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Tri Chemical Laboratories (TSE:4369) Days Inventory : 194.58 (As of Jan. 2024)


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What is Tri Chemical Laboratories Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tri Chemical Laboratories's Average Total Inventories for the three months ended in Jan. 2024 was 円4,046 Mil. Tri Chemical Laboratories's Cost of Goods Sold for the three months ended in Jan. 2024 was 円1,897 Mil. Hence, Tri Chemical Laboratories's Days Inventory for the three months ended in Jan. 2024 was 194.58.

The historical rank and industry rank for Tri Chemical Laboratories's Days Inventory or its related term are showing as below:

TSE:4369' s Days Inventory Range Over the Past 10 Years
Min: 71.89   Med: 84.78   Max: 175.86
Current: 175.86

During the past 13 years, Tri Chemical Laboratories's highest Days Inventory was 175.86. The lowest was 71.89. And the median was 84.78.

TSE:4369's Days Inventory is ranked worse than
85.87% of 1493 companies
in the Chemicals industry
Industry Median: 82.13 vs TSE:4369: 175.86

Tri Chemical Laboratories's Days Inventory increased from Jan. 2023 (104.79) to Jan. 2024 (194.58). It might indicate that Tri Chemical Laboratories'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. Tri Chemical Laboratories's Inventory Turnover for the three months ended in Jan. 2024 was 0.47.

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. Tri Chemical Laboratories's Inventory-to-Revenue for the three months ended in Jan. 2024 was 1.33.


Tri Chemical Laboratories Days Inventory Historical Data

The historical data trend for Tri Chemical Laboratories'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.

Tri Chemical Laboratories Days Inventory Chart

Tri Chemical Laboratories Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.30 95.43 101.80 108.52 172.37

Tri Chemical Laboratories Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 145.16 192.84 196.94 194.58 181.57

Competitive Comparison of Tri Chemical Laboratories's Days Inventory

For the Specialty Chemicals subindustry, Tri Chemical Laboratories'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.


Tri Chemical Laboratories's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tri Chemical Laboratories's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tri Chemical Laboratories's Days Inventory falls into.



Tri Chemical Laboratories Days Inventory Calculation

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

Tri Chemical Laboratories's Days Inventory for the fiscal year that ended in Jan. 2024 is calculated as

Days Inventory (A: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (2740.012 + 4022.907) / 2 ) / 7160.248*365
=3381.4595 / 7160.248*365
=172.37

Tri Chemical Laboratories's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (4068.551 + 4022.907) / 2 ) / 1897.263*365 / 4
=4045.729 / 1897.263*365 / 4
=194.58

* 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.


Tri Chemical Laboratories  (TSE:4369) 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.

Tri Chemical Laboratories's Inventory Turnover for the three months ended in Jan. 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.

Tri Chemical Laboratories's Inventory to Revenue for the three months ended in Jan. 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.


Tri Chemical Laboratories Days Inventory Related Terms

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


Tri Chemical Laboratories (TSE:4369) Business Description

Traded in Other Exchanges
Address
8154-217 Uenohara, Uenohara-shi, Yamanashi, JPN, 409-0112
Tri Chemical Laboratories Inc is engaged in the manufacturing of high-purity chemical compounds for the semiconductor industry.

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