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Rock Paint Co (TSE:4621) Days Inventory : 97.95 (As of Sep. 2023)


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What is Rock Paint Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rock Paint Co's Average Total Inventories for the three months ended in Sep. 2023 was 円6,114 Mil. Rock Paint Co's Cost of Goods Sold for the three months ended in Sep. 2023 was 円5,696 Mil. Hence, Rock Paint Co's Days Inventory for the three months ended in Sep. 2023 was 97.95.

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

TSE:4621' s Days Inventory Range Over the Past 10 Years
Min: 94.88   Med: 96.91   Max: 107.39
Current: 97.09

During the past 13 years, Rock Paint Co's highest Days Inventory was 107.39. The lowest was 94.88. And the median was 96.91.

TSE:4621's Days Inventory is not ranked
in the Chemicals industry.
Industry Median: 82.18 vs TSE:4621: 97.09

Rock Paint Co's Days Inventory increased from Sep. 2022 (94.42) to Sep. 2023 (97.95). It might indicate that Rock Paint Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rock Paint Co's Inventory Turnover for the three months ended in Sep. 2023 was 0.93.

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. Rock Paint Co's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.84.


Rock Paint Co Days Inventory Historical Data

The historical data trend for Rock 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.

Rock Paint Co Days Inventory Chart

Rock 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 95.07 96.25 102.93 96.57 94.88

Rock Paint Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 94.42 97.49 102.45 91.45 97.95

Competitive Comparison of Rock Paint Co's Days Inventory

For the Specialty Chemicals subindustry, Rock 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.


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

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

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



Rock Paint Co Days Inventory Calculation

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

Rock 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
=( (5603 + 6146) / 2 ) / 22598*365
=5874.5 / 22598*365
=94.88

Rock Paint Co's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (6039 + 6189) / 2 ) / 5696*365 / 4
=6114 / 5696*365 / 4
=97.95

* 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.


Rock Paint Co  (TSE:4621) 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.

Rock Paint Co's Inventory Turnover for the three months ended in Sep. 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.

Rock Paint Co's Inventory to Revenue for the three months ended in Sep. 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.


Rock Paint Co Days Inventory Related Terms

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


Rock Paint Co (TSE:4621) Business Description

Traded in Other Exchanges
N/A
Address
No. 47 3-chome Yodogawa-ku, Himejima, Osaka, JPN, 555-0033
Rock Paint Co Ltd manufactures and markets paint and adhesive products in Japan. The product line includes - Automotive refinish paints, building paints, industrial paints, and home use paints.

Rock Paint Co (TSE:4621) Headlines

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