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Toho Zinc Co (TSE:5707) Days Inventory : 118.49 (As of Dec. 2023)


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What is Toho Zinc Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Toho Zinc Co's Average Total Inventories for the three months ended in Dec. 2023 was 円43,921 Mil. Toho Zinc Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円33,823 Mil. Hence, Toho Zinc Co's Days Inventory for the three months ended in Dec. 2023 was 118.49.

The historical rank and industry rank for Toho Zinc Co's Days Inventory or its related term are showing as below:

TSE:5707' s Days Inventory Range Over the Past 10 Years
Min: 128.51   Med: 137.84   Max: 146.5
Current: 132.06

During the past 13 years, Toho Zinc Co's highest Days Inventory was 146.50. The lowest was 128.51. And the median was 137.84.

TSE:5707's Days Inventory is ranked worse than
72.4% of 663 companies
in the Metals & Mining industry
Industry Median: 88.19 vs TSE:5707: 132.06

Toho Zinc Co's Days Inventory declined from Dec. 2022 (159.99) to Dec. 2023 (118.49).

Inventory Turnover measures how fast the company turns over its inventory within a year. Toho Zinc Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.77.

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. Toho Zinc Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.24.


Toho Zinc Co Days Inventory Historical Data

The historical data trend for Toho Zinc 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.

* Premium members only.

Toho Zinc Co Days Inventory Chart

Toho Zinc Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 136.99 138.05 146.50 136.16 128.51

Toho Zinc Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 136.84 139.00 162.72 118.49 116.29

Competitive Comparison of Toho Zinc Co's Days Inventory

For the Other Industrial Metals & Mining subindustry, Toho Zinc 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.


Toho Zinc Co's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Toho Zinc Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Toho Zinc Co's Days Inventory falls into.



Toho Zinc Co Days Inventory Calculation

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

Toho Zinc Co's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (47456 + 38708) / 2 ) / 122364*365
=43082 / 122364*365
=128.51

Toho Zinc 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
=( (49168 + 38673) / 2 ) / 33823*365 / 4
=43920.5 / 33823*365 / 4
=118.49

* 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.


Toho Zinc Co  (TSE:5707) 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.

Toho Zinc Co's Inventory Turnover for the three months ended in Dec. 2023 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.

Toho Zinc Co's Inventory to Revenue for the three months 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.


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.


Toho Zinc Co Days Inventory Related Terms

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


Toho Zinc Co (TSE:5707) Business Description

Traded in Other Exchanges
Address
1-8-2 Marunouchi, Tekko Building, Chiyoda-ku, Tokyo, JPN, 100-8207
Toho Zinc Co Ltd is engaged in smelting and refining of non-ferrous metals and supplier of zinc products. Its products portfolio consists of zinc powder, Cadmium Oxide, Sulfuric Acid, Electrolytic Zinc, and Zinc Alloys for Die Casting. The company's segments include Smelting, Mineral resources, Electronic components, and Environment and recycling. The majority of the company's revenue is derived from sale and production of zinc and lead products, electric silver and sulfuric acid. The company operates in Japan, Asia, and Oceania.

Toho Zinc Co (TSE:5707) Headlines

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