Mimasu Semiconductor Industry Co (TSE:8155) Inventory Turnover : 1.80 (As of Feb. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Mimasu Semiconductor Industry 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. Mimasu Semiconductor Industry Co's Cost of Goods Sold for the three months ended in Feb. 2024 was 円17,116 Mil. Mimasu Semiconductor Industry Co's Average Total Inventories for the quarter that ended in Feb. 2024 was 円9,491 Mil. Mimasu Semiconductor Industry Co's Inventory Turnover for the quarter that ended in Feb. 2024 was 1.80.

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 three months ended in Feb. 2024 was 50.60.

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 quarter that ended in Feb. 2024 was 0.46.

Mimasu Semiconductor Industry Co Inventory Turnover Historical Data

The historical data trend for Mimasu Semiconductor Industry 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.

* Premium members only.

Mimasu Semiconductor Industry Co Inventory Turnover Chart

Mimasu Semiconductor Industry Co Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Inventory Turnover

Get a 7-Day Free Trial

17.21

16.48

15.98

11.56

8.66

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
Inventory Turnover	Get a 7-Day Free Trial															2.75	1.83	1.56	1.96	1.80

Mimasu Semiconductor Industry Co Inventory Turnover Calculation

Mimasu Semiconductor Industry Co's Inventory Turnover for the fiscal year that ended in May. 2023 is calculated as

	Inventory Turnover (A: May. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: May. 2023 )	/ (	(Total Inventories (A: May. 2022 )	+	Total Inventories (A: May. 2023 ))	/	count )
=	69541	/ (	(5657	+	10409)	/	2 )
=	69541	/	8033
=	8.66

Mimasu Semiconductor Industry Co's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

	Inventory Turnover (Q: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2024 )	/ (	(Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )
=	17116	/ (	(9409	+	9572)	/	2 )
=	17116	/	9490.5
=	1.80

Mimasu Semiconductor Industry Co (TSE:8155) 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.

Mimasu Semiconductor Industry Co's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	9490.5	/	17116	*	365 / 4
	=	50.60

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 quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	9490.5	/	20685
	=	0.46

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.

Mimasu Semiconductor Industry Co Inventory Turnover Related Terms

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

Mimasu Semiconductor Industry Co (TSE:8155) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Mimasu Semiconductor Industry Co Ltd (TSE:8155) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2174-1 Hododa-machi, Takasaki-shi, Gunma, JPN, 370-3533

Website

https://www.mimasu.co.jp

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.

Mimasu Semiconductor Industry Co (TSE:8155) Headlines

No Headlines