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Sekisui Kasei Co (TSE:4228) Days Inventory : 58.23 (As of Dec. 2023)


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What is Sekisui Kasei Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sekisui Kasei Co's Average Total Inventories for the three months ended in Dec. 2023 was 円16,744 Mil. Sekisui Kasei Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円26,237 Mil. Hence, Sekisui Kasei Co's Days Inventory for the three months ended in Dec. 2023 was 58.23.

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

TSE:4228' s Days Inventory Range Over the Past 10 Years
Min: 37.42   Med: 46.66   Max: 58.45
Current: 58.45

During the past 13 years, Sekisui Kasei Co's highest Days Inventory was 58.45. The lowest was 37.42. And the median was 46.66.

TSE:4228's Days Inventory is ranked better than
69.64% of 1492 companies
in the Chemicals industry
Industry Median: 82.965 vs TSE:4228: 58.45

Sekisui Kasei Co's Days Inventory declined from Dec. 2022 (58.34) to Dec. 2023 (58.23).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sekisui Kasei Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.57.

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. Sekisui Kasei Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.51.


Sekisui Kasei Co Days Inventory Historical Data

The historical data trend for Sekisui Kasei 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.

Sekisui Kasei Co Days Inventory Chart

Sekisui Kasei Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.87 47.66 53.55 56.02 57.38

Sekisui Kasei Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 58.34 58.75 60.22 57.39 58.23

Competitive Comparison of Sekisui Kasei Co's Days Inventory

For the Specialty Chemicals subindustry, Sekisui Kasei 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.


Sekisui Kasei Co's Days Inventory Distribution in the Chemicals Industry

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

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



Sekisui Kasei Co Days Inventory Calculation

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

Sekisui Kasei Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (15174 + 16289) / 2 ) / 100072*365
=15731.5 / 100072*365
=57.38

Sekisui Kasei 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
=( (16882 + 16606) / 2 ) / 26237*365 / 4
=16744 / 26237*365 / 4
=58.23

* 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.


Sekisui Kasei Co  (TSE:4228) 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.

Sekisui Kasei 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.

Sekisui Kasei 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.


Sekisui Kasei Co Days Inventory Related Terms

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


Sekisui Kasei Co (TSE:4228) Business Description

Traded in Other Exchanges
N/A
Address
2-4-4 Nishitenma, Kita-ku, Osaka, JPN, 530-8565
Sekisui Kasei Co Ltd is a plastic provider solution company. The company is engaged in manufacture and sale of foamed plastic and other plastic products. It operates in two segments, Human Life, and Industry. The products in human life segment include Eslen beads, Eslen sheet, Eslen wood, Interforms, ES molded products such as ES Dan mat, Eslen block used in agricultural and fishery materials, food packaging materials, distribution materials, construction materials, civil engineering materials. The products in Industry segment are Pioceran, Literon, Neomicrolen, Serpet, Techpolymer, Technogel, Techheater, Elastil, Formac, ST-LAYER used in automotive materials, vehicle parts packaging, industrial materials, industrial packaging, electronic component materials, medical and health materials.

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