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Nippon Pigment Co (TSE:4119) Days Inventory : 79.50 (As of Mar. 2024)


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What is Nippon Pigment Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nippon Pigment Co's Average Total Inventories for the three months ended in Mar. 2024 was 円4,122 Mil. Nippon Pigment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円4,731 Mil. Hence, Nippon Pigment Co's Days Inventory for the three months ended in Mar. 2024 was 79.50.

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

TSE:4119' s Days Inventory Range Over the Past 10 Years
Min: 31.67   Med: 46.08   Max: 66.15
Current: 66.15

During the past 13 years, Nippon Pigment Co's highest Days Inventory was 66.15. The lowest was 31.67. And the median was 46.08.

TSE:4119's Days Inventory is ranked better than
62.14% of 1503 companies
in the Chemicals industry
Industry Median: 80.99 vs TSE:4119: 66.15

Nippon Pigment Co's Days Inventory increased from Mar. 2023 (67.36) to Mar. 2024 (79.50). It might indicate that Nippon Pigment Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nippon Pigment Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.15.

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 Pigment Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.71.


Nippon Pigment Co Days Inventory Historical Data

The historical data trend for Nippon Pigment 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 Pigment Co Days Inventory Chart

Nippon Pigment 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 48.22 50.47 58.71 59.13 64.74

Nippon Pigment 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 67.36 63.92 64.67 60.87 79.50

Competitive Comparison of Nippon Pigment Co's Days Inventory

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

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

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



Nippon Pigment Co Days Inventory Calculation

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

Nippon Pigment 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
=( (4027.875 + 4096.581) / 2 ) / 22901.035*365
=4062.228 / 22901.035*365
=64.74

Nippon Pigment 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
=( (4147.24 + 4096.581) / 2 ) / 4730.832*365 / 4
=4121.9105 / 4730.832*365 / 4
=79.50

* 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 Pigment Co  (TSE:4119) 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 Pigment 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 Pigment 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 Pigment Co Days Inventory Related Terms

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


Nippon Pigment Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Kanda Nishikicho, Kishimachi Trad Square, 8th floor, Chiyoda-ku, Tokyo, JPN, 101-0054
Nippon Pigment Co Ltd is the speciality chemical manufacturing company. It is mainly engaged in the manufacturing and sales of various resin compound such as general purpose resin, engineering plastics, and super engineering plastics; colorant for various resins, and highly dispersed liquid dispersion.

Nippon Pigment Co Headlines

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