Nippon Carbon Co (Nippon Carbon Co) Days Inventory : 234.67 (As of Dec. 2023)

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What is Nippon Carbon Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nippon Carbon Co's Average Total Inventories for the three months ended in Dec. 2023 was $130.6 Mil. Nippon Carbon Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $50.8 Mil. Hence, Nippon Carbon Co's Days Inventory for the three months ended in Dec. 2023 was 234.67.

The historical rank and industry rank for Nippon Carbon Co's Days Inventory or its related term are showing as below:

NCRBF' s Days Inventory Range Over the Past 10 Years
Min: 175.79 Med: 225.64 Max: 329.89
Current: 257.5

During the past 13 years, Nippon Carbon Co's highest Days Inventory was 329.89. The lowest was 175.79. And the median was 225.64.

NCRBF's Days Inventory is ranked worse than
93.24% of 1493 companies
in the Chemicals industry
Industry Median: 82.59 vs NCRBF: 257.50

Nippon Carbon Co's Days Inventory increased from Dec. 2022 (200.35) to Dec. 2023 (234.67). It might indicate that Nippon Carbon Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nippon Carbon Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.39.

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 Carbon Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.71.

Nippon Carbon Co Days Inventory Historical Data

The historical data trend for Nippon Carbon 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.

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Nippon Carbon Co Days Inventory Chart

Nippon Carbon Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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238.60

321.68

266.81

244.32

255.94

Nippon Carbon Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															200.35	302.14	245.25	279.12	234.67

Competitive Comparison of Nippon Carbon Co's Days Inventory

For the Specialty Chemicals subindustry, Nippon Carbon 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.

Nippon Carbon Co's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nippon Carbon Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nippon Carbon Co's Days Inventory falls into.

Nippon Carbon Co Days Inventory Calculation

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

Nippon Carbon Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (122.418	+	130.989)	/	2 )	/	180.697	*	365
=	126.7035					/	180.697	*	365
=	255.94

Nippon Carbon Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (130.292	+	130.989)	/	2 )	/	50.798	*	365 / 4
=	130.6405					/	50.798	*	365 / 4
=	234.67

Nippon Carbon Co (OTCPK:NCRBF) 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.

Nippon Carbon Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	50.798	/	130.6405
	=	0.39

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.

Nippon Carbon Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	130.6405	/	76.586
	=	1.71

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.

Nippon Carbon Co Days Inventory Related Terms

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Nippon Carbon Co (Nippon Carbon Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Carbon Co Ltd (OTCPK:NCRBF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

5302:Japan NPV:Germany

Address

6-1, Hacchobori 2-chome, Chuo ku, Tokyo, JPN, 104-0032

Website

http://www.carbon.co.jp

Nippon Carbon Co Ltd engages in the manufacture and sale of carbon products. It provides products in following categories: Carbon Products, Silicon carbide products, and Others. The Carbon Products include artificial graphite electrode, impervious graphite products, isotropic high purity graphite products, a machine for graphite products, general purpose carbon fibers, and graphite fibers, containing resin graphite fibers made of packing, flexible graphite sealing material, and node material for lithium ion battery. Silicon carbide products are involved in the development and sale of ceramic matrix composite. Other category deals with manufacturing industrial machinery, mechanical repair, building and parking leasing.

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