Dmg Mori Co (Dmg Mori Co) Inventory Turnover : 0.30 (As of Dec. 2023)

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What is Dmg Mori Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Dmg Mori Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $432 Mil. Dmg Mori Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $1,430 Mil. Dmg Mori Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dmg Mori Co's Days Inventory for the three months ended in Dec. 2023 was 301.77.

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. Dmg Mori Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.29.

Dmg Mori Co Inventory Turnover Historical Data

The historical data trend for Dmg Mori Co's Inventory Turnover 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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Dmg Mori Co Inventory Turnover Chart

Dmg Mori Co Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.85

1.20

1.36

1.23

1.12

Dmg Mori Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.29	0.24	0.24	0.30	0.26

Dmg Mori Co Inventory Turnover Calculation

Dmg Mori Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	1472.169	/ (	(1232.015	+	1394.922)	/	2 )
=	1472.169	/	1313.4685
=	1.12

Dmg Mori Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	432.306	/ (	(1464.371	+	1394.922)	/	2 )
=	432.306	/	1429.6465
=	0.30

Dmg Mori Co (OTCPK:MRSKY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Dmg Mori Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1429.6465	/	432.306	*	365 / 4
	=	301.77

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.

Dmg Mori Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1429.6465	/	1106.802
	=	1.29

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Dmg Mori Co Inventory Turnover Related Terms

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Dmg Mori Co (Dmg Mori Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dmg Mori Co Ltd (OTCPK:MRSKY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

6141:Japan 0MO:Germany

Address

2-35-16 Meieki, Nakamura-ku, Aichi, Nagoya City, JPN, 450-0002

Website

https://www.dmgmori.co.jp

Dmg Mori Co is a manufacturer of machining tools used in various industries. The company specializes in industrial machining tools such as drills, mills, multiple axis turning centers, and CNC machines, as well as laser and ultrasonic cutting machines. Other products are complementary tools and applications to enhance the workplace around industrial machining tools, such as balancing devices and tool-handling devices. The largest product segments are the 5-axis machines and multipath mills. The end markets are homogeneously split between Germany, the rest of Europe, Asia and China, the Americas, and Japan.

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