Toyo Drilube Co (TSE:4976) Days Inventory : 31.44 (As of Jun. 2024)

Toyo Drilube Co Days Inventory Chart

Toyo Drilube Co Annual Data
	Trend	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23	Jun24
Days Inventory		Get a 7-Day Free Trial					17.24	16.73	34.34	30.55	31.58

Toyo Drilube Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Inventory	Get a 7-Day Free Trial															32.61	33.42	30.08	29.36	31.44

Competitive Comparison of Toyo Drilube Co's Days Inventory

For the Specialty Chemicals subindustry, Toyo Drilube 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.

Toyo Drilube Co's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Toyo Drilube Co's Days Inventory falls into.

Toyo Drilube Co Days Inventory Calculation

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

Toyo Drilube Co's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Toyo Drilube Co's Days Inventory for the quarter that ended in Jun. 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.

Toyo Drilube Co  (TSE:4976) 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.

Toyo Drilube Co's Inventory Turnover for the three months ended in Jun. 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.

Toyo Drilube Co's Inventory to Revenue for the three months ended in Jun. 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.

Toyo Drilube Co Days Inventory Related Terms

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Toyo Drilube Co Business Description