GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Nakanishi Inc (TSE:7716) » Definitions » Total Inventories

Nakanishi (TSE:7716) Total Inventories : 円23,984 Mil (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Nakanishi Total Inventories?

Nakanishi's total inventories for the quarter that ended in Dec. 2023 was 円23,984 Mil. Nakanishi's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was 円23,784 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nakanishi's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円275.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nakanishi's Days Inventory for the three months ended in Dec. 2023 was 247.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nakanishi's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.37.

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. Nakanishi's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.29.


Nakanishi Total Inventories Historical Data

The historical data trend for Nakanishi'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.

Nakanishi Total Inventories Chart

Nakanishi Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,538.11 10,604.15 11,733.16 16,526.80 23,984.31

Nakanishi 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 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 16,526.80 17,230.64 18,653.06 23,584.03 23,984.31

Nakanishi 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.


Nakanishi  (TSE:7716) 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.

Nakanishi'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)
=(32645.313+0.75 * 8458.523+0.5 * 23984.308-27512.097
-0-10.303)/85.2948
=275.03

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

Nakanishi'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
=23784.167/8782.12*365 / 4
=247.13

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

Nakanishi'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 )
=8782.12 / 23784.167
=0.37

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.

Nakanishi'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 )
=23784.167 / 18475.279
=1.29

* 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.


Nakanishi Total Inventories Related Terms

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


Nakanishi (TSE:7716) Business Description

Traded in Other Exchanges
Address
700 Shimohinata, Kanuma-shi, Tochigi, JPN
Nakanishi Inc manufactures high-speed rotary cutting technology for the dental industry and the medical industry more broadly. The company distributes its products to countries internationally, earning most of its revenue overseas. The company operates via three business segments. The dental product segment manufactures and sells handpieces for dental treatment, mechanical micro motors and handpieces as well as handpieces for surgeries. The industrial product segment manufactures and sells grinders for manual works and spindles for machinery attachment. The others segment provides inspection and repair services for its dental and medical equipment and general industrial cutting and grinding equipment.

Nakanishi (TSE:7716) Headlines

No Headlines