Mitsubishi Paper Mills (TSE:3864) Days Inventory : 106.63 (As of Dec. 2023)

View and export this data going back to 1949. Start your Free Trial

What is Mitsubishi Paper Mills Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mitsubishi Paper Mills's Average Total Inventories for the three months ended in Dec. 2023 was 円48,401 Mil. Mitsubishi Paper Mills's Cost of Goods Sold for the three months ended in Dec. 2023 was 円41,421 Mil. Hence, Mitsubishi Paper Mills's Days Inventory for the three months ended in Dec. 2023 was 106.63.

The historical rank and industry rank for Mitsubishi Paper Mills's Days Inventory or its related term are showing as below:

TSE:3864' s Days Inventory Range Over the Past 10 Years
Min: 90.97 Med: 95.43 Max: 116.11
Current: 105.4

During the past 13 years, Mitsubishi Paper Mills's highest Days Inventory was 116.11. The lowest was 90.97. And the median was 95.43.

TSE:3864's Days Inventory is ranked worse than
60.07% of 278 companies
in the Forest Products industry
Industry Median: 90.005 vs TSE:3864: 105.40

Mitsubishi Paper Mills's Days Inventory increased from Dec. 2022 (92.14) to Dec. 2023 (106.63). It might indicate that Mitsubishi Paper Mills's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mitsubishi Paper Mills's Inventory Turnover for the three months ended in Dec. 2023 was 0.86.

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. Mitsubishi Paper Mills's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.01.

Mitsubishi Paper Mills Days Inventory Historical Data

The historical data trend for Mitsubishi Paper Mills'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.

Mitsubishi Paper Mills Days Inventory Chart

Mitsubishi Paper Mills Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

Get a 7-Day Free Trial

103.22

116.11

94.91

90.97

101.47

Mitsubishi Paper Mills Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															96.49	105.60	115.67	106.63	97.87

Competitive Comparison of Mitsubishi Paper Mills's Days Inventory

For the Paper & Paper Products subindustry, Mitsubishi Paper Mills'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.

Mitsubishi Paper Mills's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Mitsubishi Paper Mills's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mitsubishi Paper Mills's Days Inventory falls into.

Mitsubishi Paper Mills Days Inventory Calculation

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

Mitsubishi Paper Mills's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (50077	+	41843)	/	2 )	/	165316	*	365
=	45960					/	165316	*	365
=	101.47

Mitsubishi Paper Mills'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
=	( (51138	+	45664)	/	2 )	/	41421	*	365 / 4
=	48401					/	41421	*	365 / 4
=	106.63

Mitsubishi Paper Mills (TSE:3864) 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.

Mitsubishi Paper Mills's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	41421	/	48401
	=	0.86

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.

Mitsubishi Paper Mills's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	48401	/	47966
	=	1.01

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.

Mitsubishi Paper Mills Days Inventory Related Terms

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

Mitsubishi Paper Mills (TSE:3864) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Mitsubishi Paper Mills Ltd (TSE:3864) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-10-14 Ryogoku, Sumida-ku, Tokyo, JPN, 130-0026

Website

http://www.mpm.co.jp

Mitsubishi Paper Mills Ltd is a paper and paper manufacturing company. The company manufactures printing paper, printing plate materials and printing systems supporting offset and other printing. Its segments consist of Paper and Pulp, Imaging Media, Speciality Materials and Warehouse and Transportation. The company generates maximum revenue from the Paper and Pulp segment. Its offers graphic arts material; photographic materials; inkjet media; thermo memory; battery separator; air filter and others. Geographically, it derives a majority of revenue from Japan and also has a presence in Europe; Asia; North America and Other Countries.

Mitsubishi Paper Mills (TSE:3864) Headlines

No Headlines