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Chuo Seisakusho (NGO:6846) Days Inventory : 271.01 (As of Dec. 2023)


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What is Chuo Seisakusho Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chuo Seisakusho's Average Total Inventories for the three months ended in Dec. 2023 was 円1,384 Mil. Chuo Seisakusho's Cost of Goods Sold for the three months ended in Dec. 2023 was 円466 Mil. Hence, Chuo Seisakusho's Days Inventory for the three months ended in Dec. 2023 was 271.01.

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

NGO:6846' s Days Inventory Range Over the Past 10 Years
Min: 67.1   Med: 83.14   Max: 167.05
Current: 167.05

During the past 13 years, Chuo Seisakusho's highest Days Inventory was 167.05. The lowest was 67.10. And the median was 83.14.

NGO:6846's Days Inventory is ranked worse than
67.61% of 2911 companies
in the Industrial Products industry
Industry Median: 120.53 vs NGO:6846: 167.05

Chuo Seisakusho's Days Inventory increased from Dec. 2022 (228.67) to Dec. 2023 (271.01). It might indicate that Chuo Seisakusho's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chuo Seisakusho's Inventory Turnover for the three months ended in Dec. 2023 was 0.34.

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. Chuo Seisakusho's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.20.


Chuo Seisakusho Days Inventory Historical Data

The historical data trend for Chuo Seisakusho'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.

Chuo Seisakusho Days Inventory Chart

Chuo Seisakusho 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 80.85 88.89 101.30 87.39 128.06

Chuo Seisakusho 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 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 228.67 126.53 225.01 115.69 271.01

Competitive Comparison of Chuo Seisakusho's Days Inventory

For the Specialty Industrial Machinery subindustry, Chuo Seisakusho'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.


Chuo Seisakusho's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chuo Seisakusho's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chuo Seisakusho's Days Inventory falls into.



Chuo Seisakusho Days Inventory Calculation

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

Chuo Seisakusho'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
=( (799.315 + 1011.471) / 2 ) / 2580.551*365
=905.393 / 2580.551*365
=128.06

Chuo Seisakusho'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
=( (1234.329 + 1533.761) / 2 ) / 466.01*365 / 4
=1384.045 / 466.01*365 / 4
=271.01

* 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.


Chuo Seisakusho  (NGO:6846) 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.

Chuo Seisakusho's Inventory Turnover for the three months ended in Dec. 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.

Chuo Seisakusho's Inventory to Revenue for the three months ended in Dec. 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.


Chuo Seisakusho Days Inventory Related Terms

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


Chuo Seisakusho (NGO:6846) Business Description

Traded in Other Exchanges
N/A
Address
24, No. 1 Uchihama Town, Mizuho-ku, Nagoya, JPN
Chuo Seisakusho is engaged as a manufacturer of electrical equipment in Japan. It has number of environmental equipments, such as electric resistance welding machine, electrolytic machining, surface treatment equipment & various types of power equipment.

Chuo Seisakusho (NGO:6846) Headlines

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