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. Nisshinbo Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $1,153 Mil. Nisshinbo Holdings's Revenue for the
three
months ended in Dec. 2023 was $995 Mil.
Nisshinbo Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.16.
Nisshinbo Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (1.30) to Sep. 2023 (1.16)
A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Nisshinbo Holdings's Days Inventory for the
three
months ended in Dec. 2023 was 133.58.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nisshinbo Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.68.
Nisshinbo Holdings Inventory-to-Revenue Historical Data
The historical data trend for Nisshinbo Holdings's Inventory-to-Revenue 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.
Competitive Comparison of Nisshinbo Holdings's Inventory-to-Revenue
For the Conglomerates subindustry, Nisshinbo Holdings's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nisshinbo Holdings's Inventory-to-Revenue Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Nisshinbo Holdings's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Nisshinbo Holdings's Inventory-to-Revenue falls into.
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.
Nisshinbo Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Nisshinbo Holdings's Days Inventory for the
three
months ended in Dec. 2023 is calculated as:
* 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.
Nisshinbo Holdings Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Nisshinbo Holdings's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Nisshinbo Holdings (Nisshinbo Holdings) Business Description
Nisshinbo Holdings Inc is a Japan-based company that is primarily engaged in electronics, automobile brake, textile, paper, and precision instrument businesses. The company's electronics business provides shipping navigation technology, network equipment, microwave-related products, semiconductor devices, and others. The automobile brake business manufactures friction materials and assembly products. The textile business primarily manufactures non-iron shirts, non-woven fabrics, and spandex. The paper business mainly manufactures household paper, specialty paper, and processed paper products. The precision instrument business produces plastic molding parts, precision parts and others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSHBY has been successfully added to your 