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Shigematsu Works Co (TSE:7980) Total Inventories : 円4,288 Mil (As of Dec. 2023)


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What is Shigematsu Works Co Total Inventories?

Shigematsu Works Co's total inventories for the quarter that ended in Dec. 2023 was 円4,288 Mil. Shigematsu Works Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was 円4,216 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shigematsu Works Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-393.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shigematsu Works Co's Days Inventory for the three months ended in Dec. 2023 was 172.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shigematsu Works Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.53.

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. Shigematsu Works Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.34.


Shigematsu Works Co Total Inventories Historical Data

The historical data trend for Shigematsu Works Co's Total Inventories 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.

Shigematsu Works Co Total Inventories Chart

Shigematsu Works Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,922.43 2,909.39 3,809.41 3,919.10 3,775.74

Shigematsu Works Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories 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 4,136.12 3,775.74 3,856.70 4,143.78 4,287.90

Shigematsu Works Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Shigematsu Works Co  (TSE:7980) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Shigematsu Works Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1412.473+0.75 * 2011.574+0.5 * 4287.898-7866.625
-0-0)/7.11136
=-393.95

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

Shigematsu Works Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=4215.8385/2233.178*365 / 4
=172.26

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Shigematsu Works Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=2233.178 / 4215.8385
=0.53

4. 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.

Shigematsu Works Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=4215.8385 / 3151.567
=1.34

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Shigematsu Works Co Total Inventories Related Terms

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Shigematsu Works Co (TSE:7980) Business Description

Traded in Other Exchanges
N/A
Address
1-26-1, Nishigahara, Kita-ku, Tokyo, JPN, 114 0024
Shigematsu Works Co Ltd is a Japan based company engaged in the safety business. It manufactures personal and respiratory protective devices related to fire and industrial safety, equipment for air purifying, emergency and rescue operations. The company offers products such as gas respirators, chemical cartridge respirators, particulate respirators, self-contained breathing apparatus, powered air-purifying respirators, supplied-air respirators, eye protector, face shields, earmuffs, safety belts, protective clothing, protective gloves, stretchers, oxygen meters and other related products. The products offered by the organization has application in various industries including textile, chemical, automobile, fishery, mining, warehouse and others.

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