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Kansai Paint Co (TSE:4613) Days Inventory : 96.99 (As of Dec. 2023)


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What is Kansai Paint Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kansai Paint Co's Average Total Inventories for the three months ended in Dec. 2023 was 円107,832 Mil. Kansai Paint Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円101,448 Mil. Hence, Kansai Paint Co's Days Inventory for the three months ended in Dec. 2023 was 96.99.

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

TSE:4613' s Days Inventory Range Over the Past 10 Years
Min: 67.34   Med: 85.21   Max: 102.25
Current: 102.25

During the past 13 years, Kansai Paint Co's highest Days Inventory was 102.25. The lowest was 67.34. And the median was 85.21.

TSE:4613's Days Inventory is ranked worse than
63% of 1492 companies
in the Chemicals industry
Industry Median: 83.25 vs TSE:4613: 102.25

Kansai Paint Co's Days Inventory declined from Dec. 2022 (103.02) to Dec. 2023 (96.99).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kansai Paint Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.94.

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. Kansai Paint Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.73.


Kansai Paint Co Days Inventory Historical Data

The historical data trend for Kansai Paint 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.

Kansai Paint Co Days Inventory Chart

Kansai Paint Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.28 87.88 97.25 96.08 95.47

Kansai Paint Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 103.02 107.24 100.89 104.11 96.99

Competitive Comparison of Kansai Paint Co's Days Inventory

For the Specialty Chemicals subindustry, Kansai Paint 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.


Kansai Paint Co's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Kansai Paint Co's Days Inventory falls into.



Kansai Paint Co Days Inventory Calculation

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

Kansai Paint Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (89218 + 105395) / 2 ) / 372018*365
=97306.5 / 372018*365
=95.47

Kansai Paint 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
=( (108887 + 106777) / 2 ) / 101448*365 / 4
=107832 / 101448*365 / 4
=96.99

* 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.


Kansai Paint Co  (TSE:4613) 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.

Kansai Paint 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.

Kansai Paint 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.


Kansai Paint Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Kansai Paint Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Kansai Paint Co (TSE:4613) Business Description

Traded in Other Exchanges
Address
6-14, Imabashi 2-chome, Chuo-ku, Osaka, JPN, 541-8523
Kansai Paint Co Ltd manufactures and sells a variety of coatings and paint products. The company sells five primary types of products: automotive coatings; automotive refinish coatings; decorative coatings; protection coatings; and industrial coatings. The firm's automotive coatings include clear coat paints, top coat paints, and primers. The industrial coatings include paint and coatings for bridges, roads, storage tanks, power plants, and manufacturing facilities. Kansai Paint sells its products primarily to the automotive, marine, and construction industries.

Kansai Paint Co (TSE:4613) Headlines

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