Nichia Steel Works (TSE:5658) Change In Inventory : 円0 Mil (TTM As of Dec. 2023)

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What is Nichia Steel Works Change In Inventory?

Nichia Steel Works's change in inventory for the quarter that ended in Dec. 2023 was 円0 Mil. It means Nichia Steel Works's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Nichia Steel Works's change in inventory for the fiscal year that ended in Mar. 2023 was 円-1,578 Mil. It means Nichia Steel Works's inventory increased by 円1,578 Mil from Mar. 2022 to Mar. 2023 .

Nichia Steel Works's Total Inventories for the quarter that ended in Dec. 2023 was 円11,622 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nichia Steel Works's Days Inventory for the quarter that ended in Dec. 2023 was 144.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nichia Steel Works's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.63.

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. Nichia Steel Works's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.31.

Nichia Steel Works Change In Inventory Historical Data

The historical data trend for Nichia Steel Works'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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Nichia Steel Works Change In Inventory Chart

Nichia Steel Works Annual Data

Trend

Mar14

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Mar16

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Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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25.31

-639.55

1,035.39

-2,285.49

-1,577.92

Nichia Steel Works 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															-	-	-	-	-

Nichia Steel Works 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 円0 Mil.

Nichia Steel Works (TSE:5658) Change In Inventory Explanation

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

Nichia Steel Works's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	11882.8925	/	7519.002	*	365 / 4
	=	144.21

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

Nichia Steel Works's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7519.002	/	11882.8925
	=	0.63

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.

Nichia Steel Works's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11882.8925	/	9053.588
	=	1.31

Nichia Steel Works Change In Inventory Related Terms

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Nichia Steel Works (TSE:5658) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nichia Steel Works Ltd (TSE:5658) » Definitions » Change In Inventory

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Address

6-74 Doui, Hyogo, Amagasaki, JPN, 660-0083

Website

http://www.nichiasteel.co.jp

Nichia Steel Works Ltd is a manufacturer of steel wire products, fasteners and related products. The products are used in various fields such as construction and civil infrastructure. It offers low carbon steel wire products, hard drawn steel wire products, fasteners & special products and other special finished products.

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