Days Inventory is also known as Days Sales of Inventory (DSI). Artience Co's Average Total Inventories for the
three
months ended in Mar. 2024 was 円66,156 Mil. Artience Co's Cost of Goods Sold for the
three
months ended in Mar. 2024 was 円64,157 Mil.
Hence, Artience Co's Days Inventory for the
three
months ended in Mar. 2024 was 94.09.
The historical rank and industry rank for Artience Co's Days Inventory or its related term are showing as below:
TSE:4634'
s Days Inventory Range Over the Past 10 Years
Min: 67.45 Med: 79.8 Max: 93.88
Current: 93.88
During the past 13 years, Artience Co's highest Days Inventory was 93.88. The lowest was 67.45. And the median was 79.80.
TSE:4634's Days Inventory is ranked worse than 57.28% of 1491
companies
in the Chemicals industry
Industry Median: 81.73
vs TSE:4634: 93.88
Artience Co's Days Inventory
declined
from Mar. 2023 (102.42) to Mar. 2024 (94.09).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Artience Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.97.
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.
Artience Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.81.
Artience Co Days Inventory Historical Data
The historical data trend for Artience 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.
Competitive Comparison of Artience Co's Days Inventory
For the Specialty Chemicals subindustry, Artience 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.
Artience Co's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Artience Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Artience Co's Days Inventory falls into.
Artience Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Artience Co's Days Inventory for the fiscal year that 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.
Artience Co (TSE:4634) 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.
Artience 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.
Artience 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.
Artience Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Artience Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Artience Co Ltd is a holding company whose subsidiaries manufacture and sell a variety of chemicals and inks. The firm organizes itself into various segments based on product type. The printing and information segment, which generates the Most revenue, sells printing inks used for ink-jet printers, newspapers, magazines, and other printed materials. The colorants and functional materials segment sells pigments, plastic colorants, and liquid crystal display color filter materials. The polymers and coatings segments sells coatings, adhesives, plastic resins, and can coatings. The packaging materials segment sells packaging inks used for food and consumer goods packaging. Most of Toyo Ink's revenue comes from Japan.
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