Days Inventory is also known as Days Sales of Inventory (DSI). MISUMI Group's Average Total Inventories for the
three
months ended in Mar. 2024 was 円77,935 Mil. MISUMI Group's Cost of Goods Sold for the
three
months ended in Mar. 2024 was 円51,212 Mil.
Hence, MISUMI Group's Days Inventory for the
three
months ended in Mar. 2024 was 138.87.
The historical rank and industry rank for MISUMI Group's Days Inventory or its related term are showing as below:
TSE:9962'
s Days Inventory Range Over the Past 10 Years
Min: 75.72 Med: 83.18 Max: 143.02
Current: 143.02
During the past 13 years, MISUMI Group's highest Days Inventory was 143.02. The lowest was 75.72. And the median was 83.18.
TSE:9962's Days Inventory is ranked worse than 60.03% of 2905
companies
in the Industrial Products industry
Industry Median: 119.85
vs TSE:9962: 143.02
MISUMI Group's Days Inventory
increased
from Mar. 2023 (138.30) to Mar. 2024 (138.87).
It might indicate that MISUMI Group's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
MISUMI Group's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.66.
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.
MISUMI Group's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.82.
MISUMI Group Days Inventory Historical Data
The historical data trend for MISUMI Group'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.
Competitive Comparison of MISUMI Group's Days Inventory
For the Tools & Accessories subindustry, MISUMI Group'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.
MISUMI Group's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, MISUMI Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where MISUMI Group's Days Inventory falls into.
MISUMI Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
MISUMI Group's Days Inventory 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.
MISUMI Group (TSE:9962) 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.
MISUMI Group'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.
MISUMI Group'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.
MISUMI Group Days Inventory Related Terms
Thank you for viewing the detailed overview of MISUMI Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
MISUMI Group Inc is a Japanese manufacturer of components and parts used in automation processes. The group's three main businesses offer standardised components for automated equipment used in factory automation, die and mold parts used in the production of automobiles and electronic devices, and third-party branded products. The products include shafts, set collars, springs, gears, actuators, optical measurement devices, connectors, switches, cables, transformers, bores, wires, calipers, diamond cutting tools, punches, button dies, retainers, ejector pins, and taper pins.
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