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Taiyo Kagaku Co (NGO:2902) Inventory-to-Revenue : 0.91 (As of Dec. 2023)


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What is Taiyo Kagaku Co Inventory-to-Revenue?

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. Taiyo Kagaku Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円11,010 Mil. Taiyo Kagaku Co's Revenue for the three months ended in Dec. 2023 was 円12,082 Mil. Taiyo Kagaku Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.91.

Taiyo Kagaku Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.92) to Sep. 2023 (0.91)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taiyo Kagaku Co's Days Inventory for the three months ended in Dec. 2023 was 109.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Taiyo Kagaku Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.83.


Taiyo Kagaku Co Inventory-to-Revenue Historical Data

The historical data trend for Taiyo Kagaku Co's Inventory-to-Revenue 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.

Taiyo Kagaku Co Inventory-to-Revenue Chart

Taiyo Kagaku Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.16 0.16 0.17 0.21

Taiyo Kagaku Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue 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 0.96 0.94 0.92 0.92 0.91

Competitive Comparison of Taiyo Kagaku Co's Inventory-to-Revenue

For the Specialty Chemicals subindustry, Taiyo Kagaku Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Taiyo Kagaku Co's Inventory-to-Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiyo Kagaku Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Taiyo Kagaku Co's Inventory-to-Revenue falls into.



Taiyo Kagaku Co Inventory-to-Revenue Calculation

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.

Taiyo Kagaku Co's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (A: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )
=( (7212.304 + 10799.701) / 2 ) / 42970.511
=9006.0025 / 42970.511
=0.21

Taiyo Kagaku Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (11250.909 + 10768.787) / 2 ) / 12082.16
=11009.848 / 12082.16
=0.91

* 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.


Taiyo Kagaku Co  (NGO:2902) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Taiyo Kagaku Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=11009.848/9167.559*365 / 4
=109.59

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Taiyo Kagaku Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=9167.559 / 11009.848
=0.83

* 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.


Taiyo Kagaku Co Inventory-to-Revenue Related Terms

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Taiyo Kagaku Co (NGO:2902) Business Description

Traded in Other Exchanges
N/A
Address
No. 800 Yamada-cho Yokkaichi, Mie, JPN
Taiyo Kagaku Co Ltd is engaged in the development and production of emulsifiers, stabilizers, egg and tea-based ingredients, and functional ingredients for the food, beverage, and pharmaceutical industries across the globe. Taiyo focuses on the development of innovative ingredients, derived from natural sources, to further develop the body's ability to protect and manage one's health. Its products include Sunphenon; Teavigo; Sunphenon EGCg; and Sunphenon XLB-100. The Sunphenon series, including the Teavigo brand, consists of standardized tea polyphenols and natural catechins that have been shown to have numerous physiological benefits, including antioxidant, anti-microbial, deodorant and thermogenic activities.

Taiyo Kagaku Co (NGO:2902) Headlines

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