Nippon Denkai (TSE:5759) Inventory Turnover : 0.00 (As of Sep. 2024)

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What is Nippon Denkai 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. Nippon Denkai's Cost of Goods Sold for the three months ended in Sep. 2024 was 円0 Mil. Nippon Denkai's Average Total Inventories for the quarter that ended in Sep. 2024 was 円2,873 Mil. Nippon Denkai's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.00.

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

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 Denkai Inventory Turnover Historical Data

The historical data trend for Nippon Denkai'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.

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Nippon Denkai Inventory Turnover Chart

Nippon Denkai Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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7.21

6.82

6.73

5.54

6.06

Nippon Denkai Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial												1.64	1.29	1.30	1.48	-

Nippon Denkai Inventory Turnover Calculation

Nippon Denkai'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 )
=	16460.119	/ (	(2739.788	+	2696.883)	/	2 )
=	16460.119	/	2718.3355
=	6.06

Nippon Denkai's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	0	/ (	(2696.883	+	3048.896)	/	2 )
=	0	/	2872.8895
=	0.00

Nippon Denkai (TSE:5759) 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.

Nippon Denkai's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	2872.8895	/	0	*	365 / 4
	=

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.

Nippon Denkai's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	2872.8895	/	0
	=

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.

Nippon Denkai Inventory Turnover Related Terms

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Nippon Denkai Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nippon Denkai Ltd (TSE:5759) » Definitions » Inventory Turnover

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Address

1226 Shimoezure, Ibaraki, Chikusei, JPN, 308-0851

Website

https://www.nippon-denkai.co.jp

Nippon Denkai Ltd is engaged in the development, manufacturing and sales of electrodeposited copper foil. The foil is used in various devices such as electronic devices and lithium ion secondary battery.

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