GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Paint Holdings Co Ltd (OTCPK:NPCPF) » Definitions » Days Inventory

Nippon Paint Holdings Co (Nippon Paint Holdings Co) Days Inventory : 75.16 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Nippon Paint Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nippon Paint Holdings Co's Average Total Inventories for the three months ended in Mar. 2024 was $1,251 Mil. Nippon Paint Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,519 Mil. Hence, Nippon Paint Holdings Co's Days Inventory for the three months ended in Mar. 2024 was 75.16.

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

NPCPF' s Days Inventory Range Over the Past 10 Years
Min: 59.59   Med: 67.7   Max: 88.93
Current: 74

During the past 13 years, Nippon Paint Holdings Co's highest Days Inventory was 88.93. The lowest was 59.59. And the median was 67.70.

NPCPF's Days Inventory is ranked better than
55.87% of 1491 companies
in the Chemicals industry
Industry Median: 81.77 vs NPCPF: 74.00

Nippon Paint Holdings Co's Days Inventory declined from Mar. 2023 (80.08) to Mar. 2024 (75.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nippon Paint Holdings Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.21.

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 Paint Holdings Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.49.


Nippon Paint Holdings Co Days Inventory Historical Data

The historical data trend for Nippon Paint Holdings 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.

* Premium members only.

Nippon Paint Holdings Co Days Inventory Chart

Nippon Paint Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.75 73.75 69.46 74.08 76.56

Nippon Paint Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 80.08 77.11 71.13 75.78 75.16

Competitive Comparison of Nippon Paint Holdings Co's Days Inventory

For the Specialty Chemicals subindustry, Nippon Paint Holdings 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 Paint Holdings Co's Days Inventory Distribution in the Chemicals Industry

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

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



Nippon Paint Holdings Co Days Inventory Calculation

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

Nippon Paint Holdings 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
=( (1304.89 + 1219.719) / 2 ) / 6017.787*365
=1262.3045 / 6017.787*365
=76.56

Nippon Paint Holdings Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1219.719 + 1282.798) / 2 ) / 1519.157*365 / 4
=1251.2585 / 1519.157*365 / 4
=75.16

* 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.


Nippon Paint Holdings Co  (OTCPK:NPCPF) 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 Paint Holdings Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Nippon Paint Holdings Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Nippon Paint Holdings Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Nippon Paint Holdings Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Nippon Paint Holdings Co (Nippon Paint Holdings Co) Business Description

Traded in Other Exchanges
Address
2-1-2 Oyodo Kita, Kita-ku, Osaka, JPN, 531-8511
Nippon Paint Holdings Co Ltd is a holding company, which, through its subsidiaries, manufactures and sells a variety of paint and coating products. The firm organizes itself into four operating companies based on end market. The automotive paints division sells paint and temperature-control coatings that are used to cover the body of an automobile. The industrial-use paints division sells paints and coatings for trains and ships. The trade-use paints division sells paints and coatings that are used on buildings, bridges, and roads. The surface treatments division sells anti-corrosive and anti-rust coatings for metal products and electronics. The company organizes itself into three segments based on geography: Japan, Asia, and Americas. The majority of revenue comes from Japan.