Days Inventory is also known as Days Sales of Inventory (DSI). Mazda Motor's Average Total Inventories for the
three
months ended in Dec. 2023 was €4,633 Mil. Mazda Motor's Cost of Goods Sold for the
three
months ended in Dec. 2023 was €6,151 Mil.
Hence, Mazda Motor's Days Inventory for the
three
months ended in Dec. 2023 was 68.73.
The historical rank and industry rank for Mazda Motor's Days Inventory or its related term are showing as below:
FRA:MZA'
s Days Inventory Range Over the Past 10 Years
Min: 53.42 Med: 56.89 Max: 70.34
Current: 67.91
During the past 13 years, Mazda Motor's highest Days Inventory was 70.34. The lowest was 53.42. And the median was 56.89.
FRA:MZA's Days Inventory is ranked better than 60.11% of 1256
companies
in the Vehicles & Parts industry
Industry Median: 81.39
vs FRA:MZA: 67.91
Mazda Motor's Days Inventory
increased
from Dec. 2022 (66.53) to Dec. 2023 (68.73).
It might indicate that Mazda Motor's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Mazda Motor's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.33.
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.
Mazda Motor's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.58.
Mazda Motor Days Inventory Historical Data
The historical data trend for Mazda Motor'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.
Competitive Comparison of Mazda Motor's Days Inventory
For the Auto Manufacturers subindustry, Mazda Motor'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.
Mazda Motor's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mazda Motor's Days Inventory distribution charts can be found below:
* The bar in red indicates where Mazda Motor's Days Inventory falls into.
Mazda Motor Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Mazda Motor's Days Inventory for the fiscal year that ended in Mar. 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.
Mazda Motor (FRA:MZA) 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.
Mazda Motor'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.
Mazda Motor'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.
Mazda Motor Days Inventory Related Terms
Thank you for viewing the detailed overview of Mazda Motor's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Mazda Motor Corp is a Japanese automobile manufacturer. The company primarily manufactures passenger cars and commercial vehicles. Also, Mazda manufactures diesel and petroleum gasoline engines, along with manual and automatic transmissions for vehicles. The vast majority of Mazda's production is manufactured locally. The company segments itself across four geographic areas: Japan, North America, Europe, and other markets. The company derives more than half its consolidated revenue from operations in Japan, followed by North America, and then Europe.
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