What is Sumitomo Chemical Co Inventory-to-Revenue?
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 Average Total Inventories for the quarter that ended in Mar. 2024 was 円733,048 Mil. Sumitomo Chemical Co's Revenue for the
three
months ended in Mar. 2024 was 円640,024 Mil.
Sumitomo Chemical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.15.
Sumitomo Chemical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (1.24) to Dec. 2023 (1.15)
A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
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
three
months ended in Mar. 2024 was 120.86.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sumitomo Chemical Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.76.
Sumitomo Chemical Co Inventory-to-Revenue Historical Data
The historical data trend for Sumitomo Chemical Co's Inventory-to-Revenue 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 Inventory-to-Revenue
For the Chemicals subindustry, Sumitomo Chemical Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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 Inventory-to-Revenue Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sumitomo Chemical Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Sumitomo Chemical Co's Inventory-to-Revenue falls into.
Sumitomo Chemical Co Inventory-to-Revenue Calculation
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 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) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. 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
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.
Sumitomo Chemical Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Sumitomo Chemical Co's Inventory-to-Revenue 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:4005 has been successfully added to your 