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Nisshin Oillio Group (TSE:2602) Total Inventories : 円97,615 Mil (As of Mar. 2024)


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What is Nisshin Oillio Group Total Inventories?

Nisshin Oillio Group's total inventories for the quarter that ended in Mar. 2024 was 円97,615 Mil. Nisshin Oillio Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was 円99,739 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nisshin Oillio Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円-2,007.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nisshin Oillio Group's Days Inventory for the three months ended in Mar. 2024 was 84.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nisshin Oillio Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.08.

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. Nisshin Oillio Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.81.


Nisshin Oillio Group Total Inventories Historical Data

The historical data trend for Nisshin Oillio Group'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.

Nisshin Oillio Group Total Inventories Chart

Nisshin Oillio Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52,575.00 60,154.00 84,811.00 106,041.00 97,615.00

Nisshin Oillio Group 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 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 106,041.00 97,774.00 100,445.00 101,863.00 97,615.00

Nisshin Oillio Group 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.


Nisshin Oillio Group  (TSE:2602) 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.

Nisshin Oillio Group'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)
=(20434+0.75 * 101927+0.5 * 97615-200820
-0-9940)/32.4122
=-2,007.68

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

Nisshin Oillio Group'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
=99739/107715*365 / 4
=84.49

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

Nisshin Oillio Group'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 )
=107715 / 99739
=1.08

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.

Nisshin Oillio Group'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 )
=99739 / 122999
=0.81

* 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.


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.


Nisshin Oillio Group Total Inventories Related Terms

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Nisshin Oillio Group (TSE:2602) Business Description

Traded in Other Exchanges
N/A
Address
1-23-1, Shinkawa, Chuo-ku, Tokyo, JPN, 104-8285
Nisshin Oillio Group Ltd is a Japanese company engaged in the manufacture of oil products. The company operates five reporting segments. The oils and meals business produces edible oils for household, commercial use, and food processing. The processed oils and fats business manufactures processed oil and fat products. The healthy foods business supplies dressings and healthcare products. The fine chemicals business provides raw materials for cosmetics, food ingredients, and chemical products. Finally the soy foods and materials business produces soy food ingredients and soy protein. The oils and meals business accounts for more than half of group revenue.

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