The historical rank and industry rank for Toho Titanium Co's Days Inventory or its related term are showing as below:
FRA:40A'
s Days Inventory Range Over the Past 10 Years
Min: 223.76 Med: 287.96 Max: 382.04
Current: 279.09
During the past 13 years, Toho Titanium Co's highest Days Inventory was 382.04. The lowest was 223.76. And the median was 287.96.
FRA:40A's Days Inventory is ranked worse than 88.91% of 658
companies
in the Metals & Mining industry
Industry Median: 88.535
vs FRA:40A: 279.09
Toho Titanium Co's Days Inventory
increased
from Dec. 2022 (237.78) to Dec. 2023 (294.83).
It might indicate that Toho Titanium Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Toho Titanium Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.31.
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.
Toho Titanium Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 2.59.
Toho Titanium Co Days Inventory Historical Data
The historical data trend for Toho Titanium 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.
Competitive Comparison of Toho Titanium Co's Days Inventory
For the Other Industrial Metals & Mining subindustry, Toho Titanium 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.
Toho Titanium Co's Days Inventory Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Toho Titanium Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Toho Titanium Co's Days Inventory falls into.
Toho Titanium Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Toho Titanium Co's Days Inventory for the fiscal year that ended in Mar. 2023 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.
Toho Titanium Co (FRA:40A) 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.
Toho Titanium Co's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Toho Titanium Co's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Toho Titanium Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Toho Titanium Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Toho Titanium Co Ltd is a company which focuses on titanium products. Through its titanium business, the company manufactures titanium ingots, titanium sponge, high-purity titanium, and fabricated titanium products. Products are sold across several industries, mostly for aerospace and electronic materials production. Materials gained in the titanium production process are utilised to create catalysts, titanium dioxide for electronic materials, and nickel powder for capacitors. These products form the catalysts and chemicals business, and the output is largely sold to petrochemical companies and businesses manufacturing electronic materials.
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