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NITCHITSU Co (TSE:7021) Days Inventory : 0.00 (As of Sep. 2024)


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What is NITCHITSU Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NITCHITSU Co's Average Total Inventories for the three months ended in Sep. 2024 was 円1,885 Mil. NITCHITSU Co's Cost of Goods Sold for the three months ended in Sep. 2024 was 円0 Mil.

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

TSE:7021' s Days Inventory Range Over the Past 10 Years
Min: 58.94   Med: 64.94   Max: 92.82
Current: 92.82

During the past 13 years, NITCHITSU Co's highest Days Inventory was 92.82. The lowest was 58.94. And the median was 64.94.

TSE:7021's Days Inventory is ranked better than
65.23% of 2925 companies
in the Industrial Products industry
Industry Median: 121.52 vs TSE:7021: 92.82

NITCHITSU Co's Days Inventory declined from Jun. 2023 (74.76) to Sep. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. NITCHITSU Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.00.

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.


NITCHITSU Co Days Inventory Historical Data

The historical data trend for NITCHITSU 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.

NITCHITSU Co Days Inventory Chart

NITCHITSU Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.69 64.49 65.70 65.38 80.77

NITCHITSU Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 74.76 81.06 91.86 86.04 -

Competitive Comparison of NITCHITSU Co's Days Inventory

For the Specialty Industrial Machinery subindustry, NITCHITSU 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.


NITCHITSU Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NITCHITSU Co's Days Inventory distribution charts can be found below:

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


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NITCHITSU Co Days Inventory Calculation

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

NITCHITSU Co's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (1353.487 + 1773.85) / 2 ) / 7066.174*365
=1563.6685 / 7066.174*365
=80.77

NITCHITSU Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (1773.85 + 1995.957) / 2 ) / 0*365 / 4
=1884.9035 / 0*365 / 4
=N/A

* 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.


NITCHITSU Co  (TSE:7021) 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.

NITCHITSU Co's Inventory Turnover for the three months ended in Sep. 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.

NITCHITSU Co's Inventory to Revenue for the three months ended in Sep. 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.


NITCHITSU Co Days Inventory Related Terms

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


NITCHITSU Co Business Description

Traded in Other Exchanges
N/A
Address
1-11-30 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
NITCHITSU Co Ltd is a diversified industrial machinery manufacturing company. It is organized into four business units - Machinery related business, Resource related business, Real estate-related business, and Material related business. The Machinery related business manufactures and sells air preheaters and their elements, marine equipment and industrial equipment. The Resource business is engaged in the mining, processing and selling of crystalline limestone. The Real estate-related business is engaged in property leasing activities. The Material division manufactures and sells heat-resistant paints and purchases, processes and sell of linatex.

NITCHITSU Co Headlines

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