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Mitsubishi HC Capital (Mitsubishi HC Capital) Days Inventory : 10.12 (As of Dec. 2023)


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What is Mitsubishi HC Capital Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mitsubishi HC Capital's Average Total Inventories for the three months ended in Dec. 2023 was $299 Mil. Mitsubishi HC Capital's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,692 Mil. Hence, Mitsubishi HC Capital's Days Inventory for the three months ended in Dec. 2023 was 10.12.

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

MIUFY' s Days Inventory Range Over the Past 10 Years
Min: 1.15   Med: 6.54   Max: 11.29
Current: 10.65

During the past 13 years, Mitsubishi HC Capital's highest Days Inventory was 11.29. The lowest was 1.15. And the median was 6.54.

MIUFY's Days Inventory is ranked better than
72.28% of 101 companies
in the Credit Services industry
Industry Median: 40.39 vs MIUFY: 10.65

Mitsubishi HC Capital's Days Inventory increased from Dec. 2022 (9.96) to Dec. 2023 (10.12). It might indicate that Mitsubishi HC Capital's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mitsubishi HC Capital's Inventory Turnover for the three months ended in Dec. 2023 was 9.02.

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 HC Capital's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.09.


Mitsubishi HC Capital Days Inventory Historical Data

The historical data trend for Mitsubishi HC Capital'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 HC Capital Days Inventory Chart

Mitsubishi HC Capital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.65 10.49 11.33 9.97 11.91

Mitsubishi HC Capital 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 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 9.96 10.03 12.00 12.51 10.12

Competitive Comparison of Mitsubishi HC Capital's Days Inventory

For the Credit Services subindustry, Mitsubishi HC Capital'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 HC Capital's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mitsubishi HC Capital's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mitsubishi HC Capital's Days Inventory falls into.



Mitsubishi HC Capital Days Inventory Calculation

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

Mitsubishi HC Capital'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
=( (406.84 + 344.625) / 2 ) / 11513.201*365
=375.7325 / 11513.201*365
=11.91

Mitsubishi HC Capital'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
=( (348.067 + 249.004) / 2 ) / 2691.881*365 / 4
=298.5355 / 2691.881*365 / 4
=10.12

* 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 HC Capital  (OTCPK:MIUFY) 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 HC Capital'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 HC Capital'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 HC Capital Days Inventory Related Terms

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


Mitsubishi HC Capital (Mitsubishi HC Capital) Business Description

Traded in Other Exchanges
Address
5-1, Marunouchi 1-chome, Shin-Marunouchi Building, Chiyoda-ku, Tokyo, JPN, 100-6525
Mitsubishi HC Capital Inc is a provider of leases and rental solutions. It offers finance leases, operating leases, real estate leases, auto leases, carbon-neutral and green leases, personal computer rentals, measuring equipment rentals, machine tool rentals, as well as real estate-related finance, sales receivable factoring, medical fee factoring, installment sales, used machinery purchasing and sales, and insurance, among others.

Mitsubishi HC Capital (Mitsubishi HC Capital) Headlines

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