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Mimasu Semiconductor Industry Co (TSE:8155) Days Inventory : 50.60 (As of Feb. 2024)


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What is Mimasu Semiconductor Industry Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mimasu Semiconductor Industry Co's Average Total Inventories for the three months ended in Feb. 2024 was 円9,491 Mil. Mimasu Semiconductor Industry Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円17,116 Mil. Hence, Mimasu Semiconductor Industry Co's Days Inventory for the three months ended in Feb. 2024 was 50.60.

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

TSE:8155' s Days Inventory Range Over the Past 10 Years
Min: 14.58   Med: 22.5   Max: 50.32
Current: 50.32

During the past 13 years, Mimasu Semiconductor Industry Co's highest Days Inventory was 50.32. The lowest was 14.58. And the median was 22.50.

TSE:8155's Days Inventory is ranked better than
83.12% of 942 companies
in the Semiconductors industry
Industry Median: 129.735 vs TSE:8155: 50.32

Mimasu Semiconductor Industry Co's Days Inventory increased from Feb. 2023 (33.19) to Feb. 2024 (50.60). It might indicate that Mimasu Semiconductor Industry Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mimasu Semiconductor Industry Co's Inventory Turnover for the three months ended in Feb. 2024 was 1.80.

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. Mimasu Semiconductor Industry Co's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.46.


Mimasu Semiconductor Industry Co Days Inventory Historical Data

The historical data trend for Mimasu Semiconductor Industry 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.

Mimasu Semiconductor Industry Co Days Inventory Chart

Mimasu Semiconductor Industry Co 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 21.21 22.15 22.84 31.56 42.16

Mimasu Semiconductor Industry Co 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 33.19 49.74 58.33 46.62 50.60

Competitive Comparison of Mimasu Semiconductor Industry Co's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Mimasu Semiconductor Industry 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.


Mimasu Semiconductor Industry Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Mimasu Semiconductor Industry Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mimasu Semiconductor Industry Co's Days Inventory falls into.



Mimasu Semiconductor Industry Co Days Inventory Calculation

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

Mimasu Semiconductor Industry Co'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
=( (5657 + 10409) / 2 ) / 69541*365
=8033 / 69541*365
=42.16

Mimasu Semiconductor Industry Co'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
=( (9409 + 9572) / 2 ) / 17116*365 / 4
=9490.5 / 17116*365 / 4
=50.60

* 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.


Mimasu Semiconductor Industry Co  (TSE:8155) 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.

Mimasu Semiconductor Industry Co'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.

Mimasu Semiconductor Industry Co'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.


Mimasu Semiconductor Industry Co Days Inventory Related Terms

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


Mimasu Semiconductor Industry Co (TSE:8155) Business Description

Traded in Other Exchanges
N/A
Address
2174-1 Hododa-machi, Takasaki-shi, Gunma, JPN, 370-3533
Mimasu Semiconductor Industry Co Ltd is a Japan-based company, engages in the processing of semiconductor materials. The Semiconductor division includes processing and sales of semiconductor materials. The Industrial sales segment includes measuring instruments, testing machines, information equipment, automatic control equipment other precision equipment, in-house developed products, and related systems sales. The Engineering division is engaged in the provision of various automatic devices, such as processing equipment for semiconductor materials, robot systems, and others.

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