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Nippon Pillar Packing Co (TSE:6490) Inventory-to-Revenue : 0.53 (As of Dec. 2023)


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What is Nippon Pillar Packing 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. Nippon Pillar Packing Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円7,775 Mil. Nippon Pillar Packing Co's Revenue for the three months ended in Dec. 2023 was 円14,709 Mil. Nippon Pillar Packing Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.53.

Nippon Pillar Packing Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.46) to Sep. 2023 (0.53)

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. Nippon Pillar Packing Co's Days Inventory for the three months ended in Dec. 2023 was 82.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nippon Pillar Packing Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.10.


Nippon Pillar Packing Co Inventory-to-Revenue Historical Data

The historical data trend for Nippon Pillar Packing 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.

Nippon Pillar Packing Co Inventory-to-Revenue Chart

Nippon Pillar Packing 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 0.10 0.10 0.08 0.09 0.11

Nippon Pillar Packing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.37 0.46 0.46 0.53 0.53

Competitive Comparison of Nippon Pillar Packing Co's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Nippon Pillar Packing 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.


Nippon Pillar Packing Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nippon Pillar Packing Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Nippon Pillar Packing Co's Inventory-to-Revenue falls into.



Nippon Pillar Packing 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.

Nippon Pillar Packing 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 )
=( (4722 + 8171) / 2 ) / 58605
=6446.5 / 58605
=0.11

Nippon Pillar Packing 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 )
=( (7071 + 8479) / 2 ) / 14709
=7775 / 14709
=0.53

* 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.


Nippon Pillar Packing Co  (TSE:6490) 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.

Nippon Pillar Packing 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
=7775/8566*365 / 4
=82.82

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

Nippon Pillar Packing 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 )
=8566 / 7775
=1.10

* 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.


Nippon Pillar Packing Co Inventory-to-Revenue Related Terms

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Nippon Pillar Packing Co (TSE:6490) Business Description

Traded in Other Exchanges
Address
7-1, Shinmachi 1-chome, Nishi-ku, Osaka, JPN, 550-0013
Nippon Pillar Packing Co Ltd is a Japan-based company engaged in the manufacturing and sale of fluid control related equipment products. The firm develops seal and material technologies that stop leakage of various industrial machines. Its product offerings include mechanical seal, gland packing, gasket, fluorine resin fluid control product, pillaflon and civil engineering related products. Nippon serves to power, petrochemical, oil and gas, automobile, semiconductor, communication and civil construction industries.

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