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Artience Co (TSE:4634) Total Inventories : 円67,594 Mil (As of Mar. 2024)


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What is Artience Co Total Inventories?

Artience Co's total inventories for the quarter that ended in Mar. 2024 was 円67,594 Mil. Artience Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was 円66,156 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Artience Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円-688.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Artience Co's Days Inventory for the three months ended in Mar. 2024 was 94.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Artience Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.97.

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. Artience Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.81.


Artience Co Total Inventories Historical Data

The historical data trend for Artience 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.

Artience Co Total Inventories Chart

Artience Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48,508.00 46,188.00 59,570.00 67,582.00 64,718.00

Artience Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 69,299.00 67,971.00 66,644.00 64,718.00 67,594.00

Artience 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.


Artience Co  (TSE:4634) 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.

Artience Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(55774+0.75 * 104816+0.5 * 67594-194063
-0-10639)/53.023
=-688.74

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

Artience Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=66156/64157*365 / 4
=94.09

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

Artience Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=64157 / 66156
=0.97

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.

Artience Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=66156 / 81727
=0.81

* 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.


Artience Co Total Inventories Related Terms

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Artience Co (TSE:4634) Business Description

Traded in Other Exchanges
Address
3-13 Kyobashi 2-chome, Chuo-ku, Tokyo, JPN, 104-8377
Artience Co Ltd is a holding company whose subsidiaries manufacture and sell a variety of chemicals and inks. The firm organizes itself into various segments based on product type. The printing and information segment, which generates the Most revenue, sells printing inks used for ink-jet printers, newspapers, magazines, and other printed materials. The colorants and functional materials segment sells pigments, plastic colorants, and liquid crystal display color filter materials. The polymers and coatings segments sells coatings, adhesives, plastic resins, and can coatings. The packaging materials segment sells packaging inks used for food and consumer goods packaging. Most of Toyo Ink's revenue comes from Japan.

Artience Co (TSE:4634) Headlines

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