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Sumitomo Seika Chemicals Co (TSE:4008) Inventory-to-Revenue : 0.76 (As of Dec. 2023)


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What is Sumitomo Seika Chemicals 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. Sumitomo Seika Chemicals Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円28,416 Mil. Sumitomo Seika Chemicals Co's Revenue for the three months ended in Dec. 2023 was 円37,579 Mil. Sumitomo Seika Chemicals Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.76.

Sumitomo Seika Chemicals Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.84) to Sep. 2023 (0.76)

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. Sumitomo Seika Chemicals Co's Days Inventory for the three months ended in Dec. 2023 was 84.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sumitomo Seika Chemicals Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.08.


Sumitomo Seika Chemicals Co Inventory-to-Revenue Historical Data

The historical data trend for Sumitomo Seika Chemicals 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.

Sumitomo Seika Chemicals Co Inventory-to-Revenue Chart

Sumitomo Seika Chemicals 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 0.14 0.18 0.17 0.17 0.18

Sumitomo Seika Chemicals 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 0.71 0.79 0.86 0.84 0.76

Competitive Comparison of Sumitomo Seika Chemicals Co's Inventory-to-Revenue

For the Specialty Chemicals subindustry, Sumitomo Seika Chemicals 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.


Sumitomo Seika Chemicals Co's Inventory-to-Revenue Distribution in the Chemicals Industry

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

* The bar in red indicates where Sumitomo Seika Chemicals Co's Inventory-to-Revenue falls into.



Sumitomo Seika Chemicals 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.

Sumitomo Seika Chemicals 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 )
=( (21875 + 28339) / 2 ) / 143041
=25107 / 143041
=0.18

Sumitomo Seika Chemicals 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 )
=( (29543 + 27288) / 2 ) / 37579
=28415.5 / 37579
=0.76

* 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.


Sumitomo Seika Chemicals Co  (TSE:4008) 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.

Sumitomo Seika Chemicals 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
=28415.5/30550*365 / 4
=84.87

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

Sumitomo Seika Chemicals 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 )
=30550 / 28415.5
=1.08

* 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.


Sumitomo Seika Chemicals Co Inventory-to-Revenue Related Terms

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Sumitomo Seika Chemicals Co (TSE:4008) Business Description

Traded in Other Exchanges
N/A
Address
1-13-5 Kudankita, Chiyoda-ku, Tokyo, JPN, 102-0073
Sumitomo Seika Chemicals manufactures and sells chemicals and chemical-based products in three segments based on product type. The superabsorbent-polymers segment, which generates the majority of revenue, sells diapers, sanitary napkins, water repellent tape for power and optical cables, and sodium polyacrylate products used as a water-retention agent for agricultural and horticultural use. The chemicals segment sells plastic polymers, latex, and chemical additives used in the production of lithium-ion batteries and pharmaceuticals. The gases segment sells gases for industrial use, which includes electronics production, as well as aerosol propellant gas and nitrous oxide.

Sumitomo Seika Chemicals Co (TSE:4008) Headlines

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