Misumi Co (FSE:7441) Days Inventory : 24.09 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Misumi Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Misumi Co's Average Total Inventories for the three months ended in Dec. 2023 was 円3,293 Mil. Misumi Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円12,475 Mil. Hence, Misumi Co's Days Inventory for the three months ended in Dec. 2023 was 24.09.

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

FSE:7441' s Days Inventory Range Over the Past 10 Years
Min: 18.65 Med: 21.57 Max: 25.74
Current: 23.03

During the past 11 years, Misumi Co's highest Days Inventory was 25.74. The lowest was 18.65. And the median was 21.57.

FSE:7441's Days Inventory is ranked better than
96.21% of 2905 companies
in the Industrial Products industry
Industry Median: 120.1 vs FSE:7441: 23.03

Misumi Co's Days Inventory increased from Dec. 2022 (20.61) to Dec. 2023 (24.09). It might indicate that Misumi Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Misumi Co's Inventory Turnover for the three months ended in Dec. 2023 was 3.79.

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. Misumi Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.21.

Misumi Co Days Inventory Historical Data

The historical data trend for Misumi Co'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.

Misumi Co Days Inventory Chart

Misumi Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

19.62

21.69

25.74

22.01

21.45

Misumi Co 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															20.61	20.82	23.34	23.18	24.09

Competitive Comparison of Misumi Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Misumi Co'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.

Misumi Co's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Misumi Co's Days Inventory falls into.

Misumi Co Days Inventory Calculation

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

Misumi Co'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
=	( (2997.259	+	3057.818)	/	2 )	/	51507.345	*	365
=	3027.5385					/	51507.345	*	365
=	21.45

Misumi Co'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
=	( (3173.994	+	3412.557)	/	2 )	/	12474.508	*	365 / 4
=	3293.2755					/	12474.508	*	365 / 4
=	24.09

Misumi Co (FSE:7441) 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.

Misumi Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12474.508	/	3293.2755
	=	3.79

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.

Misumi Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3293.2755	/	15929.222
	=	0.21

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.

Misumi Co Days Inventory Related Terms

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

Misumi Co (FSE:7441) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Misumi Co Ltd (FSE:7441) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-43 Toyo 2-chome, Koto-ku, Tokyo, JPN, 135-8458

Website

http://kk-misumi.jp

Misumi Co Ltd develop and supply standard components for automated machinery used in rationalized and laborsaving production systems, the company also develop die components, cables, connectors, and machine tools etc.

Misumi Co (FSE:7441) Headlines

No Headlines