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Daiichi Jitsugyo Co (TSE:8059) Inventory-to-Revenue : 0.77 (As of Dec. 2023)


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What is Daiichi Jitsugyo 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. Daiichi Jitsugyo Co's Average Total Inventories for the quarter that ended in Dec. 2023 was 円29,809 Mil. Daiichi Jitsugyo Co's Revenue for the three months ended in Dec. 2023 was 円38,807 Mil. Daiichi Jitsugyo Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.77.

Daiichi Jitsugyo Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.58) to Sep. 2023 (0.77)

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. Daiichi Jitsugyo Co's Days Inventory for the three months ended in Dec. 2023 was 85.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Daiichi Jitsugyo Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.07.


Daiichi Jitsugyo Co Inventory-to-Revenue Historical Data

The historical data trend for Daiichi Jitsugyo 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.

Daiichi Jitsugyo Co Inventory-to-Revenue Chart

Daiichi Jitsugyo 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 0.08 0.10 0.12 0.15 0.13

Daiichi Jitsugyo 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 0.49 0.69 0.58 0.77 0.40

Competitive Comparison of Daiichi Jitsugyo Co's Inventory-to-Revenue

For the Specialty Industrial Machinery subindustry, Daiichi Jitsugyo 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.


Daiichi Jitsugyo Co's Inventory-to-Revenue Distribution in the Industrial Products Industry

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

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



Daiichi Jitsugyo 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.

Daiichi Jitsugyo 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 )
=( (23586 + 23285) / 2 ) / 187790
=23435.5 / 187790
=0.12

Daiichi Jitsugyo 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 )
=( (27391 + 32227) / 2 ) / 38807
=29809 / 38807
=0.77

* 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.


Daiichi Jitsugyo Co  (TSE:8059) 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.

Daiichi Jitsugyo 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
=29809/31781*365 / 4
=85.59

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

Daiichi Jitsugyo 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 )
=31781 / 29809
=1.07

* 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.


Daiichi Jitsugyo Co Inventory-to-Revenue Related Terms

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Daiichi Jitsugyo Co (TSE:8059) Business Description

Traded in Other Exchanges
N/A
Address
4-6 Kandasurugadai, Chiyoda-ku, Tokyo, JPN, 101-8222
Daiichi Jitsugyo Co Ltd is a Japan-based machinery manufacturer. Its business operations are divided into five segments including plant and energy business, industrial machinery, electronics, pharmaceuticals, and aviation business. It provides machinery for energy development, plant construction, drug formulation, semiconductors, and special-purpose vehicles and self-defense-related equipment. The company also provides after sales and maintenance services. Daiichi Jitsugyo has network operations in Japan, China, Southeast Asia, India, America And Europe.

Daiichi Jitsugyo Co (TSE:8059) Headlines

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