Nihon Trim Co (FRA:NH8) Inventory Turnover : 0.95 (As of Dec. 2023)

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

What is Nihon Trim Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Nihon Trim Co's Cost of Goods Sold for the three months ended in Dec. 2023 was €10.0 Mil. Nihon Trim Co's Average Total Inventories for the quarter that ended in Dec. 2023 was €10.6 Mil. Nihon Trim Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nihon Trim Co's Days Inventory for the three months ended in Dec. 2023 was 96.28.

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. Nihon Trim Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.32.

Nihon Trim Co Inventory Turnover Historical Data

The historical data trend for Nihon Trim Co's Inventory Turnover 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.

Nihon Trim Co Inventory Turnover Chart

Nihon Trim Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

Get a 7-Day Free Trial

4.86

4.34

4.17

3.52

3.58

Nihon Trim Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.88	0.82	0.98	0.95	0.91

Nihon Trim Co Inventory Turnover Calculation

Nihon Trim Co's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	38.04	/ (	(11.021	+	10.25)	/	2 )
=	38.04	/	10.6355
=	3.58

Nihon Trim Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	10.005	/ (	(10.484	+	10.628)	/	2 )
=	10.005	/	10.556
=	0.95

Nihon Trim Co (FRA:NH8) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Nihon Trim 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
	=	10.556	/	10.005	*	365 / 4
	=	96.28

2. 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.

Nihon Trim Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	10.556	/	32.898
	=	0.32

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Nihon Trim Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Nihon Trim Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Nihon Trim Co (FRA:NH8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nihon Trim Co Ltd (FRA:NH8) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

6788:Japan

Address

1-8-34 Oyodo-Naka, Osaka, JPN, 531-0076

Website

http://www.nihon-trim.co.jp

Nihon Trim Co Ltd is a Japan-based company engaged in the manufacture and sale of electrolyzed reduction water equipment. The company operates through two segments namely Water healthcare business and Medical business. Its Water healthcare business segment includes sale of electrolyzed hydrogen water (EHW) apparatus and associated operations. The Medical business segment consists of business operations in the fields of medical and preventive health care and regenerative medicine. In addition, it is also involved in the production and marketing of agricultural electrolyzed reduced water apparatus and bottled drinking water.

Nihon Trim Co (FRA:NH8) Headlines

No Headlines