Sun A.Kaken Co (TSE:4234) Days Inventory : 71.53 (As of Dec. 2023)

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What is Sun A.Kaken Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sun A.Kaken Co's Average Total Inventories for the three months ended in Dec. 2023 was 円4,801 Mil. Sun A.Kaken Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円6,125 Mil. Hence, Sun A.Kaken Co's Days Inventory for the three months ended in Dec. 2023 was 71.53.

The historical rank and industry rank for Sun A.Kaken Co's Days Inventory or its related term are showing as below:

TSE:4234' s Days Inventory Range Over the Past 10 Years
Min: 41.12 Med: 44.97 Max: 72.11
Current: 72.11

During the past 13 years, Sun A.Kaken Co's highest Days Inventory was 72.11. The lowest was 41.12. And the median was 44.97.

TSE:4234's Days Inventory is ranked better than
57.76% of 1494 companies
in the Chemicals industry
Industry Median: 82.18 vs TSE:4234: 72.11

Sun A.Kaken Co's Days Inventory declined from Dec. 2022 (71.98) to Dec. 2023 (71.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sun A.Kaken Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.28.

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. Sun A.Kaken Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.70.

Sun A.Kaken Co Days Inventory Historical Data

The historical data trend for Sun A.Kaken 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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Sun A.Kaken Co Days Inventory Chart

Sun A.Kaken Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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43.20

45.58

47.79

58.02

66.81

Sun A.Kaken 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															71.98	72.70	70.75	73.19	71.53

Competitive Comparison of Sun A.Kaken Co's Days Inventory

For the Specialty Chemicals subindustry, Sun A.Kaken 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.

Sun A.Kaken Co's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sun A.Kaken Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sun A.Kaken Co's Days Inventory falls into.

Sun A.Kaken Co Days Inventory Calculation

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

Sun A.Kaken 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
=	( (4269.438	+	4987.792)	/	2 )	/	25287.683	*	365
=	4628.615					/	25287.683	*	365
=	66.81

Sun A.Kaken 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
=	( (4733.777	+	4868.946)	/	2 )	/	6125.113	*	365 / 4
=	4801.3615					/	6125.113	*	365 / 4
=	71.53

Sun A.Kaken Co (TSE:4234) 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.

Sun A.Kaken Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6125.113	/	4801.3615
	=	1.28

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.

Sun A.Kaken Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4801.3615	/	6854.884
	=	0.70

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.

Sun A.Kaken Co Days Inventory Related Terms

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Sun A.Kaken Co (TSE:4234) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sun A.Kaken Co Ltd (TSE:4234) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

KK2:Germany

Address

1-7-4, Nihonbashi Honcho, Chuo-ku, Tokyo, JPN

Website

http://www.sun-a-kaken.co.jp

Sun A.Kaken Company, Limited manufactures and sells various plastic composite products, packaging materials, and industrial materials. The Company's products are used in wrapping materials for medicines and foods, adhesive tapes, and protective films. It's products such as light packaging materials mainly made of paper, plastic, metal foil.

Sun A.Kaken Co (TSE:4234) Headlines

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