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Meiji Electric Industries Co (TSE:3388) Change In Inventory : 円0 Mil (TTM As of Dec. 2023)


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What is Meiji Electric Industries Co Change In Inventory?

Meiji Electric Industries Co's change in inventory for the quarter that ended in Dec. 2023 was 円0 Mil. It means Meiji Electric Industries Co's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Meiji Electric Industries Co's change in inventory for the fiscal year that ended in Mar. 2023 was 円-3,011 Mil. It means Meiji Electric Industries Co's inventory increased by 円3,011 Mil from Mar. 2022 to Mar. 2023 .

Meiji Electric Industries Co's Total Inventories for the quarter that ended in Dec. 2023 was 円7,798 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Meiji Electric Industries Co's Days Inventory for the quarter that ended in Dec. 2023 was 46.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Meiji Electric Industries Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.96.

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. Meiji Electric Industries Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.43.


Meiji Electric Industries Co Change In Inventory Historical Data

The historical data trend for Meiji Electric Industries Co'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.

* Premium members only.

Meiji Electric Industries Co Change In Inventory Chart

Meiji Electric Industries Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -88.80 527.20 -183.33 -763.24 -3,010.77

Meiji Electric Industries Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Meiji Electric Industries Co 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 円0 Mil.

* 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.


Meiji Electric Industries Co  (TSE:3388) Change In Inventory Explanation

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

Meiji Electric Industries Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=7968.461/15637.443*365 / 4
=46.50

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

Meiji Electric Industries Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

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.

Meiji Electric Industries Co's Inventory to Revenue for the quarter that ended in Dec. 2023 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.


Meiji Electric Industries Co Change In Inventory Related Terms

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Meiji Electric Industries Co (TSE:3388) Business Description

Traded in Other Exchanges
N/A
Address
2-13-8 Kamejima, Nakamura-ku, Aichi, Nagoya, JPN
Meiji Electric Industries Co Ltd is a distributor of factory automation components. It also sells functional parts for electric equipment and automatic power saving electrical appliances and instruments.

Meiji Electric Industries Co (TSE:3388) Headlines

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