Nippon Hume (TSE:5262) Days Inventory : 47.13 (As of Dec. 2023)

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What is Nippon Hume Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nippon Hume's Average Total Inventories for the three months ended in Dec. 2023 was 円4,283 Mil. Nippon Hume's Cost of Goods Sold for the three months ended in Dec. 2023 was 円8,292 Mil. Hence, Nippon Hume's Days Inventory for the three months ended in Dec. 2023 was 47.13.

The historical rank and industry rank for Nippon Hume's Days Inventory or its related term are showing as below:

TSE:5262' s Days Inventory Range Over the Past 10 Years
Min: 26.63 Med: 30.98 Max: 56.19
Current: 56.19

During the past 13 years, Nippon Hume's highest Days Inventory was 56.19. The lowest was 26.63. And the median was 30.98.

TSE:5262's Days Inventory is ranked worse than
53.91% of 1395 companies
in the Construction industry
Industry Median: 48.56 vs TSE:5262: 56.19

Nippon Hume's Days Inventory declined from Dec. 2022 (56.57) to Dec. 2023 (47.13).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nippon Hume's Inventory Turnover for the three months ended in Dec. 2023 was 1.94.

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. Nippon Hume's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.43.

Nippon Hume Days Inventory Historical Data

The historical data trend for Nippon Hume'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.

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Nippon Hume Days Inventory Chart

Nippon Hume Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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28.26

34.42

44.09

48.67

51.13

Nippon Hume 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															56.57	53.14	60.90	68.71	47.13

Competitive Comparison of Nippon Hume's Days Inventory

For the Building Products & Equipment subindustry, Nippon Hume'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.

Nippon Hume's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nippon Hume's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nippon Hume's Days Inventory falls into.

Nippon Hume Days Inventory Calculation

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

Nippon Hume'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
=	( (3311.658	+	4115.996)	/	2 )	/	26509.181	*	365
=	3713.827					/	26509.181	*	365
=	51.13

Nippon Hume'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
=	( (4502.828	+	4062.886)	/	2 )	/	8291.891	*	365 / 4
=	4282.857					/	8291.891	*	365 / 4
=	47.13

Nippon Hume (TSE:5262) 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.

Nippon Hume's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8291.891	/	4282.857
	=	1.94

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.

Nippon Hume's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4282.857	/	9997.763
	=	0.43

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.

Nippon Hume Days Inventory Related Terms

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Nippon Hume (TSE:5262) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nippon Hume Corp (TSE:5262) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11, No. 33 5-chome, Minato-ku, Tokyo, JPN, 105-0004

Website

http://www.nipponhume.co.jp

Nippon Hume Corp provides one-stop service in the design, manufacture and installation of precast concrete products. The company manufactures and sales of concrete products, chemical products, steel materials, engineering materials, equipment for the disposal of general and industrial waste, equipment for water and air purification, and telecommunication installation work. The product line includes - Precast products, Foundation-related products, and Concrete pipes.

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