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Shikoku Kasei Holdings (TSE:4099) Days Inventory : 115.16 (As of Mar. 2024)


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What is Shikoku Kasei Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shikoku Kasei Holdings's Average Total Inventories for the three months ended in Mar. 2024 was 円13,238 Mil. Shikoku Kasei Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was 円10,489 Mil. Hence, Shikoku Kasei Holdings's Days Inventory for the three months ended in Mar. 2024 was 115.16.

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

TSE:4099' s Days Inventory Range Over the Past 10 Years
Min: 97.19   Med: 102.85   Max: 119.91
Current: 116.37

During the past 13 years, Shikoku Kasei Holdings's highest Days Inventory was 119.91. The lowest was 97.19. And the median was 102.85.

TSE:4099's Days Inventory is ranked worse than
69.88% of 1494 companies
in the Chemicals industry
Industry Median: 82.18 vs TSE:4099: 116.37

Shikoku Kasei Holdings's Days Inventory declined from Mar. 2023 (141.30) to Mar. 2024 (115.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shikoku Kasei Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 0.79.

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. Shikoku Kasei Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.76.


Shikoku Kasei Holdings Days Inventory Historical Data

The historical data trend for Shikoku Kasei Holdings'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.

Shikoku Kasei Holdings Days Inventory Chart

Shikoku Kasei Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.68 116.74 119.91 118.89 113.21

Shikoku Kasei Holdings 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 141.30 114.07 120.20 115.82 115.16

Competitive Comparison of Shikoku Kasei Holdings's Days Inventory

For the Specialty Chemicals subindustry, Shikoku Kasei Holdings'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.


Shikoku Kasei Holdings's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Shikoku Kasei Holdings's Days Inventory falls into.



Shikoku Kasei Holdings Days Inventory Calculation

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

Shikoku Kasei Holdings'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: Mar. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (11103 + 13384) / 2 ) / 39474*365
=12243.5 / 39474*365
=113.21

Shikoku Kasei Holdings'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
=( (13384 + 13091) / 2 ) / 10489*365 / 4
=13237.5 / 10489*365 / 4
=115.16

* 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.


Shikoku Kasei Holdings  (TSE:4099) 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.

Shikoku Kasei Holdings'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.

Shikoku Kasei Holdings'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.


Shikoku Kasei Holdings Days Inventory Related Terms

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


Shikoku Kasei Holdings (TSE:4099) Business Description

Traded in Other Exchanges
N/A
Address
8-537-1 Dokicho-Higashi, Marugame-shi, Kagawa-ken, JPN, 763-8504
Shikoku Kasei Holdings Corp is engaged in the chemicals and building material business. The chemicals are used in various things and places such as automobiles, smartphones, and pools. The building material products add color to living spaces, such as painted walls, garage front doors, and archways for public facilities.

Shikoku Kasei Holdings (TSE:4099) Headlines

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