Mitsubishi Heavy Industries (Mitsubishi Heavy Industries) Change In Inventory

: $-351 Mil (TTM As of Dec. 2023)

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Mitsubishi Heavy Industries's change in inventory for the quarter that ended in Dec. 2023 was $-221 Mil. It means Mitsubishi Heavy Industries's inventory increased by $221 Mil from Sep. 2023 to Dec. 2023 .

Mitsubishi Heavy Industries's change in inventory for the fiscal year that ended in Mar. 2023 was $-491 Mil. It means Mitsubishi Heavy Industries's inventory increased by $491 Mil from Mar. 2022 to Mar. 2023 .

Mitsubishi Heavy Industries's Total Inventories for the quarter that ended in Dec. 2023 was $7,236 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mitsubishi Heavy Industries's Days Inventory for the quarter that ended in Dec. 2023 was 98.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mitsubishi Heavy Industries's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.93.

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. Mitsubishi Heavy Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.85.

Mitsubishi Heavy Industries Change In Inventory Historical Data

The historical data trend for Mitsubishi Heavy Industries's Change In 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.

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Mitsubishi Heavy Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

155.02

363.73

526.43

-758.69

-491.46

Mitsubishi Heavy Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory																-354.39	727.16	-807.03	-49.74	-221.01

Mitsubishi Heavy Industries Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-351 Mil.

Mitsubishi Heavy Industries (OTCPK:MHVYF) Change In Inventory Explanation

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

Mitsubishi Heavy Industries's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	7020.569	/	6530.117	*	365 / 4
	=	98.10

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Mitsubishi Heavy Industries's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6530.117	/	7020.569
	=	0.93

3. 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.

Mitsubishi Heavy Industries's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7020.569	/	8274.633
	=	0.85

Mitsubishi Heavy Industries Change In Inventory Related Terms

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Mitsubishi Heavy Industries (Mitsubishi Heavy Industries) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

7011:Japan MIH:Germany

Address

2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8332

Website

https://www.mhi.com

Mitsubishi Heavy Industries Ltd is engaged in the manufacturing and sale of ships, industrial machinery, and aircraft. The segments of the company are Energy, Plants and Infrastructure Systems, Logistics, Thermal and Drive Systems, and Aircraft, Defense, and Space. The company earns maximum revenue from the energy segment which handles clean gas, steam power systems, nuclear power systems, compressors, and marine machinery. The Plants and Infrastructure Systems segment of the company deals with commercial ships, engineering, machine tools, and machinery systems; Logistics, Thermal, and Drive Systems provide material handling systems, engines, HVAC systems, and automotive air-conditioners; and the Aircraft, Defense, and Space cover commercial aircraft, defense aircraft, and others.