Minebea Mitsumi (Minebea Mitsumi) Change In Inventory : $98 Mil (TTM As of Dec. 2023)

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What is Minebea Mitsumi Change In Inventory?

Minebea Mitsumi's change in inventory for the quarter that ended in Dec. 2023 was $-12 Mil. It means Minebea Mitsumi's inventory increased by $12 Mil from Sep. 2023 to Dec. 2023 .

Minebea Mitsumi's change in inventory for the fiscal year that ended in Mar. 2023 was $-84 Mil. It means Minebea Mitsumi's inventory increased by $84 Mil from Mar. 2022 to Mar. 2023 .

Minebea Mitsumi's Total Inventories for the quarter that ended in Dec. 2023 was $2,087 Mil.

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 quarter that ended in Dec. 2023 was 85.96.

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 Dec. 2023 was 1.06.

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 quarter that ended in Dec. 2023 was 0.78.

Minebea Mitsumi Change In Inventory Historical Data

The historical data trend for Minebea Mitsumi'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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Minebea Mitsumi Change In Inventory Chart

Minebea Mitsumi Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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95.47

-154.29

120.71

-302.24

-84.34

Minebea Mitsumi 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	Get a 7-Day Free Trial															-74.92	264.09	-185.67	31.06	-11.84

Minebea Mitsumi 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 $98 Mil.

Minebea Mitsumi (OTCPK:MNBEY) Change In Inventory Explanation

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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2067.502	/	2194.796	*	365 / 4
	=	85.96

2. 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 Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2194.796	/	2067.502
	=	1.06

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.

Minebea Mitsumi's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2067.502	/	2647.611
	=	0.78

Minebea Mitsumi Change In Inventory Related Terms

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Minebea Mitsumi (Minebea Mitsumi) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Minebea Mitsumi Inc (OTCPK:MNBEY) » Definitions » Change In Inventory

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MNBEF:USA 6479:Japan

Address

3-9-6, Mita, Minato-ku, Tokyo, JPN, 108-8330

Website

https://www.minebeamitsumi.com

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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