The historical rank and industry rank for Nippon Ceramic Co's Days Inventory or its related term are showing as below:
NPPRF'
s Days Inventory Range Over the Past 10 Years
Min: 123.01 Med: 144.56 Max: 158.41
Current: 143.45
During the past 13 years, Nippon Ceramic Co's highest Days Inventory was 158.41. The lowest was 123.01. And the median was 144.56.
NPPRF's Days Inventory is ranked worse than 66.1% of 2407
companies
in the Hardware industry
Industry Median: 101.86
vs NPPRF: 143.45
Nippon Ceramic Co's Days Inventory
declined
from Mar. 2023 (175.38) to Mar. 2024 (134.18).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nippon Ceramic Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.68.
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 Ceramic Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 1.08.
Nippon Ceramic Co Days Inventory Historical Data
The historical data trend for Nippon Ceramic 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.
Competitive Comparison of Nippon Ceramic Co's Days Inventory
For the Electronic Components subindustry, Nippon Ceramic 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.
Nippon Ceramic Co's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Nippon Ceramic Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nippon Ceramic Co's Days Inventory falls into.
Nippon Ceramic Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Nippon Ceramic Co's Days Inventory for the fiscal year that 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.
Nippon Ceramic Co (OTCPK:NPPRF) 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 Ceramic 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.
Nippon Ceramic 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.
Nippon Ceramic Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Nippon Ceramic Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Nippon Ceramic Co (Nippon Ceramic Co) Business Description
Nippon Ceramic Co Ltd is a Japan based company engaged in development, manufacturing and sale of ceramic sensors, ferrite, module and others. Its products are applicable for household equipment and plant facilities; automobiles; home electronics and office automation equipment; and electronics. Its Household equipment & plant faculties include lighting, sensor, security system, fire detection sensor etc. In automobile industry its products are applicable in sensor, DC- DC Converter, charging & discharging battery etc. Its products in home electronics include Microwave, airconditioner and IH cooker. Under electronics industry its products are power supplies, fan motors, inverters.
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