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Nippon Steel (Nippon Steel) Change In Inventory : $465 Mil (TTM As of Mar. 2024)


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What is Nippon Steel Change In Inventory?

Nippon Steel's change in inventory for the quarter that ended in Mar. 2024 was $212 Mil. It means Nippon Steel's inventory declined by $212 Mil from Dec. 2023 to Mar. 2024 .

Nippon Steel's change in inventory for the fiscal year that ended in Mar. 2024 was $458 Mil. It means Nippon Steel's inventory declined by $458 Mil from Mar. 2023 to Mar. 2024 .

Nippon Steel's Total Inventories for the quarter that ended in Mar. 2024 was $15,196 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nippon Steel's Days Inventory for the quarter that ended in Mar. 2024 was 113.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nippon Steel's Inventory Turnover for the quarter that ended in Mar. 2024 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. Nippon Steel's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.05.

Nippon Steel Change In Inventory Historical Data

The historical data trend for Nippon Steel's Change In Inventory 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 Steel Change In Inventory Chart

Nippon Steel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 128.77 1,576.61 -3,233.65 -2,315.69 458.01

Nippon Steel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Inventory 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 507.97 95.32 193.04 -35.87 212.05

Nippon Steel Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $465 Mil.

* 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.

Nippon Steel  (OTCPK:NISTF) Change In Inventory Explanation

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

Nippon Steel's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=15615.036/12602.975*365 / 4
=113.06

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=12602.975 / 15615.036
=0.81

3. 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 Steel's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=15615.036 / 14859.844
=1.05

* 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.

Nippon Steel Change In Inventory Related Terms

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Nippon Steel (Nippon Steel) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nippon Steel Corp (OTCPK:NISTF) » Definitions » Change In Inventory
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TSE:5411 TSE:5406 TSE:5444 TSE:5471 TSE:5463 TSE:5423 TSE:5481 NGO:7485 TSE:5451 TSE:5449 NUE XKRX:005490 BOM:500228 XAMS:MT NSE:TATASTEEL STLD SHSE:600019 RS TPE:2002 MIC:CHMF
Traded in Other Exchanges
NPSCY:USA 5401:Japan NPS:Germany
Address
6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8071
Website
https://www.nipponsteel.com
Nippon Steel Corporation, or NS, is the largest steel producer in Japan and one of the top five producers globally. NS supplies steel products such as steel sheets, steel plates, pipes, tubes, bars, wire rods, and stainless steels. It is mainly exposed to the auto, construction, and energy sectors. Steelmaking accounts for around 85%-90% of its revenue, while the remainder stems from engineering and construction, chemicals, new materials, and system solutions. Around 35%-40% of its revenue is from exports.