The historical rank and industry rank for Sumitomo Heavy Industries's Days Inventory or its related term are showing as below:
TSE:6302'
s Days Inventory Range Over the Past 10 Years
Min: 93.85 Med: 105.75 Max: 144.04
Current: 144.04
During the past 13 years, Sumitomo Heavy Industries's highest Days Inventory was 144.04. The lowest was 93.85. And the median was 105.75.
TSE:6302's Days Inventory is ranked worse than 59.92% of 2912
companies
in the Industrial Products industry
Industry Median: 121.305
vs TSE:6302: 144.04
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sumitomo Heavy Industries's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.57.
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 Heavy Industries's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 1.31.
Sumitomo Heavy Industries Days Inventory Historical Data
* 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 Heavy Industries's Days Inventory
For the Specialty Industrial Machinery subindustry, Sumitomo Heavy Industries'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.
Sumitomo Heavy Industries's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sumitomo Heavy Industries's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sumitomo Heavy Industries's Days Inventory falls into.
Sumitomo Heavy Industries Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sumitomo Heavy Industries's Days Inventory for the fiscal year that 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.
Sumitomo Heavy Industries (TSE:6302) 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.
Sumitomo Heavy Industries's Inventory Turnover for the
three
months ended in Mar. 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.
Sumitomo Heavy Industries's Inventory to Revenue 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.
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.
Sumitomo Heavy Industries Days Inventory Related Terms
Thank you for viewing the detailed overview of Sumitomo Heavy Industries's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sumitomo Heavy Industries (TSE:6302) Business Description
Sumitomo Heavy Industries Ltd develops and manufactures a range of industrial machinery, from gearboxes to ships and large-scale plants. It offers power transmission and control systems, molding machinery, mobile cranes, turbines, and other industrial systems to optimize production. The company has six operating segments: machinery components, precision machinery, construction machinery, industrial machinery, ships, and environmental facilities and plants. Its segments collaborate, utilize research and development, and look for synergies to create new technologies or build on existing components. Japan accounts for approximately half of total revenue, with the remainder split between the United States, China, and other areas.
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