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Maruichi Steel Tube (TSE:5463) Total Inventories : 円62,492 Mil (As of Dec. 2023)


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What is Maruichi Steel Tube Total Inventories?

Maruichi Steel Tube's total inventories for the quarter that ended in Dec. 2023 was 円62,492 Mil. Maruichi Steel Tube's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was 円62,809 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Maruichi Steel Tube's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円1,165.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Maruichi Steel Tube's Days Inventory for the three months ended in Dec. 2023 was 103.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Maruichi Steel Tube's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.88.

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. Maruichi Steel Tube's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.92.


Maruichi Steel Tube Total Inventories Historical Data

The historical data trend for Maruichi Steel Tube's Total Inventories 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.

Maruichi Steel Tube Total Inventories Chart

Maruichi Steel Tube Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27,861.00 31,927.00 54,201.00 60,560.00 57,850.00

Maruichi Steel Tube Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories 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 60,560.00 58,712.00 63,125.00 62,492.00 57,850.00

Maruichi Steel Tube Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Maruichi Steel Tube  (TSE:5463) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Maruichi Steel Tube's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(98450+0.75 * 56212+0.5 * 62492-67956
-0-11092)/79.6235
=1,165.57

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

Maruichi Steel Tube's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=62808.5/55266*365 / 4
=103.70

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Maruichi Steel Tube's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=55266 / 62808.5
=0.88

4. 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.

Maruichi Steel Tube's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=62808.5 / 68420
=0.92

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Maruichi Steel Tube Total Inventories Related Terms

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Maruichi Steel Tube (TSE:5463) Business Description

Traded in Other Exchanges
N/A
Address
29th Floor, Nambaskyo, 1-60, 5, Chome, Namba, Chuo-ku, Osaka, JPN, 542-0076
Maruichi Steel Tube Ltd is a Japan-based company that manufactures and sells steel tube and steel sheet coating. Japan, North America, and Asia excluding Japan are the three largest markets for the company. The company's product portfolio includes welded steel tubes, hot-dip galvanized steel sheet, lighting poles, and prepainted steel sheet. Its products are used in architecture, civil engineering, machinery, power generation plants, automobiles, motor cycles, medical equipment, fitness machines, office automation equipment, office and educational furniture, and others. It has plants across North America and Asia.

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