Nankai Chemical Co (TSE:4040) Days Inventory : 85.33 (As of Sep. 2024)

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What is Nankai Chemical Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nankai Chemical Co's Average Total Inventories for the three months ended in Sep. 2024 was 円2,837 Mil. Nankai Chemical Co's Cost of Goods Sold for the three months ended in Sep. 2024 was 円3,034 Mil. Hence, Nankai Chemical Co's Days Inventory for the three months ended in Sep. 2024 was 85.33.

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

TSE:4040' s Days Inventory Range Over the Past 10 Years
Min: 51.84 Med: 54.05 Max: 70.28
Current: 70.28

During the past 4 years, Nankai Chemical Co's highest Days Inventory was 70.28. The lowest was 51.84. And the median was 54.05.

TSE:4040's Days Inventory is ranked better than
57.57% of 1499 companies
in the Chemicals industry
Industry Median: 77.65 vs TSE:4040: 70.28

Nankai Chemical Co's Days Inventory increased from Sep. 2023 (76.45) to Sep. 2024 (85.33). It might indicate that Nankai Chemical Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nankai Chemical Co's Inventory Turnover for the three months ended in Sep. 2024 was 1.07.

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. Nankai Chemical Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.68.

Nankai Chemical Co Days Inventory Historical Data

The historical data trend for Nankai Chemical 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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Nankai Chemical Co Days Inventory Chart

Nankai Chemical Co Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Inventory

53.99

51.84

54.10

67.49

Nankai Chemical Co Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial					76.45	63.90	58.68	79.86	85.33

Competitive Comparison of Nankai Chemical Co's Days Inventory

For the Chemicals subindustry, Nankai Chemical 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.

Nankai Chemical Co's Days Inventory Distribution in the Chemicals Industry

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

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

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Nankai Chemical Co Days Inventory Calculation

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

Nankai Chemical 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
=	( (2558	+	2798)	/	2 )	/	14483	*	365
=	2678					/	14483	*	365
=	67.49

Nankai Chemical Co'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	+	2837)	/	1 )	/	3034	*	365 / 4
=	2837					/	3034	*	365 / 4
=	85.33

Nankai Chemical Co (TSE:4040) 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.

Nankai Chemical Co's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3034	/	2837
	=	1.07

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.

Nankai Chemical Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2837	/	4174
	=	0.68

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.

Nankai Chemical Co Days Inventory Related Terms

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Nankai Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nankai Chemical Co Ltd (TSE:4040) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-12-19 Minamihorie, Yotsubashi Star Building, Nishi-ku, Osaka, JPN, 550-0015

Website

https://www.nankai-chem.co.jp

Nankai Chemical Co Ltd is engaged in the manufacturing and sales of chemical products, agricultural products, quasi-drugs and food additives. collecting, transporting, and recycling of industrial wastes.

Nankai Chemical Co Headlines

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