Fuso Chemical Co (TSE:4368) Days Inventory : 155.56 (As of Dec. 2023)

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What is Fuso Chemical Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fuso Chemical Co's Average Total Inventories for the three months ended in Dec. 2023 was 円18,729 Mil. Fuso Chemical Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円10,986 Mil. Hence, Fuso Chemical Co's Days Inventory for the three months ended in Dec. 2023 was 155.56.

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

TSE:4368' s Days Inventory Range Over the Past 10 Years
Min: 109.18 Med: 114.69 Max: 170.65
Current: 170.65

During the past 13 years, Fuso Chemical Co's highest Days Inventory was 170.65. The lowest was 109.18. And the median was 114.69.

TSE:4368's Days Inventory is ranked worse than
84.86% of 1493 companies
in the Chemicals industry
Industry Median: 82.8 vs TSE:4368: 170.65

Fuso Chemical Co's Days Inventory increased from Dec. 2022 (134.57) to Dec. 2023 (155.56). It might indicate that Fuso 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. Fuso Chemical Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.59.

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

Fuso Chemical Co Days Inventory Historical Data

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

Fuso Chemical Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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112.97

113.88

117.49

114.59

127.68

Fuso Chemical 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															134.57	153.50	192.58	195.36	155.56

Competitive Comparison of Fuso Chemical Co's Days Inventory

For the Chemicals subindustry, Fuso 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.

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

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

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

Fuso Chemical Co Days Inventory Calculation

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

Fuso Chemical 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
=	( (11978.241	+	16040.657)	/	2 )	/	40048.359	*	365
=	14009.449					/	40048.359	*	365
=	127.68

Fuso Chemical 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
=	( (19312.118	+	18146.378)	/	2 )	/	10986.496	*	365 / 4
=	18729.248					/	10986.496	*	365 / 4
=	155.56

Fuso Chemical Co (TSE:4368) 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.

Fuso Chemical Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10986.496	/	18729.248
	=	0.59

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.

Fuso Chemical Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18729.248	/	15999.892
	=	1.17

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.

Fuso Chemical Co Days Inventory Related Terms

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

Fuso Chemical Co (TSE:4368) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Fuso Chemical Co Ltd (TSE:4368) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-10-3 Koraibashi, Nissei Fushimicho Building New Building 5th Floor, Chuo-ku, Osaka, JPN, 541-0043

Website

http://www.fusokk.co.jp

Fuso Chemical Co Ltd is a Japan-based company which is mainly engaged in the life science business and the electronic material and functional chemical business. It is involved in the manufacturing and selling of fruit acids, including apple acids, gluconic acid and citric acids, as well as application development products. It also provides electronic materials, including high-purity spherical silica; functional chemicals, including plastic, paint additives and resin additives, as well as fine chemicals.

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