Days Inventory is also known as Days Sales of Inventory (DSI). Nansin Co's Average Total Inventories for the
three
months ended in Dec. 2023 was 円3,644 Mil. Nansin Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was 円1,780 Mil.
Hence, Nansin Co's Days Inventory for the
three
months ended in Dec. 2023 was 186.77.
The historical rank and industry rank for Nansin Co's Days Inventory or its related term are showing as below:
TSE:7399'
s Days Inventory Range Over the Past 10 Years
Min: 96.72 Med: 127.15 Max: 195.17
Current: 195.17
During the past 13 years, Nansin Co's highest Days Inventory was 195.17. The lowest was 96.72. And the median was 127.15.
TSE:7399's Days Inventory is ranked worse than 74.56% of 2905
companies
in the Industrial Products industry
Industry Median: 121.9
vs TSE:7399: 195.17
Nansin Co's Days Inventory
increased
from Dec. 2022 (163.33) to Dec. 2023 (186.77).
It might indicate that Nansin 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.
Nansin Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.49.
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.
Nansin Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.56.
Nansin Co Days Inventory Historical Data
The historical data trend for Nansin 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 Nansin Co's Days Inventory
For the Tools & Accessories subindustry, Nansin 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.
Nansin Co's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nansin Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nansin Co's Days Inventory falls into.
Nansin Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Nansin Co's Days Inventory for the fiscal year that ended in Mar. 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.
Nansin Co (TSE:7399) 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.
Nansin Co's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Nansin Co's Inventory to Revenue for the
three
months 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.
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.
Nansin Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Nansin Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Nansin Co Ltd is a Japan based company engaged in the business of manufacturing and selling casters and related products. The product portfolio of the company includes casters, material handling equipment, rubber and plastic products, die-casting products, and molded products. It offers caster products covering different types such as general caster, industrial caster, medical caster, heavy duty caster, stem caster and towing caster, among others.
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