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Mitsubishi Kakoki Kaisha (TSE:6331) Days Inventory : 39.92 (As of Dec. 2023)


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What is Mitsubishi Kakoki Kaisha Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mitsubishi Kakoki Kaisha's Average Total Inventories for the three months ended in Dec. 2023 was 円4,116 Mil. Mitsubishi Kakoki Kaisha's Cost of Goods Sold for the three months ended in Dec. 2023 was 円9,407 Mil. Hence, Mitsubishi Kakoki Kaisha's Days Inventory for the three months ended in Dec. 2023 was 39.92.

The historical rank and industry rank for Mitsubishi Kakoki Kaisha's Days Inventory or its related term are showing as below:

TSE:6331' s Days Inventory Range Over the Past 10 Years
Min: 30.71   Med: 38.08   Max: 47.41
Current: 40.08

During the past 13 years, Mitsubishi Kakoki Kaisha's highest Days Inventory was 47.41. The lowest was 30.71. And the median was 38.08.

TSE:6331's Days Inventory is ranked better than
92.06% of 2911 companies
in the Industrial Products industry
Industry Median: 120.53 vs TSE:6331: 40.08

Mitsubishi Kakoki Kaisha's Days Inventory declined from Dec. 2022 (47.71) to Dec. 2023 (39.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mitsubishi Kakoki Kaisha's Inventory Turnover for the three months ended in Dec. 2023 was 2.29.

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. Mitsubishi Kakoki Kaisha's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.34.


Mitsubishi Kakoki Kaisha Days Inventory Historical Data

The historical data trend for Mitsubishi Kakoki Kaisha'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.

Mitsubishi Kakoki Kaisha Days Inventory Chart

Mitsubishi Kakoki Kaisha 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 34.63 30.71 32.57 35.73 38.35

Mitsubishi Kakoki Kaisha 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 32.70 49.79 40.07 39.92 35.14

Competitive Comparison of Mitsubishi Kakoki Kaisha's Days Inventory

For the Pollution & Treatment Controls subindustry, Mitsubishi Kakoki Kaisha'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.


Mitsubishi Kakoki Kaisha's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsubishi Kakoki Kaisha's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mitsubishi Kakoki Kaisha's Days Inventory falls into.



Mitsubishi Kakoki Kaisha Days Inventory Calculation

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

Mitsubishi Kakoki Kaisha'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
=( (3713 + 3939) / 2 ) / 36415*365
=3826 / 36415*365
=38.35

Mitsubishi Kakoki Kaisha'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
=( (3995 + 4236) / 2 ) / 9407*365 / 4
=4115.5 / 9407*365 / 4
=39.92

* 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.


Mitsubishi Kakoki Kaisha  (TSE:6331) 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.

Mitsubishi Kakoki Kaisha's Inventory Turnover for the three months ended in Dec. 2023 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.

Mitsubishi Kakoki Kaisha's Inventory to Revenue for the three months 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.


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.


Mitsubishi Kakoki Kaisha Days Inventory Related Terms

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


Mitsubishi Kakoki Kaisha (TSE:6331) Business Description

Traded in Other Exchanges
Address
2-1 Ohkawa-cho, Kawasaki-ku, Kawasaki, Kanagawa, JPN, 210-8560
Mitsubishi Kakoki Kaisha Ltd is a manufacturer of chemical plant equipment. The reportable segments of the company are the Engineering business and the Machinery business. The Engineering business includes city gas and petroleum-related plants, a variety of chemical engineering plants, hydrogen generation plants, sewage treatment equipment, diverse water treatment equipment and related products. The Machinery business includes oil purifiers, a variety of separation and filtration machinery, seawater screening facility mixers and related products. It serves the diversified industries in the fields of energy, chemicals, foodstuffs, pharmaceuticals, air purification, and water and waste treatment. The company has an operational presence across Europe, Mainland China, Taiwan and Thailand.

Mitsubishi Kakoki Kaisha (TSE:6331) Headlines

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