Nippon Shokubai Co (Nippon Shokubai Co) Total Inventories : $564 Mil (As of Mar. 2024)

View and export this data going back to 1990. Start your Free Trial

What is Nippon Shokubai Co Total Inventories?

Nippon Shokubai Co's total inventories for the quarter that ended in Mar. 2024 was $564 Mil. Nippon Shokubai Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $572 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nippon Shokubai Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $1.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nippon Shokubai Co's Days Inventory for the three months ended in Mar. 2024 was 95.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nippon Shokubai Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.96.

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 Shokubai Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.86.

Nippon Shokubai Co Total Inventories Historical Data

The historical data trend for Nippon Shokubai Co'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.

Nippon Shokubai Co Total Inventories Chart

Nippon Shokubai Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

Get a 7-Day Free Trial

564.35

530.01

635.12

643.82

563.66

Nippon Shokubai Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															643.82	622.11	562.12	580.94	563.66

Nippon Shokubai Co 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.

Nippon Shokubai Co (OTCPK:NSHKF) 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.

Nippon Shokubai Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(479.179	+	0.75 * 655.333	+	0.5 * 563.655	-	1011.21
-	0	-	60.834)	/	154.726
=	1.17

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

Nippon Shokubai Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	572.299	/	546.621	*	365 / 4
	=	95.54

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

Nippon Shokubai Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	546.621	/	572.299
	=	0.96

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.

Nippon Shokubai Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	572.299	/	665.118
	=	0.86

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.

Nippon Shokubai Co Total Inventories Related Terms

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

Nippon Shokubai Co (Nippon Shokubai Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Shokubai Co Ltd (OTCPK:NSHKF) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

4114:Japan

Address

4-1-1, Koraibashi, Kogin Building, Chuo-ku, Osaka, JPN

Website

http://www.shokubai.co.jp

Nippon Shokubai Co Ltd manufactures and sells a variety of chemicals, catalysts, and chemical-based products. The firm organizes itself into three segments based on product type. The functional chemicals segment, which generates the majority of revenue, sells polymers for concrete mixtures, acrylates used in detergents, and resins for paints and processed adhesive products. The basic chemicals segment sells ethylene oxide and ethylene glycol used in polyester fibers and plastic beverage containers. The environment and catalysts segment sells catalysts used for automotive products and lithium-ion battery production. The majority of revenue comes from Asia.

Nippon Shokubai Co (Nippon Shokubai Co) Headlines

From GuruFocus

Mitsubishi Heavy Industries and Nippon Shokubai Conclude Agreement on Joint Development of an Ammonia Cracking System

By ACN Newswire • 08-21-2023