P.S. Mitsubishi Construction Co (TSE:1871) Days Inventory : 19.12 (As of Dec. 2023)

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What is P.S. Mitsubishi Construction Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). P.S. Mitsubishi Construction Co's Average Total Inventories for the three months ended in Dec. 2023 was 円5,816 Mil. P.S. Mitsubishi Construction Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円27,758 Mil. Hence, P.S. Mitsubishi Construction Co's Days Inventory for the three months ended in Dec. 2023 was 19.12.

The historical rank and industry rank for P.S. Mitsubishi Construction Co's Days Inventory or its related term are showing as below:

TSE:1871' s Days Inventory Range Over the Past 10 Years
Min: 16.23 Med: 19.15 Max: 22.24
Current: 18.52

During the past 13 years, P.S. Mitsubishi Construction Co's highest Days Inventory was 22.24. The lowest was 16.23. And the median was 19.15.

TSE:1871's Days Inventory is ranked better than
67.64% of 1397 companies
in the Construction industry
Industry Median: 48.85 vs TSE:1871: 18.52

P.S. Mitsubishi Construction Co's Days Inventory declined from Dec. 2022 (22.99) to Dec. 2023 (19.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. P.S. Mitsubishi Construction Co's Inventory Turnover for the three months ended in Dec. 2023 was 4.77.

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. P.S. Mitsubishi Construction Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.18.

P.S. Mitsubishi Construction Co Days Inventory Historical Data

The historical data trend for P.S. Mitsubishi Construction 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.

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P.S. Mitsubishi Construction Co Days Inventory Chart

P.S. Mitsubishi Construction Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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22.24

21.64

19.72

18.57

16.23

P.S. Mitsubishi Construction Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															22.99	15.63	18.11	18.89	19.12

Competitive Comparison of P.S. Mitsubishi Construction Co's Days Inventory

For the Engineering & Construction subindustry, P.S. Mitsubishi Construction 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.

P.S. Mitsubishi Construction Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, P.S. Mitsubishi Construction Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where P.S. Mitsubishi Construction Co's Days Inventory falls into.

P.S. Mitsubishi Construction Co Days Inventory Calculation

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

P.S. Mitsubishi Construction Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (4214	+	4126)	/	2 )	/	93800	*	365
=	4170					/	93800	*	365
=	16.23

P.S. Mitsubishi Construction Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (5614	+	6017)	/	2 )	/	27758	*	365 / 4
=	5815.5					/	27758	*	365 / 4
=	19.12

P.S. Mitsubishi Construction Co (TSE:1871) 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.

P.S. Mitsubishi Construction Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	27758	/	5815.5
	=	4.77

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.

P.S. Mitsubishi Construction Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5815.5	/	32347
	=	0.18

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.

P.S. Mitsubishi Construction Co Days Inventory Related Terms

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

P.S. Mitsubishi Construction Co (TSE:1871) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » P.S. Mitsubishi Construction Co Ltd (TSE:1871) » Definitions » Days Inventory

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Address

2-5-24 Harumi, 3rd Floor, Harumi Center Building, Chuo-ku, Tokyo, JPN, 104-8215

Website

http://www.psmic.co.jp

P.S. Mitsubishi Construction Co. Ltd. engages in business of civil engineering and building construction services. The company also maintains and repairs civil engineering and building structures; manufactures and sells prestressed and pre-cast concrete products, as well as produces and sells their manufacturing tools and attachments; and designs, manufactures, sells, and leases machines, equipment, and apparatus for prestressed concrete construction and other construction works. In addition, it is involved in the mineral mining and contract activities; purchase, sale, lease, brokerage, ownership, and management of real estate properties; freight and storage businesses; and provision of liability, life, and auto insurance agency services.

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