Nippon Coke & Engineering Co (TSE:3315) Days Inventory : 135.01 (As of Dec. 2023)

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What is Nippon Coke & Engineering Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nippon Coke & Engineering Co's Average Total Inventories for the three months ended in Dec. 2023 was 円41,811 Mil. Nippon Coke & Engineering Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円28,259 Mil. Hence, Nippon Coke & Engineering Co's Days Inventory for the three months ended in Dec. 2023 was 135.01.

The historical rank and industry rank for Nippon Coke & Engineering Co's Days Inventory or its related term are showing as below:

TSE:3315' s Days Inventory Range Over the Past 10 Years
Min: 65.07 Med: 81.32 Max: 119.62
Current: 119.62

During the past 13 years, Nippon Coke & Engineering Co's highest Days Inventory was 119.62. The lowest was 65.07. And the median was 81.32.

TSE:3315's Days Inventory is ranked worse than
69.74% of 575 companies
in the Steel industry
Industry Median: 85.74 vs TSE:3315: 119.62

Nippon Coke & Engineering Co's Days Inventory increased from Dec. 2022 (114.78) to Dec. 2023 (135.01). It might indicate that Nippon Coke & Engineering Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nippon Coke & Engineering Co's Inventory Turnover for the three months ended in Dec. 2023 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 Coke & Engineering Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.42.

Nippon Coke & Engineering Co Days Inventory Historical Data

The historical data trend for Nippon Coke & Engineering 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.

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Nippon Coke & Engineering Co Days Inventory Chart

Nippon Coke & Engineering Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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80.06

82.34

87.03

89.77

89.07

Nippon Coke & Engineering Co 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															114.78	121.69	112.20	107.29	135.01

Competitive Comparison of Nippon Coke & Engineering Co's Days Inventory

For the Coking Coal subindustry, Nippon Coke & Engineering 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 Coke & Engineering Co's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nippon Coke & Engineering Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nippon Coke & Engineering Co's Days Inventory falls into.

Nippon Coke & Engineering Co Days Inventory Calculation

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

Nippon Coke & Engineering Co'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
=	( (35258	+	46668)	/	2 )	/	167862	*	365
=	40963					/	167862	*	365
=	89.07

Nippon Coke & Engineering Co'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
=	( (40432	+	43189)	/	2 )	/	28259	*	365 / 4
=	41810.5					/	28259	*	365 / 4
=	135.01

Nippon Coke & Engineering Co (TSE:3315) 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 Coke & Engineering Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	28259	/	41810.5
	=	0.68

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 Coke & Engineering Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	41810.5	/	29468
	=	1.42

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 Coke & Engineering Co Days Inventory Related Terms

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

Nippon Coke & Engineering Co (TSE:3315) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nippon Coke & Engineering Co Ltd (TSE:3315) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

NJ2:Germany

Address

3-3-3 Toyosu, Koto-ku, Tokyo, JPN, 135-6007

Website

http://www.n-coke.com

Nippon Coke & Engineering Co., Ltd is engaged in the business of production and supply of coal and coke. The company also focuses on the sale and production of powder and granule-related equipment and machinery. In addition, it is involved in the resource recycling, and logistics businesses; and property rental activity. Business is primarily functioned through Japan and it derives the majority of revenue from coal and coke segment.

Nippon Coke & Engineering Co (TSE:3315) Headlines

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