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Koatsu Gas Kogyo Co (TSE:4097) Days Inventory : 31.31 (As of Dec. 2023)


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What is Koatsu Gas Kogyo Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Koatsu Gas Kogyo Co's Average Total Inventories for the three months ended in Dec. 2023 was 円6,135 Mil. Koatsu Gas Kogyo Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円17,880 Mil. Hence, Koatsu Gas Kogyo Co's Days Inventory for the three months ended in Dec. 2023 was 31.31.

The historical rank and industry rank for Koatsu Gas Kogyo Co's Days Inventory or its related term are showing as below:

TSE:4097' s Days Inventory Range Over the Past 10 Years
Min: 24.98   Med: 27.29   Max: 33.07
Current: 33.07

During the past 13 years, Koatsu Gas Kogyo Co's highest Days Inventory was 33.07. The lowest was 24.98. And the median was 27.29.

TSE:4097's Days Inventory is ranked better than
89.28% of 1493 companies
in the Chemicals industry
Industry Median: 82.8 vs TSE:4097: 33.07

Koatsu Gas Kogyo Co's Days Inventory declined from Dec. 2022 (31.44) to Dec. 2023 (31.31).

Inventory Turnover measures how fast the company turns over its inventory within a year. Koatsu Gas Kogyo Co's Inventory Turnover for the three months ended in Dec. 2023 was 2.91.

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. Koatsu Gas Kogyo Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.25.


Koatsu Gas Kogyo Co Days Inventory Historical Data

The historical data trend for Koatsu Gas Kogyo Co's Days 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.

Koatsu Gas Kogyo Co Days Inventory Chart

Koatsu Gas Kogyo Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.39 29.74 29.50 30.36 32.94

Koatsu Gas Kogyo Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days 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 31.35 34.52 34.37 31.31 32.44

Competitive Comparison of Koatsu Gas Kogyo Co's Days Inventory

For the Chemicals subindustry, Koatsu Gas Kogyo Co's Days Inventory, along with its competitors' market caps and Days Inventory 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.


Koatsu Gas Kogyo Co's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Koatsu Gas Kogyo Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Koatsu Gas Kogyo Co's Days Inventory falls into.



Koatsu Gas Kogyo Co Days Inventory Calculation

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

Koatsu Gas Kogyo Co's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (6038.508 + 6203) / 2 ) / 67825*365
=6120.754 / 67825*365
=32.94

Koatsu Gas Kogyo Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (6206 + 6064) / 2 ) / 17880*365 / 4
=6135 / 17880*365 / 4
=31.31

* 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.


Koatsu Gas Kogyo Co  (TSE:4097) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Koatsu Gas Kogyo Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

2. 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.

Koatsu Gas Kogyo Co's Inventory to Revenue 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Koatsu Gas Kogyo Co Days Inventory Related Terms

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Koatsu Gas Kogyo Co (TSE:4097) Business Description

Traded in Other Exchanges
N/A
Address
1-5, Doyama-cho, Kita-ku, Osaka, JPN, 530-8411
Koatsu Gas Kogyo Co., Ltd. is engaged in the production and distribution of industrial gases and chemical products. It has three operating business divisions: Gas, Chemical Products and Information Systems. The company supplies various types of gases to a broad range of industrial sectors, from living-related industries to the medical industry. Its chemical products offering includes adhesives, a synthetic resin emulsion, cyanon, special resin and a nonwoven shock-absorbing material. The company offers information systems, such as LSI cards and reader-writers for various industrial fields, such as construction, civil engineering, transportation, and production equipment; and GNSS receiver modules.

Koatsu Gas Kogyo Co (TSE:4097) Headlines

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