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Maezawa Industries (TSE:6489) Days Inventory : 102.08 (As of Feb. 2024)


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What is Maezawa Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Maezawa Industries's Average Total Inventories for the three months ended in Feb. 2024 was 円7,998 Mil. Maezawa Industries's Cost of Goods Sold for the three months ended in Feb. 2024 was 円7,149 Mil. Hence, Maezawa Industries's Days Inventory for the three months ended in Feb. 2024 was 102.08.

The historical rank and industry rank for Maezawa Industries's Days Inventory or its related term are showing as below:

TSE:6489' s Days Inventory Range Over the Past 10 Years
Min: 71.64   Med: 91.38   Max: 115.86
Current: 115.86

During the past 13 years, Maezawa Industries's highest Days Inventory was 115.86. The lowest was 71.64. And the median was 91.38.

TSE:6489's Days Inventory is ranked better than
52.55% of 2898 companies
in the Industrial Products industry
Industry Median: 121.445 vs TSE:6489: 115.86

Maezawa Industries's Days Inventory declined from Feb. 2023 (102.82) to Feb. 2024 (102.08).

Inventory Turnover measures how fast the company turns over its inventory within a year. Maezawa Industries's Inventory Turnover for the three months ended in Feb. 2024 was 0.89.

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. Maezawa Industries's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.73.


Maezawa Industries Days Inventory Historical Data

The historical data trend for Maezawa Industries'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.

Maezawa Industries Days Inventory Chart

Maezawa Industries Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.13 92.93 92.80 91.45 94.86

Maezawa Industries Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 102.82 82.83 206.79 124.95 102.08

Competitive Comparison of Maezawa Industries's Days Inventory

For the Pollution & Treatment Controls subindustry, Maezawa Industries'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.


Maezawa Industries's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Maezawa Industries's Days Inventory falls into.



Maezawa Industries Days Inventory Calculation

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

Maezawa Industries's Days Inventory for the fiscal year that ended in May. 2023 is calculated as

Days Inventory (A: May. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2022 ) + Total Inventories (A: May. 2023 )) / count ) / Cost of Goods Sold (A: May. 2023 )*Days in Period
=( (5196 + 6721) / 2 ) / 22927*365
=5958.5 / 22927*365
=94.86

Maezawa Industries's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (7979 + 8016) / 2 ) / 7149*365 / 4
=7997.5 / 7149*365 / 4
=102.08

* 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.


Maezawa Industries  (TSE:6489) 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.

Maezawa Industries's Inventory Turnover for the three months ended in Feb. 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.

Maezawa Industries's Inventory to Revenue for the three months ended in Feb. 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.


Maezawa Industries Days Inventory Related Terms

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


Maezawa Industries (TSE:6489) Business Description

Traded in Other Exchanges
N/A
Address
2-7-2 Yaesu, Chuo-ku, Tokyo, JPN, 104-8351
Maezawa Industries Inc is a provider of water and environmental engineering services. The company manufactures and sells equipment and valves for both water and sewage facilities. Its product portfolio includes Gate valves, Control valves, Butterfly valves, Check valves, Eccentric valves, Air valves, Hydrants, Maintenance valves, ESO valves, Sluice Gates, and environmental systems including water purification, sewage treatment soil purification, and system consultation services. Its water treatment solutions include High-quality water supply, water purification, wastewater treatment, and industrial environment.

Maezawa Industries (TSE:6489) Headlines

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