Mitsui High-tec (TSE:6966) Days Inventory : 30.62 (As of Jan. 2024)

Mitsui High-tec Days Inventory Chart

Mitsui High-tec Annual Data
	Trend	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Jan22	Jan23	Jan24
Days Inventory		Get a 7-Day Free Trial					34.37	34.87	33.07	35.26	32.69

Mitsui High-tec Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory	Get a 7-Day Free Trial															38.05	35.81	33.52	31.77	30.62

Competitive Comparison of Mitsui High-tec's Days Inventory

For the Semiconductors subindustry, Mitsui High-tec'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.

Mitsui High-tec's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Mitsui High-tec's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mitsui High-tec's Days Inventory falls into.

Mitsui High-tec Days Inventory Calculation

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

Mitsui High-tec's Days Inventory for the fiscal year that ended in Jan. 2024 is calculated as

Mitsui High-tec's Days Inventory for the quarter that 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.

Mitsui High-tec  (TSE:6966) 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.

Mitsui High-tec'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.

Mitsui High-tec'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.

Mitsui High-tec Days Inventory Related Terms

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Mitsui High-tec (TSE:6966) Business Description