased by $598 Mil from Mar. 2022 to Mar. 2023 .

Sumitomo Chemical Co's Total Inventories for the quarter that ended in Dec. 2023 was $5,254 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sumitomo Chemical Co's Days Inventory for the quarter that ended in Dec. 2023 was 149.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sumitomo Chemical Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.61.

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. Sumitomo Chemical Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.23.

Sumitomo Chemical Co Change In Inventory Historical Data

The historical data trend for Sumitomo Chemical 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.

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Sumitomo Chemical Co Change In Inventory Chart

Sumitomo Chemical Co Annual Data

Trend

Mar14

Mar15

Mar16

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Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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-320.42

-108.79

116.32

-828.55

-597.67

Sumitomo Chemical Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															16.97	190.59	-241.42	241.58	95.23

Sumitomo Chemical 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $286 Mil.

Sumitomo Chemical Co (OTCPK:SOMMY) Change In Inventory Explanation

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

Sumitomo Chemical 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
	=	5279.797	/	3216.795	*	365 / 4
	=	149.77

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

Sumitomo Chemical Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3216.795	/	5279.797
	=	0.61

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.

Sumitomo Chemical Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5279.797	/	4306.067
	=	1.23

Sumitomo Chemical Co Change In Inventory Related Terms

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Sumitomo Chemical Co (Sumitomo Chemical Co) Business Description

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SOMMF:USA 4005:Japan SMM:Germany

Address

27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, JPN, 104-8260

Website

http://www.sumitomo-chem.co.jp

Sumitomo Chemical Co Ltd manufactures and sells chemicals and chemical-based products. The firm is organized into six segments by product type. The petrochemicals and plastics segment, which generates more revenue than any other segment, sells multiple products including propylene and polypropylene used in automobile seat cushions and interior panels. The pharmaceutical segment sells medicine to treat diabetes, neurology, cancer, and infectious diseases. The IT-related chemicals segment sells compound semiconductors and polarizing films used in LCD displays for TVs and smartphones. The other three segments are health and crop sciences; energy and functional materials; and "others." The majority of revenue comes from Japan and China.

Sumitomo Chemical Co (Sumitomo Chemical Co) Headlines

From GuruFocus

Sumitomo Chemical Co Stock Is Estimated To Be Modestly Overvalued

By GF Value GF Value • 04-15-2021