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. Minebea Mitsumi's Average Total Inventories for the quarter that ended in Mar. 2024 was €1,862 Mil. Minebea Mitsumi's Revenue for the
three
months ended in Mar. 2024 was €2,142 Mil.
Minebea Mitsumi's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.87.
Minebea Mitsumi's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.79) to Dec. 2023 (0.87)
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Minebea Mitsumi's Days Inventory for the
three
months ended in Mar. 2024 was 96.25.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Minebea Mitsumi's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.95.
Minebea Mitsumi Inventory-to-Revenue Historical Data
The historical data trend for Minebea Mitsumi's Inventory-to-Revenue 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.
Competitive Comparison of Minebea Mitsumi's Inventory-to-Revenue
For the Electronic Components subindustry, Minebea Mitsumi's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
Minebea Mitsumi's Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Minebea Mitsumi's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Minebea Mitsumi's Inventory-to-Revenue falls into.
Minebea Mitsumi Inventory-to-Revenue Calculation
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.
Minebea Mitsumi's Inventory-to-Revenue for the fiscal year that ended in Mar. 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.
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Minebea Mitsumi's Days Inventory for the
three
months ended in Mar. 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.
Minebea Mitsumi Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Minebea Mitsumi's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Minebea Mitsumi Inc is an electronic components company. Its operating segments are Machined components, Electronic devices and components and MITSUMI business. The machined components segment manufactures mechanical parts including ball bearings, rod-end bearings, pivot assemblies for hard disk drive (HDD), and screws for automobiles and aircrafts. The electronic devices and components segment manufactures electronic devices (such as LED backlights and sensing devices), HDD spindle motors, stepping motors, DC motors, air movers (fan motors), precision motors and specialized devices. And The MITSUMI business segment manufactures semiconductor devices, optical devices, mechanical parts, high-frequency components, and power supply parts.
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