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Nitto Seimo Co (TSE:3524) Total Inventories : 円8,752 Mil (As of Jan. 2024)


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What is Nitto Seimo Co Total Inventories?

Nitto Seimo Co's total inventories for the quarter that ended in Jan. 2024 was 円8,752 Mil. Nitto Seimo Co's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was 円8,321 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nitto Seimo Co's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was 円-4,990.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nitto Seimo Co's Days Inventory for the three months ended in Jan. 2024 was 222.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nitto Seimo Co's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.41.

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. Nitto Seimo Co's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 2.04.


Nitto Seimo Co Total Inventories Historical Data

The historical data trend for Nitto Seimo Co's Total Inventories 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.

Nitto Seimo Co Total Inventories Chart

Nitto Seimo Co Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,693.08 5,953.09 6,602.80 6,662.59 7,292.19

Nitto Seimo Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Inventories 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 8,213.73 7,292.19 7,949.13 7,889.86 8,751.71

Nitto Seimo Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Nitto Seimo Co  (TSE:3524) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Nitto Seimo Co's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1604.341+0.75 * 6133.431+0.5 * 8751.714-23354.855
-0-168.538)/2.59338
=-4,990.83

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

Nitto Seimo Co's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=8320.785/3419.412*365 / 4
=222.05

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

Nitto Seimo Co's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=3419.412 / 8320.785
=0.41

4. 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.

Nitto Seimo Co's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=8320.785 / 4072.685
=2.04

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Nitto Seimo Co Total Inventories Related Terms

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Nitto Seimo Co (TSE:3524) Business Description

Traded in Other Exchanges
Address
2-20-15 Shimbashi, Minato-ku, Tokyo, JPN
Nitto Seimo Co Ltd is engaged in manufacturing and sales of knotless nets, knotted nets, minnow nets, and ropes for fishery and onshore use and sales of laborsaving machinery and equipment for vessels and fishing operation as well as marine products.

Nitto Seimo Co (TSE:3524) Headlines

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