Kaneka (Kaneka) Total Inventories : $1,222 Mil (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Kaneka Total Inventories?

Kaneka's total inventories for the quarter that ended in Dec. 2023 was $1,222 Mil. Kaneka's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $1,214 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kaneka's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-15.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kaneka's Days Inventory for the three months ended in Dec. 2023 was 112.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kaneka's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.81.

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. Kaneka's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.90.

Kaneka Total Inventories Historical Data

The historical data trend for Kaneka's Total Inventories 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.

Kaneka Total Inventories Chart

Kaneka Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Inventories

Get a 7-Day Free Trial

1,011.60

1,089.08

1,009.06

1,184.73

1,257.73

Kaneka Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															1,265.74	1,257.73	1,272.05	1,206.15	1,222.07

Kaneka Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Kaneka (OTCPK:KANKF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Kaneka's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(315.554	+	0.75 * 1251.564	+	0.5 * 1222.074	-	2744.2
-	0	-	136.712)	/	64.8937
=	-15.65

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

Kaneka'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
	=	1214.111	/	988.308	*	365 / 4
	=	112.10

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

Kaneka'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 )
	=	988.308	/	1214.111
	=	0.81

4. 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.

Kaneka'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 )
	=	1214.111	/	1351.646
	=	0.90

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Kaneka Total Inventories Related Terms

Thank you for viewing the detailed overview of Kaneka's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Kaneka (Kaneka) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kaneka Corp (OTCPK:KANKF) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

4118:Japan KKA:Germany

Address

3-2-4, Nakanoshima, Kita-ku, Osaka, JPN, 530-8288

Website

http://www.kaneka.co.jp

Kaneka Corp manufactures and sells a variety of chemicals, plastics, and chemical-based products. The company organizes itself into seven segments based on product type. The foodstuffs segment, which generates more revenue than any other segment, sells margarine, shortening, bakery yeast and spices. The chemicals segment sells polyvinyl chloride used in pipes and flooring. The functional and expandable products segments sell polystyrene- and silicone-based products. The life science products segment sells medical devices, which include balloon catheters for vessel stenosis, and pharmaceutical ingredients. The electronic products segment sells heat resistant films and optical materials. The synthetic fibers segment sells fibers used to make apparel. The majority of revenue comes from Japan.

Kaneka (Kaneka) Headlines

From GuruFocus

Results Evaluating The Effect Of Ubiquinol On Endothelial Function Published In Nutrients

By PRNewswire PRNewswire • 10-05-2020