The historical rank and industry rank for Sumitomo Chemical Co's Days Inventory or its related term are showing as below:
TSE:4005'
s Days Inventory Range Over the Past 10 Years
Min: 91.82 Med: 110.58 Max: 142.81
Current: 142.81
During the past 13 years, Sumitomo Chemical Co's highest Days Inventory was 142.81. The lowest was 91.82. And the median was 110.58.
TSE:4005's Days Inventory is ranked worse than 78.15% of 1492
companies
in the Chemicals industry
Industry Median: 82.18
vs TSE:4005: 142.81
Sumitomo Chemical Co's Days Inventory
declined
from Mar. 2023 (136.22) to Mar. 2024 (120.86).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sumitomo Chemical Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.76.
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.
Sumitomo Chemical Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 1.15.
Sumitomo Chemical Co Days Inventory Historical Data
The historical data trend for Sumitomo Chemical 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 Sumitomo Chemical Co's Days Inventory
For the Chemicals subindustry, Sumitomo Chemical 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.
Sumitomo Chemical Co's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sumitomo Chemical Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sumitomo Chemical Co's Days Inventory falls into.
Sumitomo Chemical Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sumitomo Chemical Co's Days Inventory for the fiscal year that 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.
Sumitomo Chemical Co (TSE:4005) 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.
Sumitomo Chemical 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.
Sumitomo Chemical 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.
Sumitomo Chemical Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Sumitomo Chemical Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sumitomo Chemical Co (TSE:4005) Business Description
Sumitomo Chemical Co Ltd manufactures and sells chemicals and chemical-based products. The firm is organized into six segments by product type. The petrochemicals and plastics segment, which generates more revenue than any other segment, sells multiple products including propylene and polypropylene used in automobile seat cushions and interior panels. The pharmaceutical segment sells medicine to treat diabetes, neurology, cancer, and infectious diseases. The IT-related chemicals segment sells compound semiconductors and polarizing films used in LCD displays for TVs and smartphones. The other three segments are health and crop sciences; energy and functional materials; and "others." The majority of revenue comes from Japan and China.
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