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Toyobo Co (TSE:3101) Days Inventory : 135.74 (As of Dec. 2023)


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What is Toyobo Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Toyobo Co's Average Total Inventories for the three months ended in Dec. 2023 was 円126,275 Mil. Toyobo Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円84,887 Mil. Hence, Toyobo Co's Days Inventory for the three months ended in Dec. 2023 was 135.74.

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

TSE:3101' s Days Inventory Range Over the Past 10 Years
Min: 104.89   Med: 110.32   Max: 139.08
Current: 139.08

During the past 13 years, Toyobo Co's highest Days Inventory was 139.08. The lowest was 104.89. And the median was 110.32.

TSE:3101's Days Inventory is ranked worse than
77.06% of 1491 companies
in the Chemicals industry
Industry Median: 81.73 vs TSE:3101: 139.08

Toyobo Co's Days Inventory declined from Dec. 2022 (138.31) to Dec. 2023 (135.74).

Inventory Turnover measures how fast the company turns over its inventory within a year. Toyobo Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.67.

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. Toyobo Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.17.


Toyobo Co Days Inventory Historical Data

The historical data trend for Toyobo 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.

Toyobo Co Days Inventory Chart

Toyobo Co 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 112.61 115.94 112.50 126.31 136.42

Toyobo 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 135.74 144.53 144.72 135.74 134.60

Competitive Comparison of Toyobo Co's Days Inventory

For the Specialty Chemicals subindustry, Toyobo 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.


Toyobo Co's Days Inventory Distribution in the Chemicals Industry

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

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



Toyobo Co Days Inventory Calculation

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

Toyobo Co'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
=( (121901 + 121983) / 2 ) / 326267*365
=121942 / 326267*365
=136.42

Toyobo 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
=( (127541 + 125009) / 2 ) / 84887*365 / 4
=126275 / 84887*365 / 4
=135.74

* 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.


Toyobo Co  (TSE:3101) 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.

Toyobo 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.

Toyobo 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.


Toyobo Co Days Inventory Related Terms

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


Toyobo Co (TSE:3101) Business Description

Traded in Other Exchanges
Address
2-8, Dojima Hama 2-chome, Kita-ku, Osaka, JPN, 530-8230
Toyobo Co Ltd manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into four segments based on product type. The films and functional polymers segment, which generates more of Toyobo's revenue than any other segment, sells industrial films for liquid crystal displays, packaging films for food packaging, and engineered plastics and coatings for electronics. The industrial materials segment sells airbag fabrics and polyester for tires to the automotive industry. The healthcare segment sells enzymes for diagnostics, diagnostic systems, pharmaceuticals, and seawater desalination modules. The textiles segment sells synthetic and acrylic fibers used for apparel production. The majority of revenue comes from Japan.

Toyobo Co (TSE:3101) Headlines

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