Sumitomo Electric Industries (Sumitomo Electric Industries) Change In Inventory : $0 Mil (TTM As of Dec. 2023)

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What is Sumitomo Electric Industries Change In Inventory?

Sumitomo Electric Industries's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Sumitomo Electric Industries's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Sumitomo Electric Industries's change in inventory for the fiscal year that ended in Mar. 2023 was $199 Mil. It means Sumitomo Electric Industries's inventory declined by $199 Mil from Mar. 2022 to Mar. 2023 .

Sumitomo Electric Industries's Total Inventories for the quarter that ended in Dec. 2023 was $6,249 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sumitomo Electric Industries's Days Inventory for the quarter that ended in Dec. 2023 was 86.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sumitomo Electric Industries's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.05.

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. Sumitomo Electric Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.77.

Sumitomo Electric Industries Change In Inventory Historical Data

The historical data trend for Sumitomo Electric Industries's Change In 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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Sumitomo Electric Industries Change In Inventory Chart

Sumitomo Electric Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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-539.89

-256.61

-362.26

-1,645.32

198.56

Sumitomo Electric Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Sumitomo Electric Industries Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Sumitomo Electric Industries (OTCPK:SMTOY) Change In Inventory Explanation

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

Sumitomo Electric Industries's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	6175.6785	/	6489.646	*	365 / 4
	=	86.84

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

Sumitomo Electric Industries's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6489.646	/	6175.6785
	=	1.05

3. 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.

Sumitomo Electric Industries's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6175.6785	/	7985.908
	=	0.77

Sumitomo Electric Industries Change In Inventory Related Terms

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Sumitomo Electric Industries (Sumitomo Electric Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sumitomo Electric Industries Ltd (OTCPK:SMTOY) » Definitions » Change In Inventory

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Traded in Other Exchanges

5802:Japan SMO:Germany

Address

4-5-33, Kitahama, Chuo-ku, Osaka, JPN, 541-0041

Website

http://www.sei.co.jp

Sumitomo Electric Industries Ltd manufactures and sells electric wires and cables, and other products. The company is engaged in diversified business activities supporting people's daily lives and industry through five business segments: Automotive, Infocommunications, Electronics, Environment and Energy, and Industrial Materials and Others. The Automobile-related segment offers wire harnesses, rubber cushions, hoses for automobiles, automobile electrical parts and others. Sumitomo's Information Communications-related segment offers fiber-optic cables, electrical cables and equipment for communications use, optical communications-related parts and others. It derives most of the revenue from Japan.

Sumitomo Electric Industries (Sumitomo Electric Industries) Headlines

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