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Murata Manufacturing Co (TSE:6981) Days Inventory : 190.48 (As of Mar. 2024)


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What is Murata Manufacturing Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Murata Manufacturing Co's Average Total Inventories for the three months ended in Mar. 2024 was 円513,679 Mil. Murata Manufacturing Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円246,078 Mil. Hence, Murata Manufacturing Co's Days Inventory for the three months ended in Mar. 2024 was 190.48.

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

TSE:6981' s Days Inventory Range Over the Past 10 Years
Min: 98.78   Med: 115.54   Max: 208.06
Current: 208.06

During the past 13 years, Murata Manufacturing Co's highest Days Inventory was 208.06. The lowest was 98.78. And the median was 115.54.

TSE:6981's Days Inventory is ranked worse than
81.35% of 2407 companies
in the Hardware industry
Industry Median: 103.77 vs TSE:6981: 208.06

Murata Manufacturing Co's Days Inventory declined from Mar. 2023 (228.59) to Mar. 2024 (190.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Murata Manufacturing Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.48.

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. Murata Manufacturing Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.32.


Murata Manufacturing Co Days Inventory Historical Data

The historical data trend for Murata Manufacturing 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.

Murata Manufacturing Co Days Inventory Chart

Murata Manufacturing 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 130.99 125.97 144.36 187.70 197.90

Murata Manufacturing 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 228.59 237.14 199.04 181.30 190.48

Competitive Comparison of Murata Manufacturing Co's Days Inventory

For the Electronic Components subindustry, Murata Manufacturing 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.


Murata Manufacturing Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Murata Manufacturing Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Murata Manufacturing Co's Days Inventory falls into.



Murata Manufacturing Co Days Inventory Calculation

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

Murata Manufacturing 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
=( (575026 + 513024) / 2 ) / 1003361*365
=544025 / 1003361*365
=197.90

Murata Manufacturing Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (514334 + 513024) / 2 ) / 246078*365 / 4
=513679 / 246078*365 / 4
=190.48

* 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.


Murata Manufacturing Co  (TSE:6981) 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.

Murata Manufacturing Co'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.

Murata Manufacturing Co'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.


Murata Manufacturing Co Days Inventory Related Terms

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


Murata Manufacturing Co (TSE:6981) Business Description

Traded in Other Exchanges
Address
No. 10 No. 1 Yubinbango, Nagaokakyo, 1-chome, Kyoto Higashikotari, Nagaokakyo, JPN, 617-8555
Murata Manufacturing produces passive components for electronic devices. Passive components are necessary for all electronic circuits, used to enable wireless communication, store electricity and handle electric flow, remove electromagnetic noise from circuits, and so on. Thus, passive components are imperative for electronic circuits. For instance, one high-end smartphone contains more than 1,000 passive components. Murata Manufacturing is the global top passive components supplier with 40% market share on MLCC and SAW filters.

Murata Manufacturing Co (TSE:6981) Headlines

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