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. NGK Insulators's Average Total Inventories for the quarter that ended in Dec. 2023 was 円232,779 Mil. NGK Insulators's Revenue for the
three
months ended in Dec. 2023 was 円139,643 Mil.
NGK Insulators's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.67.
NGK Insulators's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (1.60) to Sep. 2023 (1.67)
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.
NGK Insulators's Days Inventory for the
three
months ended in Dec. 2023 was 213.95.
Inventory Turnover measures how fast the company turns over its inventory within a year.
NGK Insulators's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.43.
NGK Insulators Inventory-to-Revenue Historical Data
The historical data trend for NGK Insulators'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.
Competitive Comparison of NGK Insulators's Inventory-to-Revenue
For the Specialty Industrial Machinery subindustry, NGK Insulators'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.
NGK Insulators's Inventory-to-Revenue Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, NGK Insulators's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where NGK Insulators's Inventory-to-Revenue falls into.
NGK Insulators 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.
NGK Insulators's Inventory-to-Revenue for the fiscal year that ended in Mar. 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.
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.
NGK Insulators's Days Inventory 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.
NGK Insulators Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of NGK Insulators's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
NGK Insulators Ltd manufactures and sells electric power-related equipment, including insulators, industrial ceramic and copper products, and components connected to plant engineering. The company operates three business segments: electronics, power, and ceramic products (majority of total revenue). NGK's solutions help ensure a stable supply of electricity and attempt to reduce customers' energy emissions. The product portfolio consisting of insulators, batteries, ceramic apparatuses, and technologies can help purify, analyze, transform, and provide safer conditions. Approximately half of total revenue derive from Asia, with the remainder split between North America, Europe, and other regions.
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