GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nitto Boseki Co Ltd (TSE:3110) » Definitions » Inventory-to-Revenue

Nitto Boseki Co (TSE:3110) Inventory-to-Revenue : 1.87 (As of Sep. 2024)


View and export this data going back to 1949. Start your Free Trial

What is Nitto Boseki 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. Nitto Boseki Co's Average Total Inventories for the quarter that ended in Sep. 2024 was 円50,444 Mil. Nitto Boseki Co's Revenue for the three months ended in Sep. 2024 was 円26,936 Mil. Nitto Boseki Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.87.

Nitto Boseki Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 increased from Jun. 2024 (1.87) to Jun. 2024 (1.87)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nitto Boseki Co's Days Inventory for the three months ended in Sep. 2024 was 265.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nitto Boseki Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.34.


Nitto Boseki Co Inventory-to-Revenue Historical Data

The historical data trend for Nitto Boseki 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.

Nitto Boseki Co Inventory-to-Revenue Chart

Nitto Boseki Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.41 0.43 0.48 0.51

Nitto Boseki Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.97 1.95 1.87 1.87 1.75

Competitive Comparison of Nitto Boseki Co's Inventory-to-Revenue

For the Textile Manufacturing subindustry, Nitto Boseki 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.


Nitto Boseki Co's Inventory-to-Revenue Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitto Boseki Co's Inventory-to-Revenue distribution charts can be found below:

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


;
;

Nitto Boseki 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.

Nitto Boseki Co's Inventory-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (A: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )
=( (46428 + 48750) / 2 ) / 93253
=47589 / 93253
=0.51

Nitto Boseki Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (0 + 50444) / 1 ) / 26936
=50444 / 26936
=1.87

* 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.


Nitto Boseki Co  (TSE:3110) 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.

Nitto Boseki Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=50444/17325*365 / 4
=265.69

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

Nitto Boseki Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=17325 / 50444
=0.34

* 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.


Nitto Boseki Co Inventory-to-Revenue Related Terms

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


Nitto Boseki Co Business Description

Traded in Other Exchanges
N/A
Address
2-4-1, Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-8489
Nitto Boseki Co Ltd is engaged in the textile business. It operates in six segments: Textiles Business engages in the manufacture and sales of textiles products (core-spun yarn, stretch products, interlining and other finished products, etc.); Glass Fiber Yam Business engages in the manufacture and sales of glass raw fiber products (yarn, roving, chopped strands, etc.); Glass Fiber Cloth Business engages in the manufacture and sales of glass fiber functional products (glass cloth, etc.); Glass Fiber for Industrial Materials Business engages in the manufacture and sales of glass fiber products for use in industrial materials and the manufacture and sales of glass wool products (for use in thermal insulation materials); Life Science Business; and Other segment.

Nitto Boseki Co Headlines

No Headlines