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Noevir Holdings Co (TSE:4928) Days Inventory : 155.63 (As of Mar. 2024)


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What is Noevir Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Noevir Holdings Co's Average Total Inventories for the three months ended in Mar. 2024 was 円8,335 Mil. Noevir Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円4,887 Mil. Hence, Noevir Holdings Co's Days Inventory for the three months ended in Mar. 2024 was 155.63.

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

TSE:4928' s Days Inventory Range Over the Past 10 Years
Min: 136.3   Med: 144.1   Max: 162.64
Current: 149.02

During the past 13 years, Noevir Holdings Co's highest Days Inventory was 162.64. The lowest was 136.30. And the median was 144.10.

TSE:4928's Days Inventory is ranked worse than
77.14% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.97 vs TSE:4928: 149.02

Noevir Holdings Co's Days Inventory increased from Mar. 2023 (154.25) to Mar. 2024 (155.63). It might indicate that Noevir Holdings Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Noevir Holdings Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.59.

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. Noevir Holdings Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.56.


Noevir Holdings Co Days Inventory Historical Data

The historical data trend for Noevir Holdings 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.

Noevir Holdings Co Days Inventory Chart

Noevir Holdings Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 145.83 162.64 154.15 145.42 146.04

Noevir Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 154.25 155.48 139.72 146.90 155.63

Competitive Comparison of Noevir Holdings Co's Days Inventory

For the Household & Personal Products subindustry, Noevir Holdings 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.


Noevir Holdings Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Noevir Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Noevir Holdings Co's Days Inventory falls into.



Noevir Holdings Co Days Inventory Calculation

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

Noevir Holdings Co's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (7849 + 8146) / 2 ) / 19988*365
=7997.5 / 19988*365
=146.04

Noevir Holdings Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (8110 + 8560) / 2 ) / 4887*365 / 4
=8335 / 4887*365 / 4
=155.63

* 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.


Noevir Holdings Co  (TSE:4928) 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.

Noevir Holdings Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Noevir Holdings Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Noevir Holdings Co Days Inventory Related Terms

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


Noevir Holdings Co (TSE:4928) Business Description

Traded in Other Exchanges
N/A
Address
6-13-1 Minatojimanakamachi, Chuo-ku, Kobe, JPN, 650-8521
Noevir Holdings Co Ltd is a Japan-based company that is principally engaged in two businesses, cosmetics, and pharmaceuticals and health food. The cosmetics business produces and offers skincare and makeup products under a number brands, like Noevir, NOV, and Sana. The pharmaceuticals and health food business develops, produces and sells a broad range of products, including Nanten Nodo Ame cough drops, functional drinks, and other over-the-counter pharmaceuticals, such as cold remedies and eye drops, and health food products as well. These two businesses jointly contribute the majority of the company's revenue. The company also operates apparel and aircraft sales and leasing. The company has a presence in a number of countries across the world, and focuses on developing Asian markets.

Noevir Holdings Co (TSE:4928) Headlines

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