Nisshin Oillio Group (TSE:2602) Change In Inventory : 円10,022 Mil (TTM As of Mar. 2024)

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What is Nisshin Oillio Group Change In Inventory?

Nisshin Oillio Group's change in inventory for the quarter that ended in Mar. 2024 was 円5,131 Mil. It means Nisshin Oillio Group's inventory declined by 円5,131 Mil from Dec. 2023 to Mar. 2024 .

Nisshin Oillio Group's change in inventory for the fiscal year that ended in Mar. 2024 was 円10,022 Mil. It means Nisshin Oillio Group's inventory declined by 円10,022 Mil from Mar. 2023 to Mar. 2024 .

Nisshin Oillio Group's Total Inventories for the quarter that ended in Mar. 2024 was 円97,615 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nisshin Oillio Group's Days Inventory for the quarter that ended in Mar. 2024 was 84.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nisshin Oillio Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.08.

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. Nisshin Oillio Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.81.

Nisshin Oillio Group Change In Inventory Historical Data

The historical data trend for Nisshin Oillio Group'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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Nisshin Oillio Group Change In Inventory Chart

Nisshin Oillio Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-3,710.00

-7,961.00

-22,681.00

-19,710.00

10,022.00

Nisshin Oillio Group 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															-911.00	9,048.00	-2,075.00	-2,082.00	5,131.00

Nisshin Oillio Group 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 円10,022 Mil.

Nisshin Oillio Group (TSE:2602) Change In Inventory Explanation

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

Nisshin Oillio Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	99739	/	107715	*	365 / 4
	=	84.49

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

Nisshin Oillio Group's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	107715	/	99739
	=	1.08

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.

Nisshin Oillio Group's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	99739	/	122999
	=	0.81

Nisshin Oillio Group Change In Inventory Related Terms

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Nisshin Oillio Group (TSE:2602) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nisshin Oillio Group Ltd (TSE:2602) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

1-23-1, Shinkawa, Chuo-ku, Tokyo, JPN, 104-8285

Website

http://www.nisshin-oillio.com

Nisshin Oillio Group Ltd is a Japanese company engaged in the manufacture of oil products. The company operates five reporting segments. The oils and meals business produces edible oils for household, commercial use, and food processing. The processed oils and fats business manufactures processed oil and fat products. The healthy foods business supplies dressings and healthcare products. The fine chemicals business provides raw materials for cosmetics, food ingredients, and chemical products. Finally the soy foods and materials business produces soy food ingredients and soy protein. The oils and meals business accounts for more than half of group revenue.

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