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Mitsumura Printing Co (TSE:7916) Days Inventory : 23.56 (As of Dec. 2023)


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What is Mitsumura Printing Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mitsumura Printing Co's Average Total Inventories for the three months ended in Dec. 2023 was 円862 Mil. Mitsumura Printing Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円3,338 Mil. Hence, Mitsumura Printing Co's Days Inventory for the three months ended in Dec. 2023 was 23.56.

The historical rank and industry rank for Mitsumura Printing Co's Days Inventory or its related term are showing as below:

TSE:7916' s Days Inventory Range Over the Past 10 Years
Min: 23.41   Med: 26.8   Max: 29.52
Current: 25.08

During the past 13 years, Mitsumura Printing Co's highest Days Inventory was 29.52. The lowest was 23.41. And the median was 26.80.

TSE:7916's Days Inventory is ranked better than
51.98% of 681 companies
in the Business Services industry
Industry Median: 29.1 vs TSE:7916: 25.08

Mitsumura Printing Co's Days Inventory declined from Dec. 2022 (27.03) to Dec. 2023 (23.56).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mitsumura Printing Co's Inventory Turnover for the three months ended in Dec. 2023 was 3.87.

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. Mitsumura Printing Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.21.


Mitsumura Printing Co Days Inventory Historical Data

The historical data trend for Mitsumura Printing Co's Days 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.

Mitsumura Printing Co Days Inventory Chart

Mitsumura Printing Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.83 29.33 26.98 26.61 28.04

Mitsumura Printing Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days 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 27.03 24.99 24.86 28.29 23.56

Competitive Comparison of Mitsumura Printing Co's Days Inventory

For the Specialty Business Services subindustry, Mitsumura Printing Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mitsumura Printing Co's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mitsumura Printing Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mitsumura Printing Co's Days Inventory falls into.



Mitsumura Printing Co Days Inventory Calculation

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

Mitsumura Printing Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (1076.421 + 795.465) / 2 ) / 12183.657*365
=935.943 / 12183.657*365
=28.04

Mitsumura Printing Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (969.948 + 753.673) / 2 ) / 3338.302*365 / 4
=861.8105 / 3338.302*365 / 4
=23.56

* 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.


Mitsumura Printing Co  (TSE:7916) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Mitsumura Printing Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

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.

Mitsumura Printing Co's Inventory to Revenue for the three months 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Mitsumura Printing Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Mitsumura Printing Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Mitsumura Printing Co (TSE:7916) Business Description

Traded in Other Exchanges
N/A
Address
1-15-9 Osaki, Tokyo, JPN, 141-8567
Mitsumura Printing Co Ltd is engaged in providing business services which include commercial printing, newspaper printing, on demand printing, card printing, and anti-counterfeiting technology.

Mitsumura Printing Co (TSE:7916) Headlines

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