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TKINF (Takasago International) Days Inventory : 139.95 (As of Sep. 2024)


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What is Takasago International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Takasago International's Average Total Inventories for the three months ended in Sep. 2024 was $409 Mil. Takasago International's Cost of Goods Sold for the three months ended in Sep. 2024 was $267 Mil. Hence, Takasago International's Days Inventory for the three months ended in Sep. 2024 was 139.95.

The historical rank and industry rank for Takasago International's Days Inventory or its related term are showing as below:

TKINF' s Days Inventory Range Over the Past 10 Years
Min: 128.88   Med: 137.08   Max: 150.87
Current: 145.86

During the past 13 years, Takasago International's highest Days Inventory was 150.87. The lowest was 128.88. And the median was 137.08.

TKINF's Days Inventory is ranked worse than
80.11% of 1493 companies
in the Chemicals industry
Industry Median: 79.65 vs TKINF: 145.86

Takasago International's Days Inventory declined from Sep. 2023 (148.74) to Sep. 2024 (139.95).

Inventory Turnover measures how fast the company turns over its inventory within a year. Takasago International's Inventory Turnover for the three months ended in Sep. 2024 was 0.65.

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. Takasago International's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.01.


Takasago International Days Inventory Historical Data

The historical data trend for Takasago International'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.

Takasago International Days Inventory Chart

Takasago International Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 130.83 145.71 157.22 153.45 154.11

Takasago International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 148.74 146.63 158.21 146.62 139.95

Competitive Comparison of Takasago International's Days Inventory

For the Specialty Chemicals subindustry, Takasago International'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.


Takasago International's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Takasago International's Days Inventory falls into.



Takasago International Days Inventory Calculation

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

Takasago International's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (415.93 + 370.148) / 2 ) / 930.885*365
=393.039 / 930.885*365
=154.11

Takasago International's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 408.768) / 1 ) / 266.526*365 / 4
=408.768 / 266.526*365 / 4
=139.95

* 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.


Takasago International  (OTCPK:TKINF) 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.

Takasago International's Inventory Turnover for the three months ended in Sep. 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.

Takasago International's Inventory to Revenue for the three months ended in Sep. 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.


Takasago International Days Inventory Related Terms

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


Takasago International Business Description

Traded in Other Exchanges
Address
Nissay Aroma Square 17F, 5-37-1, Kamata, Ohta-ku, Tokyo, JPN, 144-8721
Takasago International Corp is a Japan-based company engaged in the manufacture and sale of flavors, fragrances, aroma chemicals and fine chemicals. The Flavor products include flavors used in frozen desserts, such as beverages and ice creams, gums, confectioneries, processed foods and other processed food materials products. The Fragrance products include fragrances used in detergents, cosmetics and perfuming agents. The Aroma chemicals include menthol, synthetic perfumes such as musk, among others. The Fine chemicals include pharmaceutical intermediates, catalysts, photographic industry drugs and organic electronic materials. The majority of its revenue is generated from Flavors. The company operates its business mainly in Japan and rest from Asia, America, and Europe.

Takasago International Headlines

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