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Miraial Co (Miraial Co) Days Inventory : 75.24 (As of Apr. 2024)


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What is Miraial Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Miraial Co's Average Total Inventories for the three months ended in Apr. 2024 was $15.07 Mil. Miraial Co's Cost of Goods Sold for the three months ended in Apr. 2024 was $18.28 Mil. Hence, Miraial Co's Days Inventory for the three months ended in Apr. 2024 was 75.24.

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

MRLCF' s Days Inventory Range Over the Past 10 Years
Min: 40.61   Med: 61.55   Max: 79.64
Current: 78.8

During the past 13 years, Miraial Co's highest Days Inventory was 79.64. The lowest was 40.61. And the median was 61.55.

MRLCF's Days Inventory is ranked better than
71.61% of 944 companies
in the Semiconductors industry
Industry Median: 130.195 vs MRLCF: 78.80

Miraial Co's Days Inventory increased from Apr. 2023 (56.06) to Apr. 2024 (75.24). It might indicate that Miraial Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Miraial Co's Inventory Turnover for the three months ended in Apr. 2024 was 1.21.

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. Miraial Co's Inventory-to-Revenue for the three months ended in Apr. 2024 was 0.66.


Miraial Co Days Inventory Historical Data

The historical data trend for Miraial 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.

Miraial Co Days Inventory Chart

Miraial Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.77 64.58 66.05 63.83 79.59

Miraial Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 56.06 69.78 94.83 86.97 75.24

Competitive Comparison of Miraial Co's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Miraial 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.


Miraial Co's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Miraial Co's Days Inventory distribution charts can be found below:

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



Miraial Co Days Inventory Calculation

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

Miraial Co's Days Inventory for the fiscal year that ended in Jan. 2024 is calculated as

Days Inventory (A: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (14.197 + 15.633) / 2 ) / 68.404*365
=14.915 / 68.404*365
=79.59

Miraial Co's Days Inventory for the quarter that ended in Apr. 2024 is calculated as:

Days Inventory (Q: Apr. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jan. 2024 ) + Total Inventories (Q: Apr. 2024 )) / count ) / Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=( (15.633 + 14.516) / 2 ) / 18.281*365 / 4
=15.0745 / 18.281*365 / 4
=75.24

* 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.


Miraial Co  (GREY:MRLCF) 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.

Miraial Co's Inventory Turnover for the three months ended in Apr. 2024 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.

Miraial Co's Inventory to Revenue for the three months ended in Apr. 2024 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.


Miraial Co Days Inventory Related Terms

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


Miraial Co (Miraial Co) Business Description

Traded in Other Exchanges
Address
Tokyu Building, 1-18-2 Nishi-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0021
Miraial Co Ltd is a Japanese company engaged in the production and sale of products that are indispensable to the electronics materials and semiconductor industries. Miraial develops products mainly for the semiconductor industry based on the precision molding and processing technology for high-function plastics. Its products include Front Opening Unified Pod (FOUP), cassettes, boxes, shipping containers, handles, among others.

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