The historical rank and industry rank for Tokai Carbon Co's Days Inventory or its related term are showing as below:
TSE:5301'
s Days Inventory Range Over the Past 10 Years
Min: 111.85 Med: 142.12 Max: 180.33
Current: 153.5
During the past 13 years, Tokai Carbon Co's highest Days Inventory was 180.33. The lowest was 111.85. And the median was 142.12.
TSE:5301's Days Inventory is ranked worse than 81.3% of 1492
companies
in the Chemicals industry
Industry Median: 82.18
vs TSE:5301: 153.50
Tokai Carbon Co's Days Inventory
increased
from Mar. 2023 (157.47) to Mar. 2024 (159.47).
It might indicate that Tokai Carbon Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Tokai Carbon Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.57.
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.
Tokai Carbon Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 1.35.
Tokai Carbon Co Days Inventory Historical Data
The historical data trend for Tokai Carbon 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 Tokai Carbon Co's Days Inventory
For the Specialty Chemicals subindustry, Tokai Carbon 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.
Tokai Carbon Co's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Tokai Carbon Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Tokai Carbon Co's Days Inventory falls into.
Tokai Carbon Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Tokai Carbon 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.
Tokai Carbon Co (TSE:5301) 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.
Tokai Carbon 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.
Tokai Carbon 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.
Tokai Carbon Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Tokai Carbon Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Tokai Carbon Co Ltd is a Japan-based manufacturer of carbon products which include, Carbon black, graphite electrodes, fine carbon friction material and manufactures industrial furnaces, and related products. It operates through three reportable segments, Carbon Black business, Carbon and Ceramics business, and Industrial Furnaces and Related Products business. Carbon black is mainly used as a reinforcing agent of industrial rubber products, typically auto tires. Carbon and Ceramics business segment produces artificial graphite electrodes for electric arc furnaces, fine carbon, carbon brush, impervious graphite, pencil lead-cores. Industrial Furnaces and Related Products segment include Industrial electric furnaces, gas furnaces, silicon carbide heating elements refractory, amongst others.
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